Legislature(2017 - 2018)HOUSE FINANCE 519

03/16/2017 01:30 PM FINANCE

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* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
-- Delayed 10 min. After Recess --
+= HB 56 COMMERCIAL FISHING LOANS TELECONFERENCED
Moved HB 56 Out of Committee
+= HB 81 AK ENERGY EFFICIENCY LOANS: ELIGIBILITY TELECONFERENCED
Moved CSHB 81(ENE) Out of Committee
+= HB 106 CIVIL LEGAL SERVICES FUND TELECONFERENCED
Moved HB 106 Out of Committee
+ HB 141 AK WORKFORCE INVESTMENT BOARD;FUNDS TELECONFERENCED
Heard & Held
+ Bills Previously Heard/Scheduled TELECONFERENCED
HOUSE BILL NO. 81                                                                                                             
                                                                                                                                
     "An Act  making an entity  that is exempt  from federal                                                                    
     taxation under 26 U.S.C. 501(c)(3),  (4), (6), (12), or                                                                    
     (19)   (Internal   Revenue   Code)  and   a   federally                                                                    
     recognized tribe  eligible for  a loan from  the Alaska                                                                    
     energy  efficiency  revolving  loan fund;  relating  to                                                                    
     loans from the Alaska  energy efficiency revolving loan                                                                    
     fund; and  relating to the  annual report  published by                                                                    
     the Alaska Housing Finance Corporation."                                                                                   
                                                                                                                                
4:53:48 PM                                                                                                                    
                                                                                                                                
BERETT   WILBER,   STAFF,   REPRESENTATIVE   KREISS-TOMKINS,                                                                    
thanked the  committee for hearing  the bill. She  wanted to                                                                    
provide  answers  to  two  outstanding  questions  from  the                                                                    
previous committee hearing on  March 6, 2017. Representative                                                                    
Kawasaki  had asked  if political  parties would  qualify to                                                                    
apply  for   loans  under   the  new   expanded  eligibility                                                                    
criteria.  She  responded  that they  would  not.  Political                                                                    
parties  were  classified  as 527  non-profits  rather  than                                                                    
501C, 3, 4, 6, 12,  or 19 non-profits. Representative Wilson                                                                    
had  asked if  the  state would  be  competing with  private                                                                    
lenders  with  opening  the eligibility  criteria.  She  had                                                                    
asked Katie Conway, the government  relations manager at the                                                                    
Alaska  Energy Authority  about the  energy efficiency  loan                                                                    
landscape  in  Alaska. She  and  Ms.  Conway concluded  that                                                                    
there  were  no   private  lenders  set  up   to  do  energy                                                                    
efficiency  loans.  A  person  could  apply  for  a  regular                                                                    
construction  loan   and  apply  it  to   energy  efficiency                                                                    
projects.  However,  energy  efficiency  loans  through  the                                                                    
program  were based  on the  guaranteed  savings that  would                                                                    
come  from doing  energy  efficiency retrofits.  Traditional                                                                    
loans were based on the cost  of a project and the available                                                                    
collateral.                                                                                                                     
                                                                                                                                
Co-Chair  Foster  indicated  that  no  amendments  had  been                                                                    
submitted for  the bill.  He reported  only one  zero fiscal                                                                    
note from  the Department of Revenue;  Appropriation: Alaska                                                                    
Housing  Finance  Corporation;  Allocation:  Alaska  Housing                                                                    
Finance Corporation Operations; OMB Component Number: 110.                                                                      
                                                                                                                                
4:56:42 PM                                                                                                                    
                                                                                                                                
Co-Chair Seaton MOVED to report  HB 81 out of Committee with                                                                    
individual  recommendations  and   the  accompanying  fiscal                                                                    
note.                                                                                                                           
                                                                                                                                
HB  81  was REPORTED  out  of  committee  with a  "do  pass"                                                                    
recommendation and  with a previously published  zero fiscal                                                                    
note: FN1(REV).                                                                                                                 
                                                                                                                                
4:57:06 PM                                                                                                                    
AT EASE                                                                                                                         
                                                                                                                                
4:58:17 PM                                                                                                                    
RECONVENED                                                                                                                      
                                                                                                                                

Document Name Date/Time Subjects
HB 141 Supporting Documents All Letter 2.27.17.pdf HFIN 3/16/2017 1:30:00 PM
HB 141
HB141 Additional Documents pages from 2016_TVEP_Report 2.27.17.pdf HFIN 3/16/2017 1:30:00 PM
HB 141
HB141 Additional Documents Pages from UA TVEP Advocacy Package 2.27.17.pdf HFIN 3/16/2017 1:30:00 PM
HB 141
HB141 Additional Documents Rep Kito TVEP Information Letter 3.8.17.pdf HFIN 3/16/2017 1:30:00 PM
HB 141
HB141 Sectional Analysis 2.27.17.pdf HFIN 3/16/2017 1:30:00 PM
HB 141
HB141 Sponsor Statement 2.27.17.pdf HFIN 3/16/2017 1:30:00 PM
HB 141
HB 56 Supporting Documents-DCCED Response.pdf HFIN 3/16/2017 1:30:00 PM
HB 56
HB 141 - Document in Support NANA.pdf HFIN 3/16/2017 1:30:00 PM
HB 141
HB 81 - Letter of Support from AAHA (003).pdf HFIN 3/16/2017 1:30:00 PM
HB 81
HB 141 - Document in Support NANA.pdf HFIN 3/16/2017 1:30:00 PM
HB 141
HB0056 Sponsor Statement 03.15.17.pdf HFIN 3/16/2017 1:30:00 PM
HB 56
HB141 Additional Documents Rep Kito TVEP Info Letter 3.15.17.pdf HFIN 3/16/2017 1:30:00 PM
HB 141
HB 141 Support Letter.pdf HFIN 3/16/2017 1:30:00 PM
HB 141
HB 56 Document in Opposition ABA 3.16.17.pdf HFIN 3/16/2017 1:30:00 PM
HB 56
HB 81 - Sponsor's answers to committee questions 3.16.17.pdf HFIN 3/16/2017 1:30:00 PM
HB 81