2010-04-06                     House Journal                      Page 2045
SB 269                                                                                                                        
The Labor & Commerce Committee considered:                                                                                      
                                                                                                                                
     CS FOR SENATE BILL NO. 269(FIN)                                                                                            
     "An Act relating to the waiver of volume cap of recovery zone                                                              
     economic development bonds authorized by 26 U.S.C. 1400U-2                                                                 
     and reallocation by the Alaska Municipal Bond Bank Authority of                                                            
     the waived volume cap; relating to the waiver of volume cap of                                                             
     recovery zone facility bonds authorized by 26 U.S.C. 1400U-3                                                               
     and reallocation by the Alaska Industrial Development and Export                                                           

2010-04-06                     House Journal                      Page 2046
     Authority of the waived volume cap; increasing the total amount                                                            
     of bonds and notes that the Alaska Municipal Bond Bank                                                                     
     Authority may have outstanding; relating to revenue bonds and to                                                           
     obligations secured by lease that are issued by the Alaska                                                                 
     Municipal Bond Bank Authority; relating to allocations of tax                                                              
     credit and bonding limits imposed by the federal government; and                                                           
     providing for an effective date."                                                                                          
                                                                                                                                
The report was signed by Representative Olson, Chair, with the                                                                  
following individual recommendations:                                                                                           
                                                                                                                                
Do pass (2):  Holmes, Olson                                                                                                     
                                                                                                                                
No recommendation (3):  Lynn, Buch, T. Wilson                                                                                   
                                                                                                                                
                                                                                                                                
The following fiscal note(s) apply:                                                                                             
                                                                                                                                
1.  Zero, Dept. of Commerce, Community, & Economic Development                                                                  
2.  Fiscal, Dept. of Revenue                                                                                                    
                                                                                                                                
                                                                                                                                
CSSB 269(FIN) was referred to the Finance Committee.