2013-03-20                     House Journal                      Page 0590
SB 23                                                                                                                         
The Labor & Commerce Committee considered:                                                                                      
                                                                                                                                
     CS FOR SENATE BILL NO. 23(FIN)                                                                                             
     "An Act relating to development project financing by the Alaska                                                            
     Industrial Development and Export Authority; relating to the                                                               
     dividends from the Alaska Industrial Development and Export                                                                
     Authority; authorizing the Alaska Industrial Development and                                                               
     Export Authority to provide financing and issue bonds for a                                                                
     liquefied natural gas production system and natural gas                                                                    
     distribution system; and providing for an effective date."                                                                 
                                                                                                                                
and recommends it be replaced with:                                                                                             
                                                                                                                                
     HOUSE CS FOR CS FOR SENATE BILL NO. 23(L&C)                                                                                
     "An Act relating to the dividends from the Alaska Industrial                                                               
     Development and Export Authority; relating to the meaning of 'net                                                          
     income' and 'unrestricted net income' for purposes of the Alaska                                                           
     Industrial Development and Export Authority; authorizing the                                                               
     Alaska Industrial Development and Export Authority to provide                                                              
     financing and issue bonds for a liquefied natural gas production                                                           
     system and natural gas distribution system; and providing for an                                                           
     effective date."                                                                                                           
                                                                                                                                
     (HCR 7 - title change resolution)                                                                                          
                                                                                                                                
The report was signed by Representative Olson, Chair, with the                                                                  
following individual recommendations:                                                                                           
                                                                                                                                
Do pass (1):  Chenault                                                                                                          
                                                                                                                                
No recommendation (5):  Millett, Herron, Reinbold, Saddler, Olson                                                               
                                                                                                                                
Amend (1):  Josephson                                                                                                           
                                                                                                                                

2013-03-20                     House Journal                      Page 0591
The following fiscal note(s) apply to HCS CSSB 23(L&C):                                                                         
                                                                                                                                
3. Fiscal, Dept. of Commerce, Community, & Economic Development                                                                 
4. Fiscal, Dept. of Commerce, Community, & Economic Development                                                                 
                                                                                                                                
CSSB 23(FIN) was referred to the Finance Committee.