Alaska 30th Legislature (2017-2018) Status: Enacted

HB 119 — An Act relating to a mandatory exemption from municipal property taxes for certain assets of the Alaska Industrial Development and Export Authority; relating to dividends from the Alaska Industrial Development and Export Authority; relating to the meanings of 'mark-to-market fair value,' 'net income,' 'project or development,' and 'unrestricted net income' for purposes of the Alaska Industrial Development and Export Authority; extending the expiration date of the authorization to finance and issue bonds through the Alaska Industrial Development and Export Authority for a liquefied natural gas production system and natural gas distribution system for an Interior energy project; relating to land of the Alaska Railroad Corporation; relating to the sale of Alaska Railroad Corporation land; relating to the financing and bonding authority of the Alaska Railroad Corporation; authorizing the exchange of land between the Alaska Railroad Corporation and Eklutna, Inc.; authorizing the transfer of land from the Alaska Railroad Corporation to the Municipality of Anchorage; authorizing the transfer of land from the Alaska Railroad Corporation to Usibelli Coal Mine, Inc.; authorizing the transfer of land in the Chena Landings Subdivision from the Alaska Railroad Corporation; authorizing the transfer of land from the Alaska Railroad Corporation to Alaska Tourism Development, LLC; authorizing the transfer of land from the Alaska Railroad Corporation to NeighborWorks Alaska; authorizing the transfer of land from the Alaska Railroad Corporation to 1048 Whitney Road, Anchorage, LLC; authorizing the transfer of land from the Alaska Railroad Corporation to 660 Western Drive, Anchorage, LLC; and providing for an effective date.

Last action — EFFECTIVE DATE(S) OF LAW SEE CHAPTER

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed House
  4. ✓
    Passed Senate
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced February 13, 2017. Enacted.

Odds of enactment

High chance

Based on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.

Upgrade to see the exact probability and what's driving it.

A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Likely to advance 70% · moderate confidence

  • Enacted

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Cleared a recorded vote

    Passed 2 recorded votes so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Bill Text

What changed in the latest version

8 added · 8 removed

Plain-language change summary

The updated version of HB 119 has added provisions that allow the Alaska Railroad Corporation to transfer ownership of specific parcels of land to various entities, including Eklutna, Inc., the Municipality of Anchorage, and Usibelli Coal Mine, Inc. This change is significant because it facilitates further development and economic activity in Alaska by enabling the state to exchange land and potentially receive cash equivalent to the fair market value. Additionally, it extends the time frame for the Alaska Industrial Development and Export Authority to issue bonds for energy projects, thereby supporting infrastructure improvements.

