Legislature(2001 - 2002)
02/12/2002 03:40 PM Senate STA
| Audio | Topic |
|---|
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
SJR 31-TAX EXEMPT BONDS TO FUND VETERANS LOANS
CHAIRMAN THERRIAULT announced there was a proposed CS in
committee member's packets.
SENATOR JERRY WARD, sponsor, explained this resolution urges the
United States Congress to support H.R. 959 and S. 615 to amend
the Internal Revenue code to allow veteran home loans to be
issued to veterans that have served after 1977.
CHAIRMAN THERRIAULT said his staff has spoken with Senator Ward's
staff to discuss the proposed CS. First, a reference was
corrected and then one "WHEREAS" was deleted. His view is that
they are asking Congress for favorable action on the H.R. 959 and
S. 615 so any hint of antagonism should be avoided.
SENATOR WARD endorsed the CS then said:
However, in the eyes of some veterans, I believe
that some past Congresses have been very
antagonistic and not supportive of veterans. For
veterans to place their life on the line and for
Congress not to do something as simple as home
ownership, yes, I might be a little bit disturbed
in their action in the past and many veterans are
too. However, I don't mind being polite if it
gets the job accomplished.
SENATOR THERRIAULT said that is what he is trying to keep in
mind.
He asked whether members had questions for John Bitney of AHFC
regarding the housing loan method and there were none.
He extended his apologies to Senator Ward for not giving him a
copy of the CS earlier but the draft amendment was finished just
before the meeting convened. The CS simply changes the tone of
the "WHEREAS" on page 2 lines 15 through 18. The amendment reads
as follows:
BE IT RESOLVED that the Alaska State Legislature
th
respectfully urges the 107 United States Congress to
support H.R. 959 and S. 615 to remove the portion of
the Internal Revenue Code which restricts access to
state veterans' home loan programs for veterans who
served after 1976 so they and their families may enjoy
the same benefits as their earlier counterparts.
SENATOR PHILLIPS made a motion to adopt the committee substitute
22-LS097\C Cook 2/12/02 as the working document. There being no
objection, the motion was adopted.
SENATOR PHILLIPS made a motion to adopt the proposed amendment
#1. There being no objection, amendment #1 was adopted.
There was no additional testimony.
CHAIRMAN THERRIAULT called attention to the zero fiscal note.
There were no further questions or amendments.
He asked for the will of the committee.
SENATOR PHILLIPS made a motion to move CSSJR 31(STA) and zero
fiscal note from committee with individual recommendations.
There being no objection, CSSJR 31(STA) and fiscal note moved
from committee with individual recommendations.
| Document Name | Date/Time | Subjects |
|---|