Legislature(2019 - 2020)
2020-03-02 House Journal
Full Journal pdf2020-03-02 House Journal Page 1747 HB 205 The following memorandum dated March 2 was received from Representative Foster, Co-chair, House Finance Committee, regarding correction to: CS FOR HOUSE BILL NO. 205(FIN) "An Act making appropriations for the operating and loan program expenses of state government and for certain programs; capitalizing funds; making supplemental appropriations; making appropriations under art. IX, sec. 17(c), Constitution of the State of Alaska, from the constitutional budget reserve fund; and providing for an effective date." "Version E of the CSHB 205(FIN) — the operating budget that will be considered on the floor of House today — contains a technical error in Section 18 DEBT AND OTHER OBLIGATIONS. The current version of HB 205 does not reflect the actions taken by the House Finance Committee. The following Governor's Amendment was voted and approved by the House Finance Committee: Amend *Sec. 24 DEBT AND OTHER OBLIGATIONS. By adding a new subsection as follows: (New)(o) The amount necessary for a payment of debt service and associated costs for outstanding oil and gas tax credit bonds issued by the Alaska Tax Credit Certification Bond Corporation (AS 37.18.010), estimated to be $55,000,000, is appropriated from the general fund for that purpose. 2020-03-02 House Journal Page 1748 I recommend that the following corrective action be taken: 1) I have requested that Legislative Finance and Legislative Legal draft a new Committee Substitute version that incorporates the above stated amendment into the new version." CSHB 205(FIN)(Corrected) was reprinted today. HB 205 is on today's calendar.