→
Previous
Latest
Alaska State Legislature The Alaska State Legislature menu Home Senate Current Members Past Members By Session Alphabetical House Current Members Past Members By Session Alphabetical Bills & Laws Bills All Introduced Actions by Date Awaiting Actions Bills sent to Conf Committee Bills in Committee Governor's Vetoes Passed Legislation Prefile Bill Summary Requestor Summary Statistics Sponsor Summary Subject Summary Laws Constitution Constitutional Convention Files Statutes Executive Orders - Current Executive Orders - Historical Administrative Code Journals Session Laws & Resolves Session Laws & Resolves 2017 Session Laws & Resolves 2018 - Previous Year Session Law - Previous Year Legislative Resolves Tools Statute Information Retrieval System Bill Tracking Management Facility Past Legislatures (Archives) Committees Hearing Schedule Standing Committees Finance Committees Special Committees Joint Committees Conference Committees Other Committees Minutes Publications Get Started Information Offices Legislative Affairs Legislative Agencies Links Legislative Branch Executive Branch Judicial Branch Alaska Delegation Home Bill & Laws Bills SCS CSHB 119(FIN) am S Detail FullText txt SCS CSHB 119(FIN) am S:
Alaska State Legislature The Alaska State Legislature menu Home Senate Current Members Past Members By Session Alphabetical House Current Members Past Members By Session Alphabetical Bills & Laws Bills All Introduced Actions by Date Awaiting Actions Bills sent to Conf Committee Bills in Committee Governor's Vetoes Passed Legislation Prefile Bill Summary Requestor Summary Statistics Sponsor Summary Subject Summary Laws Constitution Constitutional Convention Files Statutes Executive Orders - Current Executive Orders - Historical Administrative Code Journals Session Laws & Resolves Session Laws & Resolves 2017 Session Laws & Resolves 2018 - Previous Year Session Law - Previous Year Legislative Resolves Tools Statute Information Retrieval System Bill Tracking Management Facility Past Legislatures (Archives) Committees Hearing Schedule Standing Committees Finance Committees Special Committees Joint Committees Conference Committees Other Committees Minutes Publications Get Started Information Offices Legislative Affairs Legislative Agencies Links Legislative Branch Executive Branch Judicial Branch Alaska Delegation Home Bill & Laws Bills Enrolled HB 119 Detail FullText txt Enrolled HB 119:
"An Act relating to a mandatory exemption from municipal property taxes for certain assets of the Alaska Industrial Development and Export Authority;
Relating to a mandatory exemption from municipal property taxes for certain assets of the Alaska Industrial Development and Export Authority;
and providing for an effective date." SENATE CS FOR CS FOR HOUSE BILL NO.
and providing for an effective date.
119(FIN) am S 01 "An Act relating to a mandatory exemption from municipal property taxes for certain 02 assets of the Alaska Industrial Development and Export Authority;
00Enrolled HB 119 01 Relating to a mandatory exemption from municipal property taxes for certain assets of the 02 Alaska Industrial Development and Export Authority;
relating to dividends 03 from the Alaska Industrial Development and Export Authority;
relating to dividends from the Alaska 03 Industrial Development and Export Authority;
relating to the meanings 04 of 'mark-to-market fair value,' 'net income,' 'project or development,' and 'unrestricted 05 net income' for purposes of the Alaska Industrial Development and Export Authority;
relating to the meanings of 'mark-to-market 04 fair value,' 'net income,' 'project or development,' and 'unrestricted net income' for purposes of 05 the Alaska Industrial Development and Export Authority;
06 extending the expiration date of the authorization to finance and issue bonds through 07 the Alaska Industrial Development and Export Authority for a liquefied natural gas 08 production system and natural gas distribution system for an Interior energy project;
extending the expiration date of the 06 authorization to finance and issue bonds through the Alaska Industrial Development and 07 Export Authority for a liquefied natural gas production system and natural gas distribution 08 system for an Interior energy project;
09 relating to land of the Alaska Railroad Corporation;
relating to land of the Alaska Railroad Corporation;
