Legislature(2005 - 2006)BELTZ 211
05/03/2006 03:30 PM Senate STATE AFFAIRS
| Audio | Topic |
|---|---|
| Start | |
| HB133 | |
| SB288 | |
| HJR25 | |
| HCR4 | |
| HB347 | |
| HB375 | |
| Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
| += | SB 288 | TELECONFERENCED | |
| += | HB 347 | TELECONFERENCED | |
| += | HJR 25 | TELECONFERENCED | |
| + | HB 375 | TELECONFERENCED | |
| + | HCR 4 | TELECONFERENCED | |
| + | TELECONFERENCED | ||
| = | HB 133 | ||
CSHJR 25(STA)-SUPPORTING VETERANS HOME OWNERSHIP ACT
4:01:31 PM
CHAIR THERRIAULT announced HJR 25 to be up for consideration.
HANNAH McCARTY, Staff to Representative Beth Kerttula,
introduced HJR 25 with the explanation that Alaska is one of
five states that participates in the Veterans' Home Ownership
Program, which allows the state to issue tax exempt bonds and
use the proceeds to make low interest home loans to veterans who
served before 1977 and apply within 30 years of leaving active
duty.
MS. McCARTY explained that without congressional action, fewer
veterans would qualify. She related that about 11,700 Alaska
veterans have benefited from the program since 1983 but just 57
veterans qualified in the last fiscal year. Repeal of the
qualifying date was inserted into the tax reconciliation bill
last year, but the U.S. Senate version of the bill doesn't have
the language. The bill is currently in conference committee and
HJR 25 urges passage.
SENATOR KIM ELTON stated that this program allowed him to buy a
home several years earlier than would have been possible without
such a program.
SENATOR THOMAS WAGONER urged support for the program.
SENATOR CHARLIE HUGGINS expressed support for veterans.
4:05:17 PM
SENATOR WAGONER motioned to report CSHJR 25(STA) and attached
fiscal note(s) from committee with individual recommendations.
There being no objection, it was so ordered.
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