Legislature(2025 - 2026)SENATE FINANCE 532
05/14/2025 09:00 AM Senate FINANCE
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| Audio | Topic |
|---|---|
| Start | |
| HB16 | |
| SB132 | |
| HB31 | |
| SB156 | |
| HB16 | |
| Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
| += | HB 16 | TELECONFERENCED | |
| += | SB 132 | TELECONFERENCED | |
| + | HB 31 | TELECONFERENCED | |
| += | SB 156 | TELECONFERENCED | |
SENATE BILL NO. 156
"An Act relating to the Department of Commerce,
Community, and Economic Development; relating to the
Alaska Commercial Fishing and Agriculture Bank;
relating to certain loans made by the Alaska
Commercial Fishing and Agriculture Bank; and providing
for an effective date."
9:33:41 AM
Senator Kiehl reintroduced the legislation.
Senator Merrick MOVED to ADOPT the committee substitute for
SB 156, Work Draft 34-LS0857\H (Bullard, 5/12/25).
Co-Chair Hoffman OBJECTED for discussion.
9:35:54 AM
ELLA ATKISON, STAFF, SENATOR JESSE KIEHL, discussed the
Explanation of Changes (copy on file):
• Requires any loans originated or refinanced by CFAB
using state funds be secured by a limited entry
permit.
• Repeals the lower interest rate for the Commercial
Fishing Revolving Loan Fund on July 1, 2026, instead
of July 1, 2027.
9:36:32 AM
AT EASE
9:36:43 AM
RECONVENED
Co-Chair Hoffman WITHDREW his OBJECTION. There being NO
OBJECTION, it was so ordered.
SB 156 was HEARD and HELD in committee for further
consideration.