Legislature(2021 - 2022)
2021-02-05 Senate Journal
Full Journal pdf2021-02-05 Senate Journal Page 0159 SB 74 SENATE BILL NO. 74 BY THE SENATE RULES COMMITTEE BY REQUEST OF THE GOVERNOR, entitled: "An Act providing for and relating to the issuance of general obligation bonds for the purpose of paying the cost of state infrastructure projects, including construction, communications, major maintenance, public safety, and transportation projects; and providing for an effective date." was read the first time and referred to the Transportation and Finance Committees. The following fiscal information was published today: Fiscal Note No. 1, Office of the Governor Fiscal Note No. 2, Department of Revenue Governor's transmittal letter dated February 4: Dear President Micciche: Under the authority of Article III, Section 18, of the Alaska Constitution, I am transmitting a bill relating to voter approval of general obligation bonds in the amount of $356,405,952 for the purpose of funding capital improvement projects. These infrastructure projects include critical airport, highway, road, and bridge improvements; school major maintenance; upgrades and repairs of state facilities, and communication systems. This bill proposes to put the question of issuing these general obligation bonds before qualified voters at a statewide special election to be held 90 to 120 days after adjournment of the First Regular Session of the Thirty-Second Alaska State Legislature. If ratified, these projects will benefit Alaskans statewide by stimulating our economy, stabilizing our construction industry, and improving transportation, education, and other critical facilities throughout the State. 2021-02-05 Senate Journal Page 0160 I urge your prompt and favorable action on this measure. Sincerely, /s/ Mike Dunleavy Governor