Legislature(2013 - 2014)
2014-04-20 House Journal
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Full Journal pdf2014-04-20 House Journal Page 2716 (b) This section constitutes legislative approval required by AS 44.88.095(g)." Representative Herron moved and asked unanimous consent that Amendment No. 1 be adopted. Objection was heard and withdrawn. Representatives Kito III and Holmes moved and asked unanimous consent that they be allowed to abstain from voting because of a conflict of interest. Objection was heard, and the members were required to vote. There being no further objection, Amendment No. 1 was adopted, and the new title follows: HOUSE CS FOR CS FOR SENATE BILL NO. 140(FIN) am H "An Act creating the Arctic infrastructure development program and fund in the Alaska Industrial Development and Export Authority; and relating to dividends from the Alaska Industrial Development and Export Authority; and authorizing the Alaska Industrial Development and Export Authority to issue bonds to finance the infrastructure and construction costs of the Arctic Fibre and Quintillion Networks fiber optics project." Amendment No. 2 was offered by Representative Herron: Page 7, following line 26: Insert a new subsection to read: "(d) The authority may guarantee a loan under AS 44.88.830 if the loan is made to a business with a majority interest held by state residents." Page 8, lines 9 - 11: Delete all material and insert: "(B) the purchase, construction, improvement, rehabilitation, or expansion of a shore-based plant, facility, equipment, or assets used in support of a fishery in the Arctic."