Legislature(2023 - 2024)SENATE FINANCE 532
02/27/2024 09:00 AM Senate FINANCE
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| Audio | Topic |
|---|---|
| Start | |
| SB105 | |
| SB125 | |
| SB205 | |
| Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
| + | SB 105 | TELECONFERENCED | |
| *+ | SB 205 | TELECONFERENCED | |
| + | TELECONFERENCED | ||
| += | SB 125 | TELECONFERENCED | |
SENATE BILL NO. 125
"An Act relating to subsidiary corporations of the
Alaska Housing Finance Corporation; and establishing
the Alaska energy independence fund."
10:07:27 AM
Senator Kiehl MOVED to ADOPT the committee substitute for
SB 125, Work Draft 33-GS1074/S (Walsh, 2/14/24)(copy on
file).
10:07:45 AM
Co-Chair Olson OBJECTED for discussion.
10:07:53 AM
KEN ALPER, STAFF, SENATE FINANCE COMMITTEE, discussed the
Summary of Changes (copy on file):
Change 1 Deleted what was Sec. 4 of the original
version of the bill. This section would have created a
new "energy independence fund" for the purpose of
financing certain projects. The remaining bill enables
AHFC to set up a subsidiary corporation to pursue
federal and other funding, finance projects, and
otherwise implement the goals of the bill. But without
the fund, there will no longer be the request for a
state general fund appropriation to capitalize the
fund.
Change 2 Adds an immediate effective date to create
the new AHFC subsidiary and make the other changes in
the bill. Additional Changes in Second Finance CS,
Version "B" to "S"
Change 3 On page 2, line 23, adds the words "or
delivering energy to the state." This allows AHFC to
support energy projects outside Alaska that will be
delivering energy to users in the state.
10:09:19 AM
Co-Chair Olson WITHDREW his objection. There being no
further objection it was so ordered.
10:09:59 AM
STACY BARNES, DIRECTOR OF GOVERNMENT RELATIONS AND PUBLIC
AFFAIRS, ALASKA HOUSING FINANCE CORPORATION, deferred to
Mr. Gialopsos.
AKIS GIALOPSOS, DEPUTY EXECUTIVE DIRECTOR, ALASKA HOUSING
FINANCE COROPRATION, related that the corporation was
supportive of the changes the committee had made to the
bill.
10:11:06 AM
AT EASE
10:11:55 AM
RECONVENED
SB 125 was HEARD and HELD in committee for further
consideration.