Legislature(2001 - 2002)
2002-05-03 Senate Journal
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Full Journal pdf2002-05-03 Senate Journal Page 3148 Senator Hoffman moved and asked unanimous consent for the adoption of the following amendment to Amendment No. 1: Delete "$250,000" Insert "$200,000" Without objection, Amendment No. 1 was amended. There being no further objections, Amendment No. 1 as amended was adopted. CS FOR SENATE BILL NO. 181(FIN) am was automatically in third reading on reconsideration. Senator Donley offered Title Amendment No. 2: Page 1, lines 1 - 3: Delete all material. Insert "An Act relating to and increasing the interest rate on that portion of a loan for a single-family house or owner-occupied duplex that exceeds $200,000 where the loan is for a house or duplex in a small community with a population of 6,500 or less that is not connected by road or rail to Anchorage or Fairbanks, or with a population of 1,600 or less that is connected by road or rail to Anchorage or Fairbanks for purposes of the small community housing program of the Alaska Housing Finance Corporation; relating to loans for teacher housing in which each unit that is not vacant is occupied by at least one individual who is employed as a certificated teacher in a public elementary or secondary school in a small community with a population of 6,500 or less that is not connected by road or rail to Anchorage or Fairbanks, or with a population of 1,600 or less that is connected by road or rail to Anchorage or Fairbanks, and increasing the interest rate on the loans if this occupancy requirement is not complied with;" Senator Donley moved for the adoption of Title Amendment No. 2. Without objection, Title Amendment No. 2 was adopted.