Legislature(1995 - 1996)

1996-05-06 Senate Journal

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1996-05-06                     Senate Journal                      Page 4092
HB 526                                                                       
Senator Miller, Acting Majority Leader, moved and asked unanimous              
consent that CS FOR HOUSE BILL NO. 526(FIN) am An Act                          
relating to the financing authority, programs, operations, and projects        
of the Alaska Industrial Development and Export Authority;                     
providing an exemption from the procurement code for certain                   
projects of the authority; and providing for an effective date be              
taken up.  Without objection, the bill was read the second time.               
                                                                               
Senator Rieger moved and asked unanimous consent for the adoption              
of the Finance Senate Committee Substitute offered on page 4049.               
Without objection, SENATE CS FOR CS FOR HOUSE BILL NO.                         
526(FIN) was adopted and read the second time.                                 
                                                                               
Senator Pearce called the Senate.  Senator Pearce lifted the call.             
                                                                               
Senator Torgerson offered Amendment No. 1:                                     
                                                                               
Page 8, after line 1:                                                          
	Insert  Sec. 18.  Section 2(a), ch. 27, SLA 1993 is amended                 
to read:                                                                       
	Sec. 2.  (a) The Alaska Industrial Development and Export                     
Authority may issue bonds to finance the acquisition, design, and              
construction of a port facility and related loading and conveyor               
equipment related to the development and operation of a bulk                 
commodity loading and shipping terminal.  The terminal may be                  
located anywhere within Cook Inlet.  The facility will be                    
[DIRECT REDUCTION IRON ORE PROCESSING FACILITY FOR                             
USE BY THE MIDREX CORPORATION, TO BE LOCATED AT                                
POINT MACKENZIE ANDß owned by the authority.  The principal                    
amount of the bonds may not exceed $50,000,000.                                
                                                                               
Senator Torgerson moved for the adoption of Amendment No. 1.                   
Without objection, Amendment No. 1 was adopted.                                
                                                                               
Senator Halford moved and asked unanimous consent that the bill be             
considered engrossed, advanced to third reading and placed on final            
passage.  Without objection, it was so ordered.                                
                                                                               
                                                                               

1996-05-06                     Senate Journal                      Page 4093
HB 526                                                                       
SENATE CS FOR CS FOR HOUSE BILL NO. 526(FIN) am S was                          
read the third time.                                                           
                                                                               
The question being: Shall SENATE CS FOR CS FOR HOUSE                           
BILL NO. 526(FIN) am S An Act relating to the financing                        
authority, programs, operations, and projects of the Alaska Industrial         
Development and Export Authority; providing an exemption from the              
procurement code for certain projects of the authority; and providing          
for an effective date pass the Senate?  The roll was taken with the            
following result:                                                              
                                                                               
SCS CSHB 526(FIN) am S                                                         
Third Reading - Final Passage                                                  
Effective Date                                                                 
                                                                               
YEAS:  20   NAYS:  0   EXCUSED:  0   ABSENT:  0                              
                                                                               
Yeas:  Adams, Donley, Duncan, Ellis, Frank, Green, Halford,                    
Hoffman, Kelly, Leman, Lincoln, Miller, Pearce, R.Phillips, Rieger,            
Salo, Sharp, Taylor, Torgerson, Zharoff                                        
                                                                               
and so, SENATE CS FOR CS FOR HOUSE BILL NO. 526(FIN) am                        
S passed the Senate.                                                           
                                                                               
Senator Halford moved and asked unanimous consent that the vote                
on the passage of the bill be considered the vote on the effective             
date clause.  Without objection, it was so ordered and the bill was            
referred to the Secretary for engrossment.