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AK SB71
Bill
AI Summary
- Increases the loan limit for borrowers under AS 16.10.310(a)(1)(A) from $300,000 to $400,000
- Consolidates the two separate loan limits for entry permit purchases and other loans under AS 16.10.310(a)(1)(B) into a single $200,000 limit
- Increases the loan limit for borrowers under AS 16.10.310(a)(1)(C) from $300,000 to $400,000
- Increases the loan limit for borrowers under AS 16.10.310(a)(1)(F) from $300,000 to $400,000
- Maintains existing limits for community quota entity loans at $2,000,000 per community and overall borrower limit of $400,000 (excluding community quota entity loans)
Legislative Description
Commercial Fishing Loans
Fish & Game (fish)
Last Action
REFERRED TO FINANCE
3/22/2017
Committee Referrals
Finance3/22/2017
Labor & Commerce2/27/2017
Full Bill Text
No bill text available