SENATE TRANSPORTATION                                     
                         April 6, 1995                                         
                           1:35 p.m.                                           
                                                                               
  MEMBERS PRESENT                                                              
                                                                               
 Senator Steve Rieger, Chairman                                                
 Senator Robin Taylor, Vice Chair                                              
 Senator Lyda Green                                                            
 Senator Al Adams                                                              
                                                                               
  MEMBERS ABSENT                                                               
                                                                               
 Senator Georgianna Lincoln                                                    
                                                                               
 COMMITTEE CALENDAR                                                            
                                                                               
 SENATE BILL NO. 64                                                            
 "An Act relating to the dissolution of the Alaska Railroad                    
 Corporation and providing for a successor corporation; and                    
 providing for an effective date."                                             
                                                                               
  PREVIOUS SENATE ACTION                                                       
                                                                               
 SB 64 - See Senate Transportation minutes dated 2/9/95, 3/23/95 and           
         3/28/95.                                                              
                                                                               
  WITNESS REGISTER                                                             
                                                                               
  ACTION NARRATIVE                                                             
                                                                               
 TAPE 95-8, SIDE A                                                             
                                                                               
                                                                               
         SB  64 CONVERT AK RR TO PRIVATE CORPORATION                         
                                                                               
                                                                               
 CHAIRMAN RIEGER called the Senate Transportation meeting to order             
 at 1:35 p.m. and introduced  SB 64  as the only order of business             
 before the committee.  Chairman Rieger said that he would entertain           
 a motion to move the bill out of committee.                                   
                                                                               
 SENATOR ADAMS was under the impression that the committee would be            
 reviewing the version K CS with the two changes on page 2, line 6.            
 Senator Adams was corrected and recognized that version M was the             
 newest CS.                                                                    
                                                                               
 CHAIRMAN RIEGER clarified that he believed that version M had been            
 adopted and was the version before the committee.                             
                                                                               
 SENATOR TAYLOR moved that CS SB 64 (TRA), Utermohle version M                 
 3/23/95, be moved from committee with individual recommendations.             
                                                                               
 SENATOR ADAMS objected.  He wished that the committee would review            
 his version of SB 64 which would achieve the sale of the railroad.            
                                                                               
 SENATOR TAYLOR interjected that the Adams' version was similar to             
 legislation he had sponsored a couple of years ago.  He said that             
 he shared Senator Adams' philosophy.                                          
                                                                               
 CHAIRMAN RIEGER asked if there was any further objection to moving            
 the legislation.  Hearing no objection, it was so ordered.                    
                                                                               
 There being no further business before the committee, the meeting             
 adjourned at 1:36 p.m.