Legislature(2007 - 2008)

2007-04-26 House Journal

Full Journal pdf

2007-04-26                     House Journal                      Page 0943
HB 13                                                                                                                         
The following, which was advanced to third reading from the April 25,                                                           
2007, calendar (page 909), was read the third time:                                                                             
                                                                                                                                
    CS FOR HOUSE BILL NO. 13(FIN)                                                                                               
    "An Act relating to prepayments of accrued actuarial liabilities of                                                         
    government retirement systems; relating to the Alaska Municipal                                                             
    Bond Bank Authority, the Alaska Housing Finance Corporation,                                                                
    and the state bond committee; establishing the Alaska Pension                                                               
    Obligation Bond Corporation; permitting the Alaska Municipal                                                                
    Bond Bank Authority or a subsidiary of the authority, a subsidiary                                                          
    of the Alaska Housing Finance Corporation, the state bond                                                                   
    committee, and the Alaska Pension Obligation Bond Corporation                                                               
    to assist state and municipal governmental employers by issuing                                                             
    bonds, notes, commercial paper, or other obligations to enable the                                                          
    governmental employers to prepay all or a portion of the                                                                    
    governmental employers' shares of the unfunded accrued actuarial                                                            
    liabilities of retirement systems; authorizing a governmental                                                               
    employer to issue obligations to prepay all or a portion of the                                                             
    governmental employer's shares of the unfunded accrued actuarial                                                            
    liabilities of retirement systems and to enter into a lease or other                                                        
    contractual agreement with a trustee, the Alaska Municipal Bond                                                             

2007-04-26                     House Journal                      Page 0944
    Bank Authority or a subsidiary of the authority, a subsidiary of the                                                        
    Alaska Housing Finance Corporation, the state bond committee,                                                               
    or the Alaska Pension Obligation Bond Corporation in connection                                                             
    with the issuance of obligations for that purpose, and relating to                                                          
    those obligations; relating to revision of the employer contribution                                                        
    rate in connection with financed prepayment of unfunded accrued                                                             
    actuarial liabilities of government retirement systems; and                                                                 
    providing for an effective date."                                                                                           
                                                                                                                                
The question being:  "Shall CSHB 13(FIN) pass the House?"  The roll                                                             
was taken with the following result:                                                                                            
                                                                                                                                
CSHB 13(FIN)                                                                                                                    
Third Reading                                                                                                                   
Final Passage                                                                                                                   
                                                                                                                                
YEAS:  36   NAYS:  0   EXCUSED:  4   ABSENT:  0                                                                               
                                                                                                                                
Yeas:  Buch, Chenault, Cissna, Coghill, Crawford, Dahlstrom, Doll,                                                              
Doogan, Edgmon, Fairclough, Foster, Gara, Gardner, Gatto,                                                                       
Gruenberg, Guttenberg, Harris, Hawker, Holmes, Johansen, Johnson,                                                               
Joule, Kawasaki, Kelly, LeDoux, Lynn, Meyer, Nelson, Neuman,                                                                    
Olson, Ramras, Salmon, Samuels, Seaton, Stoltze, Thomas                                                                         
                                                                                                                                
Excused:  Kerttula, Kohring, Roses, Wilson                                                                                      
                                                                                                                                
And so, CSHB 13(FIN) passed the House.                                                                                          
                                                                                                                                
Representative Samuels moved and asked unanimous consent that the                                                               
roll call on the passage of the bill be considered the roll call on the                                                         
effective date clause.  There being no objection, it was so ordered.                                                            
                                                                                                                                
CSHB 13(FIN) was referred to the Chief Clerk for engrossment.