2002-03-27                     House Journal                      Page 2701
HB 471                                                                                            
The Community & Regional Affairs Committee has considered:                                          
                                                                                                    
     HOUSE BILL NO. 471                                                                             
     "An Act relating to the definitions of 'net income' and 'unrestricted                          
     net income' for purposes of determining the amount of the Alaska                               
     Industrial Development and Export Authority's dividend to the                                  
     state; relating to communities within which rural development                                  
     loans may be made by the authority; and providing for an effective                             
     date."                                                                                         
                                                                                                    
and recommends it be replaced with:                                                                 
                                                                                                    
     CS FOR HOUSE BILL NO. 471(CRA)                                                                 
     "An Act increasing the maximum amount of loans from the bulk                                   
     fuel revolving loan fund operated by the Alaska Energy Authority;                              
     relating to the definitions of 'net income' and 'unrestricted net                              
     income' for purposes of determining the amount of the Alaska                                   
     Industrial Development and Export Authority's dividend to the                                  
     state; relating to communities within which rural development                                  
     loans may be made by the Alaska Industrial Development and                                     
     Export Authority; and providing for an effective date."                                        
                                                                                                    
The report was signed by Representatives Meyer and Morgan, Co-                                      
chairs, with the following individual recommendations:                                              
                                                                                                    
Do pass (6):  Kerttula, Halcro, Scalzi, Murkowski, Meyer, Morgan                                    
                                                                                                    
The following fiscal note(s) apply to CSHB 471(CRA):                                                
                                                                                                    
1.  Zero, Dept. of Community & Economic Development                                                 
                                                                                                    

2002-03-27                     House Journal                      Page 2702
HB 471 was referred to the Labor & Commerce Committee.