2011-04-15                     Senate Journal                      Page 0879
HB 119                                                                                                                        
CS FOR HOUSE BILL NO. 119(EDT) "An Act relating to the                                                                          
procurement of supplies, services, professional services, and                                                                   
construction for the Alaska Industrial Development and Export                                                                   
Authority; relating to the definition of 'own' for the economic                                                                 
development account; relating to the definitions of 'development                                                                
project', 'plant', 'facility', and 'project' for the Alaska Industrial                                                          
Development and Export Authority; relating to the Alaska Industrial                                                             
Development and Export Authority creating subsidiaries regarding                                                                
projects financed under AS 44.88.172; and providing for an effective                                                            
date" was read the second time.                                                                                                 
                                                                                                                                
Senator Stedman, Cochair, moved and asked unanimous consent for                                                                 
the adoption of the Finance Senate Committee Substitute offered on                                                              
page 879. Senator Huggins objected, then withdrew his objection.                                                                
There being no further objection, SENATE CS FOR CS FOR HOUSE                                                                    
BILL NO. 119(FIN) "An Act relating to the procurement of supplies,                                                              
services, professional services, and construction for the Alaska                                                                
Industrial Development and Export Authority; relating to the                                                                    
definition of 'own' for the economic development account; relating to                                                           
the definitions of 'development project,' 'plant,' 'facility,' and 'project'                                                    
for the Alaska Industrial Development and Export Authority; relating                                                            

2011-04-15                     Senate Journal                      Page 0880
to the Alaska Industrial Development and Export Authority creating                                                              
subsidiaries regarding projects financed under AS 44.88.172;                                                                    
authorizing the Alaska Development and Export Authority to issue                                                                
bonds to finance the expansion, modification, and upgrading of the                                                              
Skagway Ore Terminal; relating to the operation and management of                                                               
public housing projects and housing for low-income households by the                                                            
Alaska Housing Finance Corporation; relating to subsidiary                                                                      
corporations of the Alaska Housing Finance Corporation; relating to                                                             
harbor facility grants; and providing for an effective date" was                                                                
adopted.                                                                                                                        
                                                                                                                                
President Stevens stated SENATE CS FOR CS FOR HOUSE BILL                                                                        
NO. 119(FIN) will advance to third reading on the April 16 calendar.