Alaska 31st Legislature (2019-2020) Status: Passed House Bipartisan · 1 R · 1 D cosponsors

HB 268 — An Act relating to the Alaska Municipal Bond Bank Authority.

Last action — (S) Referred to FINANCE

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 31st Legislature (2019-2020). It reached “Passed House” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

Bill Text

What changed in the latest version

4 added · 4 removed

Plain-language change summary

The proposed changes to House Bill 268 expand the amount of money the Alaska Municipal Bond Bank Authority can lend for capital projects. Specifically, the limit for issuing bonds for a single project has increased from $102.5 million to $250 million. This change allows for larger financing options, which can help municipalities and regional health organizations more effectively fund significant projects such as infrastructure and services, ultimately supporting community development across Alaska.

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Alaska State Legislature The Alaska State Legislature menu Home Senate Current Members Past Members By Session Alphabetical House Current Members Past Members By Session Alphabetical Bills & Laws Bills All Introduced Actions by Date Awaiting Actions Bills sent to Conf Committee Bills in Committee Governor's Vetoes Passed Legislation Prefile Bill Summary Requestor Summary Statistics Sponsor Summary Subject Summary Laws Constitution Constitutional Convention Files Statutes Executive Orders - Current Executive Orders - Historical Administrative Code Journals Session Laws & Resolves Session Laws & Resolves 2019 Session Laws & Resolves 2020 - Previous Year Session Law - Previous Year Legislative Resolves Tools Statute Information Retrieval System Bill Tracking Management Facility Past Legislatures (Archives) Committees Hearing Schedule Standing Committees Finance Committees Special Committees Joint Committees Conference Committees Other Committees Minutes Publications Get Started Information Offices Legislative Affairs Legislative Agencies Links Legislative Branch Executive Branch Judicial Branch Alaska Delegation Home Bill & Laws Bills HB 268 Detail FullText txt HB 268:
"An Act relating to the Alaska Municipal Bond Bank Authority." CS FOR HOUSE BILL NO.
"An Act relating to the Alaska Municipal Bond Bank Authority." HOUSE BILL NO.
268(FIN) 01 "An Act relating to the Alaska Municipal Bond Bank Authority." 02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:
268 01 "An Act relating to the Alaska Municipal Bond Bank Authority." 02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:
or 15 (5) issue bonds or notes to a regional health organization unless 16 (A) [THE BOND BANK AUTHORITY FINANCES NOT 17 MORE THAN 49 PERCENT OF A PROJECT;
or 15 (5) issue bonds or notes to a regional health organization unless 16 [(A) THE BOND BANK AUTHORITY FINANCES NOT 17 MORE THAN 49 PERCENT OF A PROJECT;
18 (B)] the remaining costs of a project are secured or delivered to 19 the bond bank authority before the bond bank authority provides financing 20 [UNDER (A) OF THIS PARAGRAPH];
18 (B)] the remaining costs of a project are secured or delivered to 19 the bond bank authority before the bond bank authority provides financing 20 [UNDER (A) OF THIS PARAGRAPH;
and 21 (B) [(C)] the bonds or notes do not exceed $250,000,000 22 [$102,500,000] for a single project.
AND 21 (C) THE BONDS OR NOTES DO NOT EXCEED 22 $102,500,000 FOR A SINGLE PROJECT].
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Action History

  1. (S) Referred to FINANCE

  2. (S) FIN

  3. (S) Read the first time - REFERRALS

  4. (H) VERSION: CSHB 268(FIN)

  5. (H) TRANSMITTED TO (S)

  6. (H) COSPONSOR(S): KOPP, STORY

  7. (H) PASSED ON RECONSIDERATION Y33 N4 E3

  8. (H) RECON TAKEN UP SAME DAY UC

  9. (H) RAUSCHER NOTICE OF RECONSIDERATION

  10. (H) PASSED Y31 N5 E3 A1

  11. (H) Read the third time CSHB 268(FIN)

  12. (H) ADVANCED TO THIRD READING 3/23 CALENDAR

  13. (H) FIN CS ADOPTED UC

  14. (H) Read the second time

  15. (H) RULES TO CALENDAR 3/21/2020

  16. (H) Minutes (HFIN)

  17. (H) Moved CSHB 268(FIN) Out of Committee

  18. (H) FINANCE at 09:00 AM ADAMS 519

  19. (H) FN2: (REV)

  20. (H) FN1: INDETERMINATE(UA)

  21. (H) NR: CARPENTER, TILTON, MERRICK, JOSEPHSON

  22. (H) DP: ORTIZ, LEBON, JOHNSTON, FOSTER

  23. (H) FIN RPT CS(FIN) 4DP 4NR

  24. (H) Minutes (HFIN)

  25. (H) Scheduled but Not Heard -- Delayed to 3:15 pm --

  26. (H) FINANCE at 01:30 PM ADAMS 519

  27. (H) Minutes (HFIN)

  28. (H) Heard & Held

  29. (H) FINANCE at 09:00 AM ADAMS 519

  30. (H) FIN

  31. (H) Read the first time - REFERRALS

Sponsors

Sponsorship breakdown

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1 sponsors · 2 co-sponsors · 62 not signed on

Sponsors (1)

  • LEBON

Co-sponsors (2)

Not signed on (62)

62 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Subjects

finance education energy
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Frequently asked questions

Who sponsors HB 268?
HB 268 is sponsored by LEBON, Chuck Kopp (R), and Andi Story (D).
What is the current status of HB 268?
This bill died with 31st Legislature (2019-2020). It reached “Passed House” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 268?
Track HB 268 free on One Click Politics — get push/email alerts when it moves.

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