relating to the sale of Alaska 10 Railroad Corporation land;
09 relating to the sale of Alaska Railroad Corporation land;
relating to the financing and bonding authority of the 11 Alaska Railroad Corporation;
relating to the financing and bonding 10 authority of the Alaska Railroad Corporation;
authorizing the exchange of land between the Alaska 12 Railroad Corporation and Eklutna, Inc.;
authorizing the exchange of land between the 11 Alaska Railroad Corporation and Eklutna, Inc.;
authorizing the transfer 02 of land from the Alaska Railroad Corporation to Usibelli Coal Mine, Inc.;
authorizing the transfer of 02 land from the Alaska Railroad Corporation to Usibelli Coal Mine, Inc.;
authorizing 03 the transfer of land in the Chena Landings Subdivision from the Alaska Railroad 04 Corporation;
authorizing the 03 transfer of land in the Chena Landings Subdivision from the Alaska Railroad Corporation;
authorizing the transfer of land from the Alaska Railroad Corporation to 05 Alaska Tourism Development, LLC;
04 authorizing the transfer of land from the Alaska Railroad Corporation to Alaska Tourism 05 Development, LLC;
authorizing the transfer of land from the Alaska 06 Railroad Corporation to NeighborWorks Alaska;
authorizing the transfer of land from the Alaska Railroad Corporation to 06 NeighborWorks Alaska;
authorizing the transfer of land from 07 the Alaska Railroad Corporation to 1048 Whitney Road, Anchorage, LLC;
authorizing the transfer of land from the Alaska Railroad 07 Corporation to 1048 Whitney Road, Anchorage, LLC;
authorizing 08 the transfer of land from the Alaska Railroad Corporation to 660 Western Drive, 09 Anchorage, LLC;
authorizing the transfer of land from 08 the Alaska Railroad Corporation to 660 Western Drive, Anchorage, LLC;
and providing for an effective date." 10 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:
and providing for 09 an effective date.
11 * Section 1.
10 _______________ 11 * Section 1.
and 28 (4) notify by registered mail adjacent landowners of the proposed 29 action.
and 28 (4) notify, by registered mail, adjacent landowners of the proposed 29 action.
02 (f) The authorization to issue bonds this section grants expires on June 30, 03 2023 [JUNE 30, 2018], if the authority does not issue bonds before that date.
02 (f) The authorization to issue bonds this section grants expires on June 30, 03 2023 [2018], if the authority does not issue bonds before that date.
04 Expiration of the authorization to issue bonds does not affect bonds that the authority 05 issues under this section before July 1, 2023 [JULY 1, 2018].
Expiration of the 04 authorization to issue bonds does not affect bonds that the authority issues under this 05 section before July 1, 2023 [2018].
08 APPROVAL OF THE TRANSFER OF REAL PROPERTY TO THE USIBELLI 09 COAL MINE, INC.
08 APPROVAL OF THE TRANSFER OF REAL PROPERTY TO USIBELLI COAL 09 MINE, INC.
(a) The Alaska Railroad Corporation is authorized to convey the 10 corporation's interest in the surface estate of approximately 464.57 acres of rail land located in 11 the Alaska Railroad Healy Reserve, within Section 18, Township 12 South, Range 7 West, 12 Fairbanks Meridian, described as Blocks 1, 2, 3, 4, 5, and 6, and Tracts B, D, F, G, and H, 13 Tri-Valley Subdivision, recorded as Plat 78-9 in the Nenana Recording District, to Usibelli 14 Coal Mine, Inc.
(a) The Alaska Railroad Corporation is authorized to convey the corporation's 10 interest in the surface estate of approximately 464.57 acres of rail land located in the Alaska 11 Railroad Healy Reserve, within Section 18, Township 12 South, Range 7 West, Fairbanks 12 Meridian, described as Blocks 1, 2, 3, 4, 5, and 6, and Tracts B, D, F, G, and H, Tri-Valley 13 Subdivision, recorded as Plat 78-9 in the Nenana Recording District, to Usibelli Coal Mine, 14 Inc.
3 - 22 of this Act.
3 - 8 and 13 - 22 of this Act.
The Alaska Railroad 25 Corporation may satisfy the reporting requirement under this section by appearing in person 26 before the Resources Committees of the legislature and the Finance Committees of the 27 legislature.
The Alaska 25 Railroad Corporation may satisfy the reporting requirement under this section by appearing in 26 person before the Resources Committees of the legislature and the Finance Committees of the 27 legislature.
⬇ Download PDF
View plain text versions (5)

