Legislature(2001 - 2002)

2002-04-24 Senate Journal

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2002-04-24                     Senate Journal                      Page 2920
SB 181                                                                                            
The Finance Committee considered SENATE BILL NO. 181 "An Act                                        
making the interest rate for the Alaska Housing Finance Corporation's                               
small community housing mortgage loans the same as the interest rate                                
on mortgage loans purchased under the corporation's special mortgage                                
loan purchase program from the proceeds of the most recent applicable                               
issue of taxable bonds before the origination or purchase of the small                              
community housing mortgage loans" and recommended it be replaced                                    
with                                                                                                
                                                                                                    
          CS FOR SENATE BILL NO. 181(FIN) "An Act                                                   
          relating to the use of money from the housing                                             
          assistance loan fund, to loans for teacher housing in                                     
          small communities, and to the interest rate on loans                                      
          originated or purchased by the Alaska Housing                                             
          Finance Corporation for small community housing;                                          
          and providing for an effective date."                                                     
                                                                                                    
Signing do pass: Senators Donley, Kelly, Cochairs, Senators Green,                                  
Olson, Wilken, Leman. Signing no recommendation: Senators                                           
Austerman, Ward.                                                                                    
                                                                                                    
The following fiscal information was published today:                                               
 Fiscal Note No. 1, indeterminate, Department of Revenue                                            
                                                                                                    
The bill was referred to the Rules Committee.