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SB 40: "An Act making appropriations from the Alaska Housing Finance Corporation revolving fund to the general fund; and providing for an effective date."

00 SENATE BILL NO. 40                                                                                                      
01 "An Act making appropriations from the Alaska Housing Finance Corporation                                               
02 revolving fund to the general fund; and providing for an effective date."                                               
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
04    * Section 1.  The sum of $200,000,000 from the available unrestricted cash in the general                            
05 account of the revolving fund, Alaska Housing Finance Corporation, is anticipated to be                                 
06 transferred by the direction of the Alaska Housing Finance Corporation board to the general                             
07 fund.  The money shall be deposited into the general fund when received during fiscal year                              
08 1996.                                                                                                                   
09    * Sec. 2.  The sum of $135,000,000 from the available unrestricted cash in the general                               
10 account of the revolving fund, Alaska Housing Finance Corporation, is anticipated to be                                 
11 transferred by the direction of the Alaska Housing Finance Corporation board to the general                             
12 fund.  The money shall be deposited into the general fund when received during fiscal year                              
13 1997.                                                                                                                   
14    * Sec. 3.  Section 1 of this Act takes effect July 1, 1995.                                                          
01    * Sec. 4.  Section 2 of this Act takes effect July 1, 1996.