2011-01-24                     Senate Journal                      Page 0079
I urge your prompt and favorable action on this matter.                                                                         
                                                                                                                                
Sincerely,                                                                                                                      
/s/                                                                                                                             
Sean Parnell                                                                                                                    
Governor                                                                                                                        
                                                                                                                                
SB 65                                                                                                                         
SENATE BILL NO. 65 BY THE SENATE RULES COMMITTEE                                                                                
BY REQUEST OF THE GOVERNOR, entitled:                                                                                           
                                                                                                                                
          "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; and providing for an effective                                                                  
          date."                                                                                                                
                                                                                                                                
was read the first time and referred to the Labor and Commerce and                                                              
Finance Committees.                                                                                                             
                                                                                                                                
The following fiscal information was published today:                                                                           
 Fiscal Note No. 1, zero, Department of Commerce, Community                                                                     
      and Economic Development                                                                                                  
                                                                                                                                
Governor's transmittal letter dated January 21:                                                                                 
                                                                                                                                
Dear President Stevens:                                                                                                         
                                                                                                                                
Under the authority of Article III, Section 18, of the Alaska                                                                   
Constitution, I am transmitting a bill to provide the Alaska Industrial                                                         
Development and Export Authority (AIDEA) with more flexibility to                                                               
encourage greater investment and Alaska resource development. This                                                              
bill would amend AS 44.88.172(a) to enable AIDEA to invest directly                                                             
in a corporation or limited liability company which holds a                                                                     
development project as its sole asset. Under its strategic plan, AIDEA                                                          
works to encourage other investors to join in financing development