04/11/1996 02:55 PM Senate L&C

                                                                               
        HB 284 AK COMMERCIAL FISHING & AGRICULTURE BANK                       
                                                                              
 SENATOR KELLY announced  HB 284  to be up for consideration.                  
                                                                               
 AMY DAUGHERTY, Staff to Representative Alan Austerman, sponsor, of            
 HB 284 said it changes AS44.81 and AS16.43, containing the enabling           
 language of the Alaska Commercial Fishing and Agriculture Bank.               
 Most of the changes in SB 284 are for clarification.                          
                                                                               
 SENATOR KELLY asked where the physical headquarters of CFAB was               
 located.  MS. DAUGHERTY answered that it was in Anchorage.  She               
 said that by the year 2002, CFAB will have retired all but one                
 million dollars of their debt.                                                
                                                                               
 SENATOR KELLY said he wanted to hold the bill until they talk to Ed           
 Crane of CFAB.  He directed staff also to check on the difference             
 between existing and proposed language and said they would bring              
 the bill up next Tuesday.