Legislature(2007 - 2008)

2007-04-25 House Journal

Full Journal pdf

2007-04-25                     House Journal                      Page 0924
HB 13                                                                                                                         
Representatives Roses, Dahlstrom, Johnson, and Johansen added their                                                             
names as cosponsors to:                                                                                                         
                                                                                                                                
     CS FOR HOUSE BILL NO. 13(FIN)                                                                                              
     "An Act relating to prepayments of accrued actuarial liabilities of                                                        
     government retirement systems; relating to the Alaska Municipal                                                            
     Bond Bank Authority, the Alaska Housing Finance Corporation,                                                               
     and the state bond committee; establishing the Alaska Pension                                                              
     Obligation Bond Corporation; permitting the Alaska Municipal                                                               
     Bond Bank Authority or a subsidiary of the authority, a subsidiary                                                         
     of the Alaska Housing Finance Corporation, the state bond                                                                  
     committee, and the Alaska Pension Obligation Bond Corporation                                                              
     to assist state and municipal governmental employers by issuing                                                            
     bonds, notes, commercial paper, or other obligations to enable the                                                         
     governmental employers to prepay all or a portion of the                                                                   
     governmental employers' shares of the unfunded accrued actuarial                                                           
     liabilities of retirement systems; authorizing a governmental                                                              
     employer to issue obligations to prepay all or a portion of the                                                            
     governmental employer's shares of the unfunded accrued actuarial                                                           
     liabilities of retirement systems and to enter into a lease or other                                                       
     contractual agreement with a trustee, the Alaska Municipal Bond                                                            
     Bank Authority or a subsidiary of the authority, a subsidiary of the                                                       
     Alaska Housing Finance Corporation, the state bond committee,                                                              
     or the Alaska Pension Obligation Bond Corporation in connection                                                            

2007-04-25                     House Journal                      Page 0925
     with the issuance of obligations for that purpose, and relating to                                                         
     those obligations; relating to revision of the employer contribution                                                       
     rate in connection with financed prepayment of unfunded accrued                                                            
     actuarial liabilities of government retirement systems; and                                                                
     providing for an effective date."