2008-05-30                     House Journal                      Page 3033
HB 13                                                                                                                         
A message dated May 22, 2008, was received stating the Governor                                                                 
signed the following bill and is transmitting the engrossed and enrolled                                                        
copies to the Lieutenant Governor's office for permanent filing:                                                                
                                                                                                                                
     SENATE CS FOR 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                                                         

2008-05-30                     House Journal                      Page 3034
     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 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 with the                                                                 
     issuance of obligations by a state entity for the purpose of                                                               
     prepaying all or a portion of the governmental employer's share of                                                         
     the unfunded accrued actuarial liabilities of retirement systems,                                                          
     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."                                                                                                                     
                                                                                                                                
     Chapter No. 35, SLA 2008                                                                                                   
     Effective Date:  May 23, 2008