Action History

  1. EFFECTIVE DATE(S) OF LAW SEE CHAPTER

  2. Signed into law 7/20 CHAPTER 64 SLA 18

  3. 11:25 AM 7/17/18 Transmitted to Governor

  4. MANIFEST ERROR(S)

  5. EFFECTIVE DATE(S) SAME AS PASSAGE

  6. CONCUR AM OF (S) Y37 N3

  7. TITLE CHANGE: SCR 34

  8. CONCUR MESSAGE TAKEN UP

  9. CONCUR MESSAGE READ AND HELD

  10. VERSION: SCS CSHB 119(FIN) AM S

  11. TRANSMITTED TO (H) AS AMENDED

  12. EFFECTIVE DATE(S) SAME AS PASSAGE

  13. PASSED Y16 N3 E1

  14. AUTOMATICALLY IN THIRD READING

  15. FN7: (EED/FUND CAP)

  16. Fiscal Note 6: No fiscal impact (Education and Early Development)

  17. Fiscal Note 5: No fiscal impact (Commerce, Community & Economic Development)

  18. MOTION TO ADOPT NEW FISCAL NOTES UC

  19. AM NO 1 ADOPTED UC

  20. RETURN TO SECOND UC

  21. Read the third time SCS CSHB 119(FIN)

  22. ADVANCED TO THIRD READING 5/12 CALENDAR

  23. FIN SCS ADOPTED UC

  24. Read the second time

  25. RULES TO 1ST SUP CALENDAR 5/11/18

  26. FN4: (EED/FUND CAP)

  27. Fiscal Note 3: No fiscal impact (Education and Early Development)

  28. Fiscal Note 2: No fiscal impact (Commerce, Community & Economic Development)

  29. FIN No Recommendation: MACKINNON, MICCICHE

  30. FIN Do Pass: HOFFMAN, BISHOP, VON IMHOF, STEVENS, OLSON

  31. TITLE CHANGE: SCR 34

  32. FIN RPT SCS 5DP 2NR NEW TITLE

  33. Referred to Finance

  34. Read the first time - REFERRALS

  35. VERSION: CSHB 119(FIN)

  36. TRANSMITTED TO (S)

  37. EFFECTIVE DATE(S) SAME AS PASSAGE

  38. PASSED Y37 N3

  39. Read the third time CSHB 119(FIN)

  40. NOT TAKEN UP 5/8 - ON 5/9 CALENDAR

  41. ADVANCED TO THIRD READING 5/8 CALENDAR

  42. FIN CS ADOPTED UC

  43. Read the second time

  44. RULES TO CALENDAR 5/7/2018

  45. FN4: (EED/FUND CAP)

  46. Fiscal Note 3: No fiscal impact (Education and Early Development)

  47. Fiscal Note 2: No fiscal impact (Commerce, Community & Economic Development)

  48. FIN Amend: WILSON, KAWASAKI, TILTON, THOMPSON, SEATON

  49. FIN No Recommendation: GUTTENBERG

  50. FIN Do Pass: GARA, PRUITT, STUTES, ORTIZ, FOSTER

  51. FIN RPT CS(FIN) NT 5DP 1NR 5AM

  52. Fiscal Note 1: No fiscal impact (Commerce, Community & Economic Development)

  53. L&C No Recommendation: JOSEPHSON

  54. L&C Do Pass: SULLIVAN-LEONARD, STUTES, WOOL, BIRCH, KNOPP, KITO

  55. L&C RPT 6DP 1NR

  56. GOVERNOR'S TRANSMITTAL LETTER

  57. Fiscal Note 1: No fiscal impact (Commerce, Community & Economic Development)

  58. L&C, FIN

  59. Read the first time - REFERRALS

Sponsors

  • RULES BY REQUEST OF THE GOVERNOR · Primary

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 0 co-sponsors · 64 not signed on · 1 voted No

Sponsors (1)

  • RULES BY REQUEST OF THE GOVERNOR

Co-sponsors (0)

None.

Not signed on (64)

64 members have not signed on to this bill.

