Legislature(2023 - 2024)SENATE FINANCE 532
05/12/2024 02:00 PM Senate FINANCE
Note: the audio ![]()
and video ![]()
recordings are distinct records and are obtained from different sources. As such there may be key differences between the two. The audio recordings are captured by our records offices as the official record of the meeting and will have more accurate timestamps. Use the icons to switch between them.
| Audio | Topic |
|---|---|
| Start | |
| HB50 | |
| HB66 | |
| HB122 | |
| SB217 | |
| HB347 | |
| HB148 | |
| HB129 | |
| HB111 | |
| Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
| + | TELECONFERENCED | ||
| += | HB 66 | TELECONFERENCED | |
| += | HB 50 | TELECONFERENCED | |
| += | SB 217 | TELECONFERENCED | |
| += | HB 122 | TELECONFERENCED | |
| += | HB 148 | TELECONFERENCED | |
| += | HB 111 | TELECONFERENCED | |
| += | HB 347 | TELECONFERENCED | |
| += | HB 129 | TELECONFERENCED | |
| += | HB 202 | TELECONFERENCED | |
CS FOR HOUSE BILL NO. 122(FIN) am
"An Act authorizing the Alaska Railroad Corporation to
issue revenue bonds to finance the replacement of the
Alaska Railroad Corporation's passenger dock and
related terminal facility in Seward, Alaska;
authorizing the Alaska Railroad Corporation to issue
revenue bonds to finance the completion of the Port
MacKenzie Rail Extension in Point MacKenzie, Alaska;
and providing for an effective date."
2:49:28 PM
Senator Merrick MOVED to ADOPT the committee substitute for
CSHB 122(FIN)am, Work Draft 33-LS0623\R (Walsh, 5/11/24).
Co-Chair Olson OBJECTED for the purpose of discussion.
KEN ALPER, STAFF, SENATOR DONNY OLSON, spoke to the
document, Summary of Changes, version U.A to R, May
11, 2024 (copy on file):
Change 1 Removes the section authorizing the Railroad
to issue $58 million in revenue bonds for the Port
MacKenzie Rail Extension.
2:49:50 PM
Senator Wilson opposed the change in the bill but believed
that there was still time to procure funding for the
project despite the removal of the revenue bond
authorization.
2:50:48 PM
Co-Chair Stedman thought that there were possible rail
extensions proposed for several areas of the state. He
hoped that the Alaksa Railroad would come before the
committee to provide guidance on the prioritization of the
various proposed projects to maximize appropriations. He
supported rail extension projects.
Co-Chair Olson removed his OBJECTION.
2:52:36 PM
Senator Merrick MOVED to REPORT SCS for HB 122(FIN) 33-
LS623\R OUT OF COMMITTEE with individual recommendations
and attached fiscal notes.
SCS CSHB 122(FIN) was REPORTED out of committee with five
"no recommendations" and two "do pass" recommendations; and
two previously published fiscal notes: FN 1(CED) and FN 2
(CED).