SB 92: "An Act requiring that, in addition to its operating budget, all activities of the Alaska Housing Finance Corporation are subject to the Executive Budget Act."
00SENATE BILL NO. 92 01 "An Act requiring that, in addition to its operating budget, all activities of the 02 Alaska Housing Finance Corporation are subject to the Executive Budget Act." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 18.56.089(a) is amended to read: 05 (a) The provisions of AS 37.07 (Executive Budget Act) 06 [(1)] apply to 07 [(A)] the operating budget of the corporation and to all [; 08 (B) AMOUNTS PAYABLE FROM CORPORATE EARNINGS 09 OR ASSETS OF THE CORPORATION FOR GRANTS OR GRANT 10 PROGRAMS AUTHORIZED BY THIS CHAPTER; 11 (C) INTEREST RATE SUBSIDIES AND BUILDING 12 SUBSIDIES AS DETERMINED BY THE CORPORATION, EXCEPT 13 SUBSIDIES PAYABLE FROM THE CORPORATION'S ARBITRAGE 14 EARNINGS;
01 (D)] activities of the corporation under AS 18.55 and 02 [AS 18.55.010 - 18.55.960; 03 (2) DO NOT APPLY TO ACTIVITIES OF THE CORPORATION 04 UNDER THIS CHAPTER EXCEPT AS PROVIDED IN (1) OF THIS SUBSECTION 05 OR AS OTHERWISE SPECIFICALLY PROVIDED IN] this chapter.