Legislature(2009 - 2010)

2010-04-14 House Journal

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2010-04-14                     House Journal                      Page 2270
SB 269                                                                                                                        
The Finance Committee considered:                                                                                               
                                                                                                                                
     CS FOR SENATE BILL NO. 269(FIN)                                                                                            
     "An Act relating to the waiver of volume cap of recovery zone                                                              
     economic development bonds authorized by 26 U.S.C. 1400U-2                                                                 
     and reallocation by the Alaska Municipal Bond Bank Authority of                                                            

2010-04-14                     House Journal                      Page 2271
     the waived volume cap; relating to the waiver of volume cap of                                                             
     recovery zone facility bonds authorized by 26 U.S.C. 1400U-3                                                               
     and reallocation by the Alaska Industrial Development and Export                                                           
     Authority of the waived volume cap; increasing the total amount                                                            
     of bonds and notes that the Alaska Municipal Bond Bank                                                                     
     Authority may have outstanding; relating to revenue bonds and to                                                           
     obligations secured by lease that are issued by the Alaska                                                                 
     Municipal Bond Bank Authority; relating to allocations of tax                                                              
     credit and bonding limits imposed by the federal government; and                                                           
     providing for an effective date."                                                                                          
                                                                                                                                
The report was signed by Representatives Stoltze and Hawker, Co-                                                                
chairs, with the following individual recommendations:                                                                          
                                                                                                                                
Do pass (5):  Gara, Joule, Thomas, Stoltze, Hawker                                                                              
                                                                                                                                
No recommendation (6):  Doogan, N. Foster, Fairclough, Austerman,                                                               
Kelly, Salmon                                                                                                                   
                                                                                                                                
The following fiscal note(s) apply:                                                                                             
                                                                                                                                
1. Zero, Dept. of Commerce, Community, & Economic Development                                                                   
2.  Fiscal, Dept. of Revenue                                                                                                    
                                                                                                                                
CSSB 269(FIN) was referred to the Rules Committee for placement on                                                              
the calendar.