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."                                                                                            
                                                                                                                                
                                                                                                                                
Senator Donley explained the work draft "S" dated 5/3/99.                                                                       
He referred briefly to page 2, lines 7 and 8.  He made a                                                                        
technical correction on page 2, line 4 to delete "retail".                                                                      
                                                                                                                                
He MOVED CSSSSB10() "S" with the deletion on page 2, line 4                                                                     
"retail".  WITHOUT OBJECTION it was ADOPTED as the working                                                                      
draft with the deletion on page 2, line 4, "retail".                                                                            
                                                                                                                                
Senator Green said, however, she would not be supporting                                                                        
this piece of legislation.  She indicated that it was not                                                                       
up to this body to tell the City of Anchorage how to handle                                                                     
their city matters.  Senator Adams said he was supporting                                                                       
the bill because it was only limited to Anchorage.                                                                              
                                                                                                                                
Senator Kelly asked if there were any benefits to being on                                                                      
the Anchorage assembly.                                                                                                         
                                                                                                                                
Senator Green reminded Senator Adams that they were only                                                                        
one word away from being included in legislation.  Senator                                                                      
Adams responded.  It included numbers.                                                                                          
                                                                                                                                
Co-chair Torgerson said he was reluctant to change the                                                                          
fiscal note without the Public Utilities Commission seeing                                                                      
the bill.                                                                                                                       
                                                                                                                                
Senator Donley offered further brief comments.                                                                                  
                                                                                                                                
Co-chair Torgerson HELD the bill in committee pending the                                                                       
Public Utilities Commission seeing the bill and checking                                                                        
their fiscal note.                                                                                                              
                                                                                                                                
Co-chair Torgerson called SCR 8.