2010-04-13                     House Journal                      Page 2247
SB 301                                                                                                                        
The Finance Committee considered:                                                                                               
                                                                                                                                
    SENATE BILL NO. 301                                                                                                         
    "An Act relating to the power project fund; authorizing the Alaska                                                          
    Energy Authority to charge and collect fees relating to the power                                                           
    project fund; authorizing the Alaska Energy Authority to sell and                                                           
    authorizing the Alaska Industrial Development and Export                                                                    
    Authority to purchase loans of the power project fund; providing                                                            

2010-04-13                     House Journal                      Page 2248
    legislative approval for the sale and purchase of loans of the                                                              
    power project fund under the memorandum of understanding                                                                    
    dated February 17, 2010; and providing for an effective date."                                                             
                                                                                                                                
and recommends it be replaced with:                                                                                             
                                                                                                                                
    HOUSE CS FOR SENATE BILL NO. 301(FIN)                                                                                       
    "An Act relating to the power project fund; authorizing the Alaska                                                          
    Energy Authority to charge and collect fees relating to the power                                                           
    project fund; authorizing the Alaska Energy Authority to sell and                                                           
    authorizing the Alaska Industrial Development and Export                                                                    
    Authority to purchase loans of the power project fund; providing                                                            
    legislative approval for the sale and purchase of loans of the                                                              
    power project fund under the memorandum of understanding                                                                    
    dated February 17, 2010; providing legislative approval for a loan                                                          
    from the power project fund for the Reynolds Creek hydroelectric                                                            
    project; and providing for an effective date."                                                                              
                                                                                                                                
    (HCR 30 - title change resolution)                                                                                          
                                                                                                                                
The report was signed by Representatives Stoltze and Hawker, Co-                                                                
chairs, with the following individual recommendations:                                                                          
                                                                                                                                
Do pass (6):  Thomas, Kelly, Gara, Salmon, Stoltze, Hawker                                                                      
                                                                                                                                
No recommendation (4):  N. Foster, Doogan, Austerman, Fairclough                                                                
                                                                                                                                
                                                                                                                                
The following fiscal note(s) apply to HCS SB 301(FIN):                                                                          
                                                                                                                                
1. Zero, Dept. of Transportation & Public Facilities                                                                            
2. Zero, Dept. of Revenue                                                                                                       
3. Zero, Dept. of Commerce, Community, & Economic                                                                               
Development                                                                                                                     
4. Indeterminate, Dept. of Commerce, Community, & Economic                                                                      
Development                                                                                                                     
                                                                                                                                
SB 301 was referred to the Rules Committee for placement on the                                                                 
calendar.