Legislature(2021 - 2022)

2021-02-18 House Journal

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2021-02-18                     House Journal                      Page 0136
HB 74                                                                                                                         
HOUSE BILL NO. 74 by the House Rules Committee by request of                                                                    
the Governor, entitled:                                                                                                         
     "An Act authorizing and relating to the issuance of bonds by the                                                           
     Alaska Housing Finance Corporation for safe and clean water and                                                            
     hygienic sewage disposal facility capital projects and                                                                     
     transportation projects; providing for the repayment of the bonds                                                          
     and bond costs; 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.                                                                  
The following fiscal note(s) apply:                                                                                             
1.  Fiscal, Dept. of Revenue                                                                                                    
The Governor's transmittal letter dated January 19 follows:                                                                     
"Dear Chief Clerk:                                                                                                              
Under the authority of Article III, Section 18, of the Alaska                                                                   
Constitution, I am transmitting a bill to authorize the Alaska Housing                                                          
Finance Corporation (AHFC) to issue bonds to finance capital                                                                    
improvement for water and sewer projects and to provide state                                                                   
matching funds for eligible federal highway and aviation                                                                        
transportation projects. The repayment of the costs of the bonds would                                                          
be offset by a reduction in the dividend AHFC pays to the state.                                                                
This bill will enable important transportation infrastructure                                                                   
improvements throughout Alaska and improve public health by                                                                     
investing in village safe water and sewage disposal facility projects.                                                          
I urge your prompt and favorable action on this measure.                                                                        
Mike Dunleavy