Legislature(1997 - 1998)
1998-04-01 Senate Journal
Full Journal pdf1998-04-01 Senate Journal Page 3089 SB 223 The Finance Committee considered SENATE BILL NO. 223 An Act lowering the age requirement from 60 years to 55 years for purposes of senior housing programs; and repealing a provision relating to the interest rate on senior housing loans made by the Alaska Housing Finance Corporation and recommended it be replaced with CS FOR SENATE BILL NO. 223(FIN) An Act relating to the age requirement for purposes of senior housing programs and requiring the Alaska Housing Finance Corporation to establish the age requirement, which may not be less than 55 years of age, for occupants of certain senior housing; relating to the senior housing revolving fund; providing that the senior housing bond account consists of money appropriated to the account and interest earned on money appropriated to the account; providing that the Alaska Housing Finance Corporation may use money in the senior housing bond account only in accordance with an appropriation of the money; repealing the senior housing bond account on June 30, 1999; relating to bonds to fund senior housing loans; and repealing a provision relating to the interest rate on senior housing loans made by the Alaska Housing Finance Corporation. Signing do pass: Senator Sharp, Cochair. Signing no recommendation: Senator Pearce, Cochair, Senators Parnell, Donley, Phillips, Adams. 1998-04-01 Senate Journal Page 3090 SB 223 Previous zero fiscal note applies to the committee substitute. The bill was referred to the Rules Committee.