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