2010-02-10                     House Journal                      Page 1457
HB 339                                                                                                                        
HOUSE BILL NO. 339 by the House Rules Committee by request of                                                                   
the Governor, entitled:                                                                                                         
                                                                                                                                
     "An Act relating to the dividend paid to the state by the Alaska                                                           
     Housing Finance Corporation; and providing for an effective                                                                
     date."                                                                                                                     
                                                                                                                                
was read the first time and referred to the Finance Committee.                                                                  
                                                                                                                                

2010-02-10                     House Journal                      Page 1458
The following fiscal note(s) apply:                                                                                             
                                                                                                                                
1.  Zero, Dept. of Revenue                                                                                                      
                                                                                                                                
The Governor's transmittal letter dated February 9, 2010, follows:                                                              
                                                                                                                                
"Dear Speaker Chenault:                                                                                                         
                                                                                                                                
Under the authority of Art. III, Sec. 18, of the Alaska Constitution, I                                                         
am transmitting a bill relating to the Alaska Housing Finance                                                                   
Corporation.                                                                                                                    
                                                                                                                                
The bill would permit the Alaska Housing Finance Corporation to                                                                 
modify the transfer plan to accommodate changes in the generally                                                                
accepted accounting principles.                                                                                                 
                                                                                                                                
The primary objective of this change would be to accommodate                                                                    
changes in the generally accepted accounting principles and to enable                                                           
the transfer plan to continue as intended by the original legislation.                                                          
                                                                                                                                
I urge your prompt and favorable action on this bill.                                                                           
                                                                                                                                
Sincerely,                                                                                                                      
/s/                                                                                                                             
Sean Parnell                                                                                                                    
Governor"