Loading chat...
AK SB84
Bill
AI Summary
-
Increases the Alaska Industrial Development and Export Authority's 12-month bond issuance limit from $300,000,000 to $400,000,000, excluding refunding and conduit revenue bonds.
-
Extends the deadline for legislative approval of bonds over $10,000,000 for development projects from July 1, 2007 to July 1, 2014.
-
Makes records and information confidential upon request if the applicant or borrower demonstrates adequate necessity, including income tax returns, financial statements, credit reports, trade secrets, appraisals, and market surveys.
-
Clarifies that confidential records and information are not public records under Alaska law and adds "trade secret" definition referencing AS 45.50.940.
-
Changes the statute heading from "Confidentiality of information" to "Confidentiality of records and information" and takes effect July 1, 2009.
Legislative Description
Aidea: Bonding Limits; Confidentiality
Public Corporations
Last Action
REFERRED TO FINANCE
2/27/2009