2009-04-07                     House Journal                      Page 0771
HB 161                                                                                                                        
The Finance Committee considered:                                                                                               
                                                                                                                                
    HOUSE BILL NO. 161                                                                                                          
    "An Act relating to the Alaska Mental Health Trust Authority                                                                
    Subport Office Building; authorizing the issuance of certificates of                                                        
    participation for construction of the building and authorizing the                                                          
    use of up to $25,000,000 from the mental health trust fund for                                                              
    construction of the building; approving leases of all or part of the                                                        
    building by the Department of Administration; and providing for                                                             
    an effective date."                                                                                                         

2009-04-07                     House Journal                      Page 0772
and recommends it be replaced with:                                                                                             
                                                                                                                                
    CS FOR HOUSE BILL NO. 161(FIN)                                                                                              
    "An Act directing the Alaska Permanent Fund Corporation to                                                                  
    transfer $22,700,000 from the principal of the mental health trust                                                          
    fund to a separate trust land development account; relating to the                                                          
    development of revenue-producing facilities on mental health trust                                                          
    land and to the Alaska Mental Health Trust Authority Subport                                                                
    Office Building; authorizing the issuance of certificates of                                                                
    participation for construction of the building; approving leases of                                                         
    all or part of the building by the Department of Administration;                                                            
    authorizing the Alaska Housing Finance Corporation to acquire                                                               
    the building that it occupies for an amount that does not exceed                                                            
    $14,500,000; and providing for an effective date."                                                                          
                                                                                                                                
The report was signed by Representatives Hawker and Stoltze, Co-                                                                
chairs, with the following individual recommendations:                                                                          
                                                                                                                                
Do pass (6):  Thomas, Gara, Foster, Joule, Fairclough, Stoltze                                                                  
                                                                                                                                
No recommendation (5):  Crawford, Austerman, Kelly, Salmon,                                                                     
Hawker                                                                                                                          
                                                                                                                                
The following fiscal note(s) apply to CSHB 161(FIN):                                                                            
                                                                                                                                
3.  Fiscal, Dept. of Administration                                                                                             
4.  Fiscal, Dept. of Natural Resources                                                                                          
5.  Fiscal, Dept. of Revenue                                                                                                    
6.  Fiscal, Dept. of Revenue                                                                                                    
                                                                                                                                
HB 161 was referred to the Rules Committee for placement on the                                                                 
calendar.