Legislature(1993 - 1994)
1993-04-22 Senate JournalFull Journal pdf
1993-04-22 Senate Journal Page 1649 SB 7 Forthcoming committee substitute for SENATE BILL NO. 7 "An Act relating to reimbursement of school construction debt; and providing for an effective date" (page 1641) was received: CS FOR SENATE BILL NO. 7(FIN), entitled: "An Act relating to grants for school construction, to reimbursement of school construction debt, and to school construction bonds issued by the Alaska Municipal Bond Bank Authority; and providing for an effective date." 1993-04-22 Senate Journal Page 1650 SB 7 Forthcoming Senate Finance Committee Letter of Intent (page 1641): Letter of Intent for CSSB 7(Fin) It is the intent of the Legislature that municipalities and school districts receive debt reimbursement for school construction and major rehabilitation projects from the school construction grant fund. The Legislature does not intend the fund to be used for normal, preventative, or routine maintenance activities. It is further the Legislature's intent that municipalities and school districts ensure the proper maintenance and upkeep of their schools and classroom facilities through use of operating funds appropriated annually through the foundation funding formula. Forthcoming fiscal note for the committee substitute published today from Department of Education.