Legislature(2001 - 2002)

2002-05-03 Senate Journal

Full Journal pdf

2002-05-03                     Senate Journal                      Page 3151
SB 181                                                                                            
CS FOR SENATE BILL NO. 181(FIN) am "An Act relating to and                                          
increasing the interest rate on that portion of a loan for a single-family                          
house or owner-occupied duplex that exceeds $200,000 where the loan                                 
is for a house or duplex in a small community with a population of                                  
6,500 or less that is not connected by road or rail to Anchorage or                                 
Fairbanks, or with a population of 1,600 or less that is connected by                               

2002-05-03                     Senate Journal                      Page 3152
road or rail to Anchorage or Fairbanks for purposes of the small                                    
community housing program of the Alaska Housing Finance                                             
Corporation; relating to loans for teacher housing in which each unit                               
that is not vacant is occupied by at least one individual who is                                    
employed as a certificated teacher in a public elementary or secondary                              
school in a small community with a population of 6,500 or less that is                              
not connected by road or rail to Anchorage or Fairbanks, or with a                                  
population of 1,600 or less that is connected by road or rail to                                    
Anchorage or Fairbanks, and increasing the interest rate on the loans if                            
this occupancy requirement is not complied with; and providing for an                               
effective date" was engrossed, signed by the President and Secretary                                
and transmitted to the House for consideration.