HB 112: "An Act relating to the authority of the Alaska Industrial Development and Export Authority to issue bonds; and providing for an effective date."
00 HOUSE BILL NO. 112 01 "An Act relating to the authority of the Alaska Industrial Development and Export 02 Authority to issue bonds; and providing for an effective date." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 44.88.095(g) is amended to read: 05 (g) Before July 1, 2007 [2003], the authority may issue bonds in an amount 06 greater than $10,000,000 to assist in the financing of a development project under 07 AS 44.88.172 - 44.88.177 only with legislative approval. Beginning July 1, 2007 08 [2003], and thereafter, without prior legislative approval, the authority may not issue 09 bonds, except refunding and conduit revenue bonds. 10 * Sec. 2. This Act takes effect immediately under AS 01.10.070(c).