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AK HB354

Bill

Status

Passed

7/9/2010

Primary Sponsor

Wes Keller

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Origin

House of Representatives

26th Legislature

AI Summary

  • Amends AS 44.33.665(a) to modify eligibility requirements for loans from the Alaska capstone avionics revolving loan fund
  • Expands loan eligibility to include aircraft lessees in addition to aircraft owners
  • Requires applicants to own or lease an aircraft that logs a substantial percentage of flight hours in Alaska as determined by the department
  • Specifies eligible applicant types: individuals, corporations, partnerships, limited liability corporations, limited liability partnerships, limited liability companies, joint ventures, and nonfederal governmental entities

Legislative Description

Ak Capstone Avionics Revolving Loan Fund

Transportation

Last Action

EFFECTIVE DATE(S) OF LAW 9/13/10

7/9/2010

Committee Referrals

Labor & Commerce2/19/2010

Full Bill Text

No bill text available