Session: State Capitol, Room 427 Juneau, AK 99801-1182 Phone: (907) 465-2828 Fax: (907) 465-4779 Interim: 35477 Kenai Spur Highway, Suite 101 B Soldotna, AK 99669 Phone: (907) 260-3041 Fax: (907) 260-3044 345 W. Sterling Highway, Suite 102 Homer, AK 99603 Phone: (907) 235-0690 Fax: (907) 235-4008

Sponsor Statement for SB 2
Municipal School Bond Reimbursement

An Act relating to reimbursement of municipal bonds for school construction; and providing for an effective date.

Released: February 2, 2001

During the 21st Legislative Session, HB 281 passed, which provided for bond reimbursement for various purposes, including municipal school construction. Unfortunately, there was a verbiage problem with the timeframe in the existing statute that was not brought to the attention of the Legislature by the Department of Education.

That timeframe resulted in the ineligibility of some school construction projects that had been approved by the voters. This bill remedies that problem by deleting the timeframe reference.

I urge your support for this bill, which corrects an inadvertent time frame error in the previous legislation.

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Attachments:

• Print Friendly Version
  requires Adobe Acrobat Reader - 1 page(s) - 38 K
• Anchorage Daily News Article., 05-25-00
  (Requires Adobe Acrobat - 2 page(s) - 284 K)
• Letter of Support from Northwest Arctic Borough School District., 01-31-01
  (Requires Adobe Acrobat - 2 page(s) - 80 K)
• Letter of Support from Anchorage School District., 02-01-01
  (Requires Adobe Acrobat - 2 page(s) - 138 K)

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