05/10/1999 07:03 PM Senate FIN

                                                                                                                                
 SENATE BILL NO. 10                                                                                                             
                                                                                                                                
"An Act relating to an optional exemption from                                                                                  
municipal property taxes for recreational facilities."                                                                          
                                                                                                                                
                                                                                                                                
SPONSOR SUBSTITUTE FOR SENATE BILL NO. 10                                                                                       
                                                                                                                                
"An Act requiring a utility that provides services in                                                                           
a municipality with a population of more than 100,000                                                                           
to have an ongoing program of placing existing                                                                                  
overhead utility lines underground; and relating to                                                                             
rates for recovering the cost of placing existing                                                                               
overhead utility lines underground."                                                                                            
                                                                                                                                
                                                                                                                                
CS FOR SPONSOR SUBSTITUTE FOR SENATE BILL NO. 10(L&C)                                                                           
                                                                                                                                
"An Act requiring a utility that provides services in                                                                           
a municipality with a population of more than 100,000                                                                           
to have an ongoing program of placing existing                                                                                  
overhead utility distribution lines underground; and                                                                            
relating to rates for recovering the cost of placing                                                                            
existing overhead utility distribution lines                                                                                    
underground."                                                                                                                   
                                                                                                                                
                                                                                                                                
Senator Donley MOVED CSSSSB 10(FIN) and WITHOUT OBJECTION                                                                       
it was REPORTED OUT with individual recommendations and                                                                         
accompanying fiscal notes AK Public Utilities zero.                                                                             
                                                                                                                                
Co-chair Torgerson called SB 155.  Senator Donley made                                                                          
brief introductory comments.