2002-04-15                     House Journal                      Page 2924
HB 471                                                                                            
The Labor and Commerce Committee has considered:                                                    
                                                                                                    
    HOUSE BILL NO. 471                                                                              
    "An Act relating to the definitions of 'net income' and 'unrestricted                           
    net income' for purposes of determining the amount of the Alaska                                
    Industrial Development and Export Authority's dividend to the                                   
    state; relating to communities within which rural development                                   
    loans may be made by the authority; and providing for an effective                              
    date."                                                                                          
                                                                                                    
and recommends it be replaced with:                                                                 
                                                                                                    

2002-04-15                     House Journal                      Page 2925
    CS FOR HOUSE BILL NO. 471(L&C)                                                                  
    "An Act increasing the maximum amount of loans from the bulk                                    
    fuel revolving loan fund operated by the Alaska Energy Authority;                               
    precluding certain legal action concerning certain technical                                    
    assistance to rural utilities; relating to powers of the Alaska                                 
    Energy Authority; relating to the definitions of 'net income' and                               
    'unrestricted net income' for purposes of determining the amount                                
    of the Alaska Industrial Development and Export Authority's                                     
    dividend to the state; relating to communities within which rural                               
    development loans may be made by the Alaska Industrial                                          
    Development and Export Authority; and providing for an effective                                
    date."                                                                                          
                                                                                                    
The report was signed by Representative Halcro, Vice Chair, with the                                
following individual recommendations:                                                               
                                                                                                    
Do pass (4):  Meyer, Crawford, Halcro, Kott                                                         
                                                                                                    
No recommendation (1):  Hayes                                                                       
                                                                                                    
The following fiscal note(s) apply to CSHB 471(L&C):                                                
                                                                                                    
1.  Zero, Dept. of Community & Economic Development                                                 
                                                                                                    
HB 471 was referred to the Rules Committee for placement on the                                     
calendar.