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HB 157: "An Act repealing statutes that condition receipt of certain occupational licenses on compliance with student loan repayment provisions and compliance with support orders or payment schedules related to support orders."

00HOUSE BILL NO. 157 01 "An Act repealing statutes that condition receipt of certain occupational licenses 02 on compliance with student loan repayment provisions and compliance with support 03 orders or payment schedules related to support orders." 04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 05 * Section 1. AS 14.43.120(i) is amended to read: 06  (i) If a loan is in default, the commission 07  (1) shall notify the borrower that [, IF THE BORROWER HAS AN 08 OCCUPATIONAL LICENSE ISSUED UNDER AS 08, THE LICENSE MAY NOT 09 BE RENEWED UNDER AS 08.02.025 AND THAT] repayment of the remaining 10 balance is accelerated and due by mailing the borrower a notice at the most recent 11 address provided to the commission by the borrower; 12  (2) may take the borrower's permanent fund dividend under 13 AS 43.23.065(b)(3) to satisfy the balance due on a defaulted loan; and 14  (3) shall provide notice of the default to the Department of Commerce

01 and Economic Development, if the loan recipient is licensed under AS 08. 02 * Sec. 2. AS 08.02.025 and AS 25.27.244 are repealed.