2000-05-01                     Senate Journal                      Page 3650
HB 281                                                                       
The Finance Committee considered CS FOR HOUSE BILL NO.                         
281(FIN) am An Act relating to the financing of construction of                
public school facilities, facilities for the University of Alaska, and         
facilities for ports and harbors; authorizing the commissioner of              
revenue to sell the right to receive a portion of the anticipated              
revenue from a certain tobacco litigation settlement to the Alaska             
Housing Finance Corporation; relating to the deposit of certain                
anticipated revenue from a certain tobacco litigation settlement;              
authorizing the issuance of  bonds by the  Alaska  Housing  Finance            
Corporation with proceeds to finance public school construction,               
facilities for the University of Alaska, and facilities for ports and          
harbors; providing for the creation of subsidiary corporations of the          
Alaska Housing Finance Corporation for the purpose of financing or             
facilitating the financing of public school construction, facilities for       
the University of Alaska, and facilities for ports and harbors; and            
providing for an effective date and recommended it be replaced                 
with                                                                           
                                                                               
SENATE CS FOR CS FOR HOUSE BILL NO.                                           
281(FIN) An Act relating to the financing of                                   
construction of public school facilities, facilities for                       
the University of Alaska, and facilities for ports and                         
harbors; authorizing the commissioner of revenue to                            
sell the right to receive a portion of the anticipated                         
revenue from a certain tobacco litigation settlement                           
to the Alaska Housing Finance Corporation; relating                            
to the deposit of certain anticipated revenue from a                           
certain tobacco litigation settlement; authorizing the                         
issuance of bonds by the Alaska Housing Finance                                
Corporation with proceeds to finance public school                             
construction, facilities for the University of Alaska,                         
public housing facilities of the Alaska Housing                                
Finance Corporation, and facilities for ports and                              
harbors; providing for the creation of subsidiary                              
corporations  of   the   Alaska   Housing   Finance                            
                                                                               
                                                                               

2000-05-01                     Senate Journal                      Page 3651
HB 281                                                                       
Corporation for the purpose of financing or                                   
facilitating the financing of public school                                    
construction, facilities for the University of Alaska,                         
and facilities for ports and harbors; and providing                            
for an effective date.                                                         
(technical title change)                                                      
                                                                               
Signing do pass: Senators Parnell, Torgerson, Cochairs, Senators               
Green, Pete Kelly, Wilken. Signing no recommendation: Senators                 
Adams, Leman. Signing amend: Senator Donley. Signing do not                    
pass: Senator Phillips.                                                        
                                                                               
Previous House fiscal note. Fiscal note information forthcoming.               
                                                                               
The bill was referred to the Rules Committee.