Legislature(2005 - 2006)
2006-03-27 House Journal
Full Journal pdf2006-03-27 House Journal Page 2887 HB 278 The Finance 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 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." and recommends it be replaced with: CS FOR HOUSE BILL NO. 278(FIN) "An Act relating to accrued actuarial liabilities of government retirement systems; relating to the Alaska Municipal Bond Bank Authority; permitting the Alaska Municipal Bond Bank Authority or a 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, 2006-03-27 House Journal Page 2888 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 Meyer, Co-chair, with the following individual recommendations: Do pass (4): Hawker, Weyhrauch, Foster, Meyer No recommendation (3): Kelly, Kerttula, Stoltze The following fiscal note(s) apply to CSHB 278(FIN): 2. Indeterminate, House Finance Committee/Dept. of Revenue HB 278 was referred to the Rules Committee for placement on the calendar.