| Old | New | Differences | |
|---|---|---|---|
| 1 | - | Enrolled HB 122 | |
| 2 | - | LAWS OF ALASKA | |
| 3 | 1 | ||
| 4 | - | 2024 | |
| 2 | + | HB0122E -1- SCS CSHB 122(FIN) | |
| 3 | + | New Text Underlined [DELETED TEXT BRACKETED] | |
| 5 | 4 | ||
| 6 | - | ||
| 7 | - | ||
| 8 | - | Source Chapter No. | |
| 9 | - | SCS CSHB 122(FIN) _______ | |
| 5 | + | 33-LS0623\R | |
| 10 | 6 | ||
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| 13 | 9 | ||
| 14 | - | ||
| 10 | + | SENATE CS FOR CS FOR HOUSE BILL NO. 122(FIN) | |
| 15 | 11 | ||
| 16 | - | Authorizing the Alaska Railroad Corporation to issue revenue bonds to finance the | |
| 17 | - | replacement of the Alaska Railroad Corporation's passenger dock and related terminal facility | |
| 18 | - | in Seward, Alaska; and providing for an effective date. | |
| 12 | + | IN THE LEGISLATURE OF THE STATE OF ALASKA | |
| 19 | 13 | ||
| 14 | + | THIRTY-THIRD LEGISLATURE - SECOND SESSION | |
| 20 | 15 | ||
| 21 | - | ||
| 16 | + | BY THE SENATE FINANCE COMMITTEE | |
| 22 | 17 | ||
| 18 | + | Offered: 5/13/24 | |
| 19 | + | Referred: Rules | |
| 23 | 20 | ||
| 24 | - | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: | |
| 21 | + | Sponsor(s): REPRESENTATIVES TOMASZEWSKI, McCabe, DeLena Johnson, Craig Johnson, Cronk, | |
| 22 | + | Wright, Allard, Carpenter, Stapp, Stutes, Rauscher | |
| 23 | + | A BILL | |
| 25 | 24 | ||
| 25 | + | FOR AN ACT ENTITLED | |
| 26 | 26 | ||
| 27 | - | ||
| 28 | - | THE ACT FOLLOWS ON PAGE 1 | |
| 29 | - | -1- Enrolled HB 122 | |
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| 50 | - | AN ACT | |
| 51 | - | ||
| 52 | - | ||
| 53 | - | Authorizing the Alaska Railroad Corporation to issue revenue bonds to finance the 1 | |
| 54 | - | replacement of the Alaska Railroad Corporation's passenger dock and related terminal facility 2 | |
| 55 | - | in Seward, Alaska; and providing for an effective date. 3 | |
| 56 | - | _______________ 4 | |
| 27 | + | "An Act authorizing the Alaska Railroad Corporation to issue revenue bonds to finance 1 | |
| 28 | + | the replacement of the Alaska Railroad Corporation's passenger dock and related 2 | |
| 29 | + | terminal facility in Seward, Alaska; and providing for an effective date." 3 | |
| 30 | + | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 4 | |
| 57 | 31 | * Section 1. The uncodified law of the State of Alaska enacted in sec. 4(a), ch. 30, SLA 5 | |
| 58 | 32 | 2022, is amended to read: 6 | |
| 59 | 33 | (a) The Alaska Railroad Corporation is authorized to issue revenue bonds 7 | |
| 60 | 34 | under AS 42.40.250 to finance the replacement of the Alaska Railroad Corporation's 8 | |
| 61 | 35 | passenger dock and related terminal facility in Seward, Alaska, and associated costs, 9 | |
| 62 | 36 | including, without limitation, reserves for debt service and capitalized interest, if 10 | |
| 63 | 37 | necessary or appropriate, and costs of issuance. The replacement dock and terminal | |
| 64 | 38 | 11 | |
| 65 | 39 | facility must accommodate Alaska marine highway system vessels with side 12 | |
| 66 | 40 | loading doors. The maximum principal amount of bonds that the Alaska Railroad 13 | |
| 67 | - | Corporation may issue under this section is $135,000,000 [$60,000,000]. The Alaska 14 | |
| 68 | - | Enrolled HB 122 -2- | |
| 41 | + | Corporation may issue under this section is $135,000,000 [$60,000,000]. The Alaska 14 33-LS0623\R | |
| 42 | + | SCS CSHB 122(FIN) -2- HB0122E | |
| 43 | + | New Text Underlined [DELETED TEXT BRACKETED] | |
| 44 | + | ||
| 69 | 45 | Railroad Corporation may issue the bonds in a single issuance or in several issuances, 1 | |
| 70 | 46 | without limitation as to number of issuances or timing, and as the Alaska Railroad 2 | |
| 71 | 47 | Corporation determines best furthers the purpose of financing the replacement of the 3 | |
| 72 | 48 | Alaska Railroad Corporation's passenger dock and related terminal facility in Seward, 4 | |
| 73 | 49 | Alaska, and associated costs. The bonds shall be repaid from dock revenue or other 5 | |
| 74 | 50 | funds available to the Alaska Railroad Corporation. The general credit of the Alaska 6 | |
| 75 | 51 | Railroad Corporation and the state may not be pledged for the repayment of the bonds. 7 | |
| 76 | 52 | * Sec. 2. This Act takes effect immediately under AS 01.10.070(c). 8 |