2014-04-25                     House Journal                      Page 2819
Representative Feige moved and asked unanimous consent that CSSB
(L&C) be returned to second reading for the specific purpose of                                                               
considering Amendment No. 1.  There being no objection, it was so                                                               
ordered.                                                                                                                        
                                                                                                                                
Amendment No. 1 was offered  by Representatives Pruitt, Feige, and                                                               
Kreiss-Tomkins:                                                                                                                 
                                                                                                                                
Page 1, line 5 (title amendment):                                                                                               
     Delete "and"                                                                                                             
                                                                                                                                
Page 1, line 8, following "Niblack project" (title amendment):                                                              
     Insert "; and relating to legislative approval for a loan from the                                                     
power project fund for the Blue Lake hydroelectric project"                                                                   
                                                                                                                                
Page 4, following line 4:                                                                                                       
     Insert a new bill section to read:                                                                                         
"* Sec. 7. The uncodified law of the State of Alaska is amended by                                                            
adding a new section to read:                                                                                                   
     LEGISLATIVE APPROVAL OF LOAN FROM THE POWER                                                                                
PROJECT FUND. If the Alaska Energy Authority approves a loan to                                                                 
the City and Borough of Sitka for the Blue Lake hydroelectric project,                                                          
the legislature authorizes the Alaska Energy Authority to loan an                                                               
amount not to exceed $18,600,000 from the power project fund                                                                    
(AS 42.45.010) to the City and Borough of Sitka for the Blue Lake                                                               
hydroelectric project. This section constitutes legislative approval                                                            
under AS 42.45.010(j) for a loan from the fund that exceeds                                                                     
$5,000,000."                                                                                                                    
                                                                                                                                
Representative Pruitt moved and asked unanimous consent that                                                                    
Amendment No. 1 be adopted.  There being no objection, it was so                                                                
ordered, and the new title follows:                                                                                             
                                                                                                                                
     CS FOR SENATE BILL NO. 99(L&C) am H                                                                                        
     "An Act relating to the Alaska Industrial Development and Export                                                           
     Authority revolving fund; limiting the use of the Alaska Industrial                                                        
     Development and Export Authority sustainable energy                                                                        
     transmission and supply development fund for certain loans and                                                             
     loan guarantees and allowing the development fund to be used as                                                            
     security for a bond guarantee; amending the definition of