Session: State Capitol, Room 214 Juneau, AK 99801-1182 Toll Free: (800) 565-3742 Phone: (907) 465-3743 Fax: (907) 465-2381 Personal Web Site: www.repjames.org Interim: post office: PO Box 56622 North Pole, AK 99705 Phone: (907) 488-9339 Fax: (907) 488-4271 location: 3340 Badger Road Beaver Brook Mall, Suite 290 North Pole, AK 99705 Phone: (907) 488-1546

Sponsor Statement for HB 249
Agricultural Revolving Loan Fund Property Disposal

An Act relating to disposal of certain property acquired by the agricultural revolving loan fund.

This bill corrects an oversight in last year's HB 116 which created the Board of Agriculture and Conservation. In September 2000 the board was selected and has been meeting on a monthly basis ever since.

The Board and its attorney from the Department of Law were in the second phase of drafting regulations authorized by the new statute, when they discovered a glitch:

HB 116 contained numerous sections indicating where the new Board was to take over duties of the Department of Natural Resources Commissioner's Office, but one was overlooked!

House Bill 249 corrects that oversight and allows the new Board of Agriculture and Conservation to continue functioning in accordance with original legislative intent.

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