00HOUSE BILL NO. 135                                                                                                      
01 "An Act relating to student loans; and providing for an effective date."                                                
02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
03    * Section 1.  The Alaska Commission on Postsecondary Education may immediately                                       
04 proceed to adopt regulations necessary to                                                                               
05   (1)  determine and set an interest rate applicable to a loan for which money is                                       
06 disbursed on or after July 1, 1995,  required under AS 14.43.120(f), as repealed and reenacted                          
07 in sec. 2 , ch. 112, SLA 1994, and under AS 14.43.120(v), as enacted in sec. 4, ch. 112, SLA                            
08 1994; and                                                                                                               
09   (2)  implement AS 14.43.120(i), as amended by sec. 3, ch. 112, SLA 1994, and                                          
10 AS 14.43.122, as enacted by sec. 5, ch. 112, SLA 1994; regulations authorized by this                                   
11 paragraph may not take effect before July 1, 1995.                                                                      
12    * Sec. 2.   This Act takes effect immediately under AS 01.10.070(c).