Legislature(2001 - 2002)
2001-07-20 House Journal
Full Journal pdf2001-07-20 House Journal Page 1872 HB 204 The following was enrolled, signed by the Speaker and Chief Clerk, President and Secretary of the Senate, and the engrossed and enrolled copies were transmitted to the Office of the Governor at 3:10 p.m., June 20, 2001: HOUSE BILL NO. 204 "An Act relating to the Alaska Commission on Postsecondary Education and the Alaska Student Loan Corporation; relating to student financial aid programs and the financing of those programs; establishing the Alaska Advantage Loan Program and the Alaska Supplemental Education Loan Program; increasing the 2001-07-20 House Journal Page 1873 bonding authorization of the Alaska Student Loan Corporation; providing for liens resulting from a default under AS 14.43 or AS 14.44; relating to the duties of the recorder regarding those liens; relating to defaults under the Western Regional Higher Education Compact; relating to the prohibition on discrimination regarding programs under AS 14.43; relating to fees for the review of certain postsecondary institutions; making conforming amendments; and providing for an effective date." The following memorandum, dated May 16, 2001, was received from Patty Rose, Enrolling Secretary, Division of Legal and Research Services: "In accordance with Rule 43, Uniform Rules of the Alaska State Legislature, I am reporting the following manifest errors in HB 204, which have been corrected in enrolling: Page 1, line 3: Delete "Advantage Loan Program" Insert "advantage loan program" Page 1, line 4: Delete "Supplemental Education Loan Program" Insert "supplemental education loan program" Page 4, line 9: Delete "AS 14.42" Insert "this chapter" Page 4, line 17: Delete "is" Page 4, line 18: Delete "requesting" Insert "requests" Page 4, line 19: Delete "and" Insert "," 2001-07-20 House Journal Page 1874 Page 4, line 20, following "(B)": Insert "is" Page 4, line 21: Delete "on" Insert "for" Page 7, line 22: Delete "and" Insert "," Page 8, line 23: Delete "Supplemental Education Loan Program" Insert "supplemental education loan program" Page 8, lines 27 - 28: Delete "Supplemental Education Loan Program" Insert "supplemental education loan program" Page 8, line 29: Delete "medium and long-range fixed and variable rate" Insert "medium-range and long-range fixed-rate and variable-rate" Page 9, line 1: Delete "those loans" Insert "loans under the Alaska supplemental education loan program" Page 9, line 7: Delete "tax exempt" Insert "tax-exempt" Page 9, lines 16 - 17: Delete "[AS 14.42.100 - 14.42.390], AS 14.43.091 - 14.43.160 [" Insert ", 14.43.091 - 14.43.160 [AS 14.42.100 - 14.42.390," 2001-07-20 House Journal Page 1875 Page 12, line 30, through page 13, line 7: Delete all material and insert: "(5) "eligible student" means an individual who meets the eligibility requirements established by the federal guaranteed student loan program or as otherwise set out in this chapter; (6) "federal guaranteed student loan program" means the programs of the United States government that make postsecondary educational financial aid available under 20 U.S.C. 1070 - 1099c-2, as amended; (7) "repayment obligation" means an obligation to repay financial support that is financed from the education loan fund established in AS 14.42.210 or otherwise administered by the commission." Page 14, line 31, following "* Sec. 24": Insert "." Page 16, line 9: Delete "AS 14.43" Insert "this chapter" Page 17, line 14: Delete "-" Insert "through [-]" Page 17, line 18: Delete "Advantage Loan Program" Insert "advantage loan program" Page 17, lines 19 - 20: Delete "Advantage Loan Program" Insert "advantage loan program" Page 17, line 20: Delete "AS 14.43" Insert "this chapter" Page 17, line 21, following "Eligibility.": Insert "(a)" 2001-07-20 House Journal Page 1876 Page 17, line 23, following "and": Insert "must be" Page 17, line 24, following "(1)": Delete "must be" Page 17, line 26, following "(2)": Delete "must be" Page 17, line 31: Delete "no" Insert "not" Page 18, line 4: Delete "," Page 18, lines 12 - 13: Delete "the Alaska Advantage Loan Program" Insert "AS 14.43.161 - 14.43.168" Page 18, line 18: Delete "per" Insert "for each" Page 18, line 23: Delete "this program" Insert "AS 14.43.161 - 14.43.168" Page 20, line 3: Delete "Supplemental Education Loan Program" Insert "supplemental education loan program" Page 20, line 5: Delete "Advantage Loan Program" Insert "advantage loan program" Page 20, lines 8 - 9: Delete "Supplemental Education Loan Program" Insert "supplemental education loan program" 2001-07-20 House Journal Page 1877 Page 20, line 17, following "and": Insert "must be" Page 20, line 18, following "(1)": Delete "must be" Page 20, line 22: Delete "FFEL" Insert "federal family education loan" Page 20, line 24, following "(2)": Delete "must be" Page 20, line 25: Delete "FFEL" Insert "federal family education loan" Page 20, line 30, following "delinquent": Insert "on" Page 21, line 3: Delete "agency" Insert "division" Page 21, line 26: Delete "FFEL" Insert "federal family education loan" Page 24, lines 19 - 24: Delete all material and insert: "(3) "approved federal family education loan institution" means a postsecondary education institution in this state or outside of this state that is approved for participation in the federal guaranteed student loan program; (4) "federal guaranteed student loan program" means the programs of the United States government making postsecondary educational financial aid available under 20 U.S.C. 1070 - 1099c- 2, as amended." 2001-07-20 House Journal Page 1878 Page 26, line 26: Delete "and 14.43.310(b)(1), (2), (3), and (4)" Insert "14.43.310(b), and 14.43.320" Page 27, line 1, following the second occurrence of "to": Insert ""scholarship account" to "education loan account" and references to""