HB 273-AHFC MAKE/PURCHASE MORTGAGE LOANS                                                                        
                                                                                                                                
3:20:02 PM                                                                                                                    
                                                                                                                                
CHAIR SUMNER announced that the  first order of business would be                                                               
HOUSE BILL NO.  273, "An Act relating to the  power of the Alaska                                                               
Housing Finance Corporation to make or purchase mortgage loans."                                                                
                                                                                                                                
3:20:11 PM                                                                                                                    
                                                                                                                                
CHAIR SUMNER moved to adopt Amendment 1 to HB 200, Labeled 33-                                                                  
GH2318\A.1, Walsh, 2/5/24, which read as follows:                                                                               
                                                                                                                                
     Page 1, line 2, following "loans":                                                                                       
         Insert "; and providing for an effective date"                                                                       
                                                                                                                              
     Page 3, following line 3:                                                                                                  
          Insert a new bill section to read:                                                                                    
       "* Sec. 2. This Act takes effect immediately under                                                                   
     AS 01.10.070(c)."                                                                                                          
                                                                                                                                
REPRESENTATIVE FIELDS objected for the purpose of discussion.                                                                   
                                                                                                                                
CHAIR SUMNER  explained that Amendment 1  only contains effective                                                               
date language.                                                                                                                  
                                                                                                                                
REPRESENTATIVE  FIELDS  removed  his objection.  There  being  no                                                               
further objection, Amendment 1 was adopted.                                                                                     
                                                                                                                                
3:20:38 PM                                                                                                                    
                                                                                                                                
CHAIR   SUMNER  opened   public  testimony   on  HB   273.  After                                                               
ascertaining  that there  was no  one who  wished to  testify, he                                                               
closed public testimony.                                                                                                        
                                                                                                                                
3:21:03 PM                                                                                                                    
                                                                                                                                
REPRESENTATIVE RUFFRIDGE moved to report  HB 273, as amended, out                                                               
of   committee   with    individual   recommendations   and   the                                                               
accompanying  fiscal notes.  There being  no objection,  CSHB 273                                                               
(L&C) was reported  out of the House Labor  and Commerce Standing                                                               
Committee.