Alaska 33rd Legislature (2023-2024) Status: To Executive 8 R cosponsors

HB 122 — An Act authorizing the Alaska Railroad Corporation to issue revenue bonds to finance the replacement of the Alaska Railroad Corporation's passenger dock and related terminal facility in Seward, Alaska; and providing for an effective date.

Last action — (H) VETOED BY GOVERNOR 7/30/24

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

This bill died with 33rd Legislature (2023-2024). It reached “To Executive” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

Vetoed by Governor Mike Dunleavy (Republican) on October 09, 2024.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

Bill Text

What changed in the latest version

31 added · 30 removed

Plain-language change summary

The recent amendments to Bill HB 122 increase the maximum amount of revenue bonds the Alaska Railroad Corporation can issue to finance the construction of a new passenger dock and terminal facility in Seward from $60 million to $135 million. This change is significant because it provides more financial resources for the project, which aims to better accommodate Alaska marine highway system vessels. By allowing the corporation flexibility in how and when to issue these bonds, it enhances their ability to manage funding effectively and ensure the timely replacement of the aging facility.

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33-LS0623\A HOUSE BILL NO.
LAWS OF ALASKA Source Chapter No.
122 IN THE LEGISLATURE OF THE STATE OF ALASKA THIRTY-THIRD LEGISLATURE - SECOND SESSION BY REPRESENTATIVES TOMASZEWSKI, McCabe, D.Johnson, C.Johnson, Cronk, Wright, Allard, Carpenter, Stapp, Stutes, Rauscher Introduced:
SCS CSHB 122(FIN) _______ AN ACT Authorizing the Alaska Railroad Corporation to issue revenue bonds to finance the replacement of the Alaska Railroad Corporation's passenger dock and related terminal facility in Seward, Alaska;
3/17/23 Referred:
and providing for an effective date.
Transportation, Finance A BILL FOR AN ACT ENTITLED "An Act authorizing the Alaska Railroad Corporation to issue revenue bonds to finance the replacement of the Alaska Railroad Corporation's passenger dock and related terminal facility in Seward, Alaska;
_______________ BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:
and providing for an effective date." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:
THE ACT FOLLOWS ON PAGE 1 Enrolled HB 122 AN ACT Authorizing the Alaska Railroad Corporation to issue revenue bonds to finance the replacement of the Alaska Railroad Corporation's passenger dock and related terminal facility in Seward, Alaska;
* Section 1.
and providing for an effective date.
_______________ * Section 1.
The maximum principal amount of bonds that the Alaska Railroad Corporation may issue under this section is $150,000,000 [$60,000,000].
The replacement dock and terminal facility must accommodate Alaska marine highway system vessels with side loading doors.
The Alaska Railroad Corporation may issue the bonds in a single issuance or in several issuances, without limitation as to number of issuances HB0122a -1- HB 122 New Text Underlined [DELETED TEXT BRACKETED] 33-LS0623\A or timing, and as the Alaska Railroad Corporation determines best furthers the purpose of financing the replacement of the Alaska Railroad Corporation's passenger dock and related terminal facility in Seward, Alaska, and associated costs.
The maximum principal amount of bonds that the Alaska Railroad Corporation may issue under this section is $135,000,000 [$60,000,000].
The Alaska -1- Enrolled HB 122 Railroad Corporation may issue the bonds in a single issuance or in several issuances, without limitation as to number of issuances or timing, and as the Alaska Railroad Corporation determines best furthers the purpose of financing the replacement of the Alaska Railroad Corporation's passenger dock and related terminal facility in Seward, Alaska, and associated costs.
HB 122 -2- HB0122a New Text Underlined [DELETED TEXT BRACKETED]
Enrolled HB 122 -2-
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Action History

  1. (H) VETOED BY GOVERNOR 7/30/24

  2. (H) 9:00 A.M. 7/16/24 Transmitted to Governor

  3. (H) EFFECTIVE DATE(S) ADOPTED Y36 N4

  4. (H) CONCURRED AM OF (S) Y34 N6

  5. (H) TITLE CHANGE: SCR 25

  6. (H) CONCUR TAKEN UP Y38 N2

  7. (S) VERSION: SCS CSHB 122(FIN)

  8. (S) TRANSMITTED TO (H) AS AMENDED

  9. (S) EFFECTIVE DATE(S) SAME AS PASSAGE

  10. (S) PASSED Y18 N2

  11. (S) READ THE THIRD TIME SCS CSHB 122(FIN)

  12. (S) ADVANCED TO THIRD READING UC

  13. (S) AM NO 1 FAILED Y10 N10

  14. (S) FIN SCS ADOPTED UC

  15. (S) READ THE SECOND TIME

  16. (S) RULES TO FIRST SUP CALENDAR 5/15/2024

  17. (S) FN2: ZERO(CED)

