12:51:26 PM                                                                                                                   
                                                                                                                                
                                                                                                                                
     CS FOR SENATE BILL NO. 232(FIN)                                                                                            
     "An Act making  appropriations, supplemental appropriations,                                                               
     and  capital  appropriations;  amending  appropriations  and                                                               
     funding sources; making  appropriations to capitalize funds;                                                               
     and providing for an effective date."                                                                                      
                                                                                                                                
     HOUSE CS FOR CS FOR SENATE BILL NO. 232(FIN) am H                                                                          
     "An Act making  appropriations, supplemental appropriations,                                                               
     and  capital  appropriations;  amending  appropriations  and                                                               
     funding sources; making  appropriations to capitalize funds;                                                               
     and providing for an effective date."                                                                                      
                                                                                                                                
                                                                                                                                
This was the third hearing for the Conference Committee.                                                                        
                                                                                                                                
12:51:42 PM                                                                                                                   
                                                                                                                                
Co-Chair Wilken announced that the  Conference Committee had been                                                               
granted limited  powers by  the President of  the Senate  and the                                                               
Speaker of the House.                                                                                                           
                                                                                                                                
12:51:53 PM                                                                                                                   
                                                                                                                                
Representative Chenault  offered a motion to  accept the language                                                               
of Section  5 in  HCS CS  SB 232  (FIN) am  H, less  $70,000. The                                                               
amended language reads as follows.                                                                                              
                                                                                                                                
          Section 5. ARCTIC WINTER GAMES GRANT. The sum of                                                                      
     $430,000  is  appropriated  from  the general  fund  to  the                                                               
     Department of  Commerce, Community and  Economic Development                                                               
     for payment  as a  capital grant under  AS 37.05.316  to the                                                               
     2006 Arctic Winter Games Hose  Society for costs of the 2006                                                               
     Arctic Winter Games                                                                                                        
                                                                                                                                
12:52:15 PM                                                                                                                   
                                                                                                                                
There was no objection and the language was ADOPTED.                                                                            
                                                                                                                                
12:52:20 PM                                                                                                                   
                                                                                                                                
Representative Chenault  offered a motion to  accept the language                                                               
of  subsection   (e)  of  Section  6,   Department  of  Commerce,                                                               
Community and Economic Development, of HCS  CS SB 232 (FIN) am H,                                                               
less $250,000. The amended language reads as follows.                                                                           
                                                                                                                                
          (e) The sum of $250,000 is appropriated from the                                                                      
     general fund  to the Department  of Commerce,  Community and                                                               
     Economic  Development,  community  advocacy,  for  emergency                                                               
     bulk fuel  loans to small  communities, for the  fiscal year                                                               
     ending June 30, 2006.                                                                                                      
                                                                                                                                
12:52:39 PM                                                                                                                   
                                                                                                                                
Without objection the language was ADOPTED.                                                                                     
                                                                                                                                
12:52:46 PM                                                                                                                   
                                                                                                                                
Representative Chenault offered a motion to adopt the language                                                                  
of Section 15 of HCS CS SB 232 (FIN) am H. The language reads as                                                                
follows.                                                                                                                        
                                                                                                                                
          Section 15. POWER COST EQUALIZATION. (a) the sum of                                                                   
     $3,320,000  is appropriated  from  the general  fund to  the                                                               
     power  cost equalization  and rural  electric capitalization                                                               
     fund (AS 42.45.100).                                                                                                       
          (b) The sum of $3,320,000 is appropriated from the                                                                    
     power  cost equalization  and rural  electric capitalization                                                               
     fund  (AS   42.45.100)  to   the  Department   of  Commerce,                                                               
     Community and Economic  Development, Alaska Energy Authority                                                               
     power cost  equalization, for partial payment  of Power Cost                                                               
     Equalization under  AS 42.45.110 for the  fiscal year ending                                                               
     June 30, 2006.                                                                                                             
                                                                                                                                
12:52:54 PM                                                                                                                   
                                                                                                                                
There was no objection and the language was ADOPTED.                                                                            
                                                                                                                                
12:52:59 PM                                                                                                                   
                                                                                                                                
Representative Chenault offered a motion to report SB 232, as                                                                   
amended, from Committee with individual recommendations.                                                                        
                                                                                                                                
Co-Chair Wilken objected to verify with Division of Legislative                                                                 
Finance that the items were in order. Upon receiving this                                                                       
assurance he removed his objection.                                                                                             
                                                                                                                                
12:53:27 PM                                                                                                                   
                                                                                                                                
There was no objection and CC SB 232 was MOVED from Committee.                                                                  
                                                                                                                                
This concluded the business of the Limited Free Conference                                                                      
Committee for SB 232.