2006-01-27                     House Journal                      Page 2362
HB 278                                                                                            
The State Affairs Committee has considered:                                                         
                                                                                                    
    HOUSE BILL NO. 278                                                                              
    "An Act relating to the Alaska Municipal Bond Bank Authority;                                   
    permitting the Alaska Municipal Bond Bank Authority or a                                        

2006-01-27                     House Journal                      Page 2363
    subsidiary of the authority to assist state and municipal                                       
    governmental employers by issuing bonds and other commercial                                    
    paper to enable the governmental employers to prepay all or a                                   
    portion of the governmental employers' shares of the unfunded                                   
    accrued actuarial liabilities of retirement systems and authorizing                             
    governmental employers to contract with and to issue bonds,                                     
    notes, or commercial paper to the authority or its subsidiary                                   
    corporation for that purpose; and providing for an effective date."                             
                                                                                                    
The report was signed by Representative Seaton, Chair, with the                                     
following individual recommendations:                                                               
                                                                                                    
Do pass (2):  Gardner, Gruenberg                                                                    
                                                                                                    
No recommendation (5):  Lynn, Elkins, Ramras, Gatto, Seaton                                         
                                                                                                    
The following fiscal note(s) apply:                                                                 
                                                                                                    
1.  Fiscal, Dept. of Revenue                                                                        
                                                                                                    
HB 278 was referred to the Finance Committee.