CS FOR HOUSE BILL NO. 297(FIN) "An Act recognizing the Alaska Housing Finance Corporation as the authorizing agency to approve home energy rating systems for the state; and providing for an effective date." 2:52:41 PM REPRESENTATIVE LANCE PRUITT, introduced HB 297. He stated that the Alaska Finance Housing Corporation (AHFC) was the state's home energy rating system authorizing agency for the purpose of approving home energy rating systems in the state. He relayed that the bill sought to protect the state's investment via AHFC in developing its own rating system, AkWarm. He shared that the AkWarm system had been in use since 1996, and was designed specifically for the unique climate and environment of Alaska. The bill would highlight that AHFC was the authorizing agency in charge of approving Home Energy Rating Systems (HERS). 2:54:19 PM Senator Dunleavy inquired whether and authorizing agency was currently recognized. Representative Pruitt said no. Co-Chair Meyer noted the zero fiscal note. He inquired whether there were federal funds available to assist this program. DIRK CRAFT, STAFF, REPRESENTATIVE LANCE PRUITT, responded that the intent of the bill was to protect any potential federal funds. 2:56:25 PM ROBERT BREAN, DIRECTOR, RESEARCH AND RURAL DEVELOPMENT, ALASKA HOUSING FINANCE CORPORATION (AHFC), added that the corporation did not receive additional federal funds as a result of exercising the program, but by formula AHFC received approximately 300 thousand dollars from the United States Department of Energy. The corporation anticipated that to use any federal funds on an analysis of any rating systems introduced that might benefit the state. 2:57:09 PM Senator Bishop wondered whether AHFC would interface with the Cold Climate Research Housing in Fairbanks as it developed the regulations. Mr. Brean replied that it was possible. He said that AHFC had extended a great deal of time and energy developing the current software rating system. He relayed that the current system had weather regimes and weather systems built in as well as construction techniques in the state. He concluded that AHFC planned on working closely with Cold Climate Housing on the project. Co-Chair Meyer CLOSED public testimony. 2:59:07 PM HB 297(FIN) was HEARD and HELD in committee for further consideration.