00                      CS FOR HOUSE BILL NO. 283(STA)                                                                     
01 "An Act relating to the compensation for board members of the Alaska Housing                                            
02 Finance Corporation; and providing for an effective date."                                                              
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
04    * Section 1.  AS 18.56.030(e) is amended to read:                                                                  
05            (e)  The members of the board described in (a)(4) of this section receive $400                           
06       [$100] compensation for each day spent on official business of the corporation and                                
07       may be reimbursed by the corporation for actual and necessary expenses at the same                                
08       rate paid to members of state boards under AS 39.20.180.                                                          
09    * Sec. 2.  This Act takes effect immediately under AS 01.10.070(c).