Legislature(2005 - 2006)
2006-05-02 Senate JournalFull Journal pdf
2006-05-02 Senate Journal Page 3056 HB 278 The Community and Regional Affairs Committee considered CS FOR HOUSE BILL NO. 278(RLS) "An Act relating to prepayments of 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, notes, commercial paper, or other obligations 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; authorizing a governmental employer to issue obligations to prepay all or a portion of the governmental employer's shares of the unfunded accrued actuarial liabilities of retirement systems and to enter into a lease or other contractual agreement with a trustee or the Alaska Municipal Bond Bank Authority or a subsidiary of the authority in connection with the issuance of obligations for that purpose, and relating to those obligations; and providing for an effective date." Signing amend: Senator Stedman, Chair. Signing no recommendation: Senators Ellis, Wagoner, Gary Stevens. The following previously published fiscal information applies: Fiscal Note No. 2, indeterminate, House Finance Committee The bill was referred to the Finance Committee.