An Act amending the Knik Arm Bridge and Toll Authority Act and the powers and authority of the authority to finance construction and maintenance of the Knik Arm Bridge, to set and collect tolls, and to carry out its duties, and making conforming changes to statutes relating to issuance, renewal, or reinstatement of driver's licenses and to levy on permanent fund dividends; and providing for an effective date.
Version : CS SB 303 (FIN) Companion Bill :HB 471 Contact :: 465-4711 Last Action : Senate Floor »(S) RLS: 03-15-06
03-14-06 : Grants the Knik Arm Bridge and Toll Authority (KABATA) specific authority to secure necessary additional financing from the public and private sectors for the construction, maintenance and operational costs of the bridge. The revenue will supplement existing federal and state funding.
04-27-06 : Senate concurred with House amendments 19-0. Directs the Alaska Department of Transportation and Public Facilities to set rates for off-airport parking businesses dropping off or picking up travelers at airports a fee based on use instead of gross revenue.
04-28-06 : Passed House 35-0. Permits the Alaska Railroad to issue up to $165,000,000 in tax exempt revenue bonds to pay for mainline track and bridge rehabilitation projects, technology upgrades and passenger equipment.