Legislature(2021 - 2022)

2021-01-25 Senate Journal

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2021-01-25                     Senate Journal                      Page 0068
SB 54                                                                                                                         
SENATE BILL NO. 54 BY THE SENATE 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                                                                    

2021-01-25                     Senate Journal                      Page 0069
             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 Labor and Commerce and                                                              
Finance Committees.                                                                                                             
The following fiscal information was published today:                                                                           
 Fiscal Note No. 1, Department of Revenue                                                                                       
Governor's transmittal letter dated January 19:                                                                                 
Dear President Micciche:                                                                                                        
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