Legislature(1997 - 1998)

1998-04-07 Senate Journal

Full Journal pdf

1998-04-07                     Senate Journal                      Page 3182
SB 223                                                                       
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           
                                                                               

1998-04-07                     Senate Journal                      Page 3183
SB 223                                                                       
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 which had been held in second               
reading with Amendment No. 1 pending (page 3165) was before the                
Senate.                                                                        
                                                                               
Senator Kelly moved and asked unanimous consent that CS FOR                    
SENATE BILL NO. 223(FIN) with Amendment No. 1 pending be                       
held to the April 8 calendar. Without objection, it was so ordered.