  18. (S) FN1: ZERO(CED)

  19. (S) NR: STEDMAN, OLSON, WILSON, MERRICK, BISHOP

  20. (S) DP: HOFFMAN, KIEHL

  21. (S) TITLE CHANGE: SCR 25

  22. (S) FIN RPT SCS 2DP 5NR NEW TITLE

  23. (S) Moved SCS CSHB 122(FIN) Out of Committee

  24. (S) FINANCE at 02:00 PM SENATE FINANCE 532

  25. (S) Minutes (SFIN)

  26. (S) Heard & Held -- Recessed to 3 PM --

  27. (S) FINANCE at 10:00 AM SENATE FINANCE 532

  28. (S) FIN

  29. (S) READ THE FIRST TIME - REFERRALS

  30. (H) VERSION: CSHB 122(FIN) AM

  31. (H) TRANSMITTED TO (S)

  32. (H) COSPONSOR(S): RAUSCHER

  33. (H) EFFECTIVE DATE(S) SAME AS PASSAGE

  34. (H) PASSED Y40

  35. (H) READ THE THIRD TIME CSHB 122(FIN) AM

  36. (H) COSPONSOR(S): ALLARD, CARPENTER, STAPP, STUTES

  37. (H) ADVANCED TO THIRD READING 5/9 CALENDAR

  38. (H) AM NO 2 FAILED Y1 N37 A2

  39. (H) ...CHANGES TITLE OF LEGISLATION

  40. (H) AM NO 1 ADOPTED Y27 N13

  41. (H) FIN CS ADOPTED Y35 N5

  42. (H) READ THE SECOND TIME

  43. (H) RULES TO CALENDAR 5/8/2024

  44. (H) FN2: ZERO(CED)

  45. (H) FN1: ZERO(CED)

  46. (H) AM: STAPP

  47. (H) DP: HANNAN, JOSEPHSON, ORTIZ, COULOMBE, TOMASZEWSKI, EDGMON, D.JOHNSON, FOSTER

  48. (H) FIN RPT CS(FIN) 8DP 1AM

  49. (H) -- MEETING CANCELED --

  50. (H) FINANCE at 10:00 AM ADAMS 519

  51. (H) Minutes (HFIN)

  52. (H) FINANCE at 01:30 PM ADAMS 519

  53. (H) COSPONSOR(S): D.JOHNSON, C.JOHNSON, CRONK, WRIGHT

  54. (H) Minutes (HFIN)

  55. (H) Heard & Held -- Delayed to 1:00 p.m. Today --

  56. (H) FINANCE at 10:00 AM ADAMS 519

  57. (H) Heard & Held -- Recessed from 4/29/24 1:30 pm --

  58. (H) FINANCE at 09:00 AM ADAMS 519

  59. (H) Minutes (HFIN)

  60. (H) Scheduled but Not Heard -- Recessed to 4/30/24 at 9:00 am --

  61. (H) FINANCE at 01:30 PM ADAMS 519

  62. (H) Minutes (HFIN)

  63. (H) Heard & Held -- Please Note Time Change --

  64. (H) FINANCE at 09:00 AM ADAMS 519

  65. (H) FN1: ZERO(CED)

  66. (H) AM: MINA

  67. (H) DP: STUTES, MCKAY, VANCE, C.JOHNSON, MCCABE

  68. (H) TRA RPT CS(TRA) NEW TITLE 5DP 1AM

  69. (H) Minutes (HTRA)

  70. (H) Moved CSHB 122(TRA) Out of Committee -- Delayed to a 15 Minutes Following Session --

  71. (H) TRANSPORTATION at 01:00 PM BARNES 124

  72. (H) Minutes (HTRA)

  73. (H) Heard & Held -- Please Note Time Change --

  74. (H) TRANSPORTATION at 01:30 PM BARNES 124

  75. (H) -- Testimony <Invitation Only> -- -- MEETING CANCELED --

  76. (H) TRANSPORTATION at 01:30 PM BARNES 124

  77. (H) COSPONSOR(S): MCCABE

  78. (H) TRA, FIN

  79. (H) READ THE FIRST TIME - REFERRALS

Sponsors

Sponsorship breakdown

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1 sponsors · 10 co-sponsors · 54 not signed on

Sponsors (1)

Co-sponsors (10)

Not signed on (54)

54 members have not signed on to this bill.

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"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.

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Frequently asked questions

Who sponsors HB 122?
HB 122 is sponsored by George Rauscher (R), Louise Stutes (R), Will Stapp (R), Carpenter, Jamie Allard (R), Wright, Mike Cronk (R), C.Johnson, DeLena Johnson (R), Kevin McCabe (R), and Frank Tomaszewski (R).
What is the current status of HB 122?
This bill died with 33rd Legislature (2023-2024). It reached “To Executive” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 122?
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