HOUSE BILL 281                                                               
                                                                               
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       "An  Act  ratifying  an  agreement  between the  Alaska                 
       Housing  Finance Corporation  and  the commissioner  of                 
       revenue and making  certain pledges  to obliges of  the                 
       corporation regarding  that agreement; relating  to the                 
       authorization  for  and the  issuance  of bonds  by the                 
       Alaska Housing Finance Corporation to pay for the costs                 
       of  repair   and  rehabilitation  of   student  housing                 
       facilities  of the University  of Alaska; and providing                 
       for an effective date."                                                 
                                                                               
  HOUSE BILL 309                                                               
                                                                               
       "An Act approving  the University of Alaska's  plans to                 
       enter into long-term obligations  to borrow money  from                 
       the  Alaska   Housing  Finance   Corporation  for   the                 
       acquisition   of   student   housing  facilities;   and                 
       providing for an effective date."                                       
                                                                               
  SARA FISHER, STAFF, REPRESENTATIVE GENE THERRIAULT, provided                 
  an explanation of the changes  contained in the work  drafts                 
  LS1076\K, Chenoweth, 5/7/95 for CS HB 309.                                   
                                                                               
  Representative  Therriault,  Subcommittee  Chair, MOVED  the                 
  committee substitute  work draft for  HB 281 as  the version                 
  before  the Committee.   There  being  NO OBJECTION,  it was                 
  adopted.                                                                     
                                                                               
  Representative  Therriault MOVED to  report out of Committee                 
  CS HB 281 (FIN) with individual recommendations and with the                 
  accompanying fiscal notes.   There  being NO OBJECTIONS,  it                 
  was so ordered.                                                              
                                                                               
  CS HB  281 (FIN) was  reported out of  Committee with  a "do                 
  pass"  recommendation  and   with  a  fiscal  note   by  the                 
  Department of Revenue  dated 3/24/95 and a zero fiscal notes                 
  by  the  Statewide  Budget  Office  dated  3/24/95  and  the                 
  Department of Revenue dated 3/24/95.                                         
                                                                               
  Representative  Therriault  MOVED  the committee  substitute                 
  work draft for HB  309 as the version before  the Committee.                 
  There being NO OBJECTIONS, it was adopted.                                   
                                                                               
  Representative Therriault MOVED  to report  CS HB 309  (FIN)                 
  out of  Committee with individual  recommendations and  with                 
  the accompanying fiscal note.  There being NO OBJECTIONS, it                 
  was so ordered.                                                              
                                                                               
  CS HB  309 (FIN) was  reported out  of Committee with  a "do                 
  pass" recommendation and with a fiscal note by the Statewide                 
  Budget Office dated 4/21/95.                                                 
                                                                               
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