Show all 64 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Shall SENATE CS FOR CS FOR HOUSE BILL NO. 119(FIN) am S "An Act relating to a mandatory exemption from municipal property taxes for certain assets of the Alaska Industrial Development and Export Authority; relating to dividends from the Alaska Industrial Development and Export Authority; relating to the meanings of 'mark-to-market fair value,' 'net income,' 'project or development,' and 'unrestricted net income' for purposes of the Alaska Industrial Development and Export Authority; extending the expiration date of the authorization to finance and issue bonds through the Alaska Industrial Development and Export Authority for a liquefied natural gas production system and natural gas distribution system for an Interior energy project; relating to land of the Alaska Railroad Corporation; relating to the sale of Alaska Railroad Corporation land; relating to the financing and bonding authority of the Alaska Railroad Corporation; authorizing the exchange of land between the Alaska Railroad Corporation and Eklutna, Inc.; authorizing the transfer of land from the Alaska Railroad Corporation to the Municipality of Anchorage; authorizing the transfer of land 05-12-2018 Senate Journal 3122 from the Alaska Railroad Corporation to Usibelli Coal Mine, Inc.; authorizing the transfer of land in the Chena Landings Subdivision from the Alaska Railroad Corporation; authorizing the transfer of land from the Alaska Railroad Corporation to Alaska Tourism Development, LLC; authorizing the transfer of land from the Alaska Railroad Corporation to NeighborWorks Alaska; authorizing the transfer of land from the Alaska Railroad Corporation to 1048 Whitney Road, Anchorage, LLC; authorizing the transfer of land from the Alaska Railroad Corporation to 660 Western Drive, Anchorage, LLC; and providing for an effective date" pass the Senate?

Passed 16 Yea · 3 Nay · 1 Other
Party YeaNayPresentNot Voting
Unaffiliated 10300
R 3001
D 3000
Total 16301
% of votes cast 80%15%0%5%
How each member voted (20)
Member Party Vote
Begich — Yea
Bishop — Yea
Coghill — Yea
Egan — Yea
Gardner — Yea
Hughes — Nay
Kelly — Yea
MacKinnon — Yea
Meyer — Yea
Micciche — Yea
Shower — Nay
Wilson — Nay
von Imhof — Yea
Bill Wielechowski D Yea
Donald Olson D Yea
Lyman Hoffman D Yea
Bert Stedman R Not Voting
Cathy Giessel R Yea
Gary Stevens R Yea
Mia Costello R Yea

Official roll call →

Shall CSHB 119(FIN) pass the House?

Passed 37 Yea · 3 Nay
Party YeaNayPresentNot Voting
Unaffiliated 27200
D 4000
N 1000
R 5100
Total 37300
% of votes cast 93%8%0%0%
How each member voted (40)
Member Party Vote
Birch — Yea
Chenault — Yea
Drummond — Yea
Eastman — Nay
Gara — Yea
Grenn — Yea
Guttenberg — Yea
Johnston — Yea
Kito — Yea
Knopp — Yea
Kreiss-Tomkins — Yea
LeDoux — Yea
Lincoln — Yea
Millett — Yea
Neuman — Yea
Ortiz — Yea
Parish — Yea
Pruitt — Yea
Reinbold — Yea
Seaton — Yea
Spohnholz — Yea
Sullivan-Leonard — Yea
Talerico — Yea
Tarr — Yea
Thompson — Yea
Tuck — Yea
Wool — Yea
Zulkosky — Yea
Wilson — Nay
Andy Josephson D Yea
Matt Claman D Yea
Neal Foster D Yea
Scott Kawasaki D Yea
Bryce Edgmon N Yea
Cathy Tilton R Nay
Chuck Kopp R Yea
Dan Saddler R Yea
DeLena Johnson R Yea
George Rauscher R Yea
Louise Stutes R Yea

Official roll call →

Subjects

taxation finance transportation energy
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors HB 119?
HB 119 is sponsored by RULES BY REQUEST OF THE GOVERNOR.
What is the current status of HB 119?
This bill has been enacted into law. Introduced February 13, 2017. Enacted.
Where can I track HB 119?
Track HB 119 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on HB 119

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of HB 119

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →