SENATE BILL NO. 175 "An Act relating to revenue bonds issued by the Alaska Industrial Development and Export Authority for interties between Healy and Fairbanks and between Anchorage and the Kenai Peninsula; and providing for an effective date." Co-chair Sharp introduced SB 175. Marilyn Wilson, staff to Senator Sharp was invited to join the committee and read the sponsor statement into the record. Randy Simmons, Executive Director, AIDEA, Department of Commerce and Economic Development testified via teleconference from Anchorage. He said AIDEA supported the bill. Tom Stahr, general manager, municipal light and power, Anchorage; Norm Story, Homer Electric, Homer; and Don Edwards, general counsel for Chugach Electric testified via teleconference from Anchorage. All three voiced their support for the bill. Senator Pearce moved SB 175 with individual recommendations and zero fiscal note. Without objection, Co-chair Sharp reported out SB 175 with individual recommendations and zero fiscal note from Department of Commerce and Economic Development.