HB 291-GUARANTEED REVENUE BONDS FOR VETERANS                                                                      
                                                                                                                                
1:02:30 PM                                                                                                                    
                                                                                                                                
CHAIR GATTO announced  that the first order of  business would be                                                               
HOUSE BILL  NO. 291, "An Act  relating to the issuance  of state-                                                               
guaranteed   revenue  bonds   by  the   Alaska  Housing   Finance                                                               
Corporation  to finance  mortgages for  qualifying veterans;  and                                                               
providing for an effective date."                                                                                               
                                                                                                                                
1:02:44 PM                                                                                                                    
                                                                                                                                
DAN  FAUSKE,  CEO/Executive   Director,  Alaska  Housing  Finance                                                               
Corporation  (AHFC), Department  of Revenue  (DOR), informed  the                                                               
committee that he met with  Representatives Kawasaki and Petersen                                                               
to answer their questions.                                                                                                      
                                                                                                                                
1:04:23 PM                                                                                                                    
                                                                                                                                
REPRESENTATIVE  TAMMIE  WILSON moved  to  report  HB 291  out  of                                                               
committee  with individual  recommendations and  the accompanying                                                               
fiscal notes.  There being no  objection, HB 291 was reported out                                                               
of the House Special Committee  on Military and Veterans' Affairs                                                               
as written.