Bulk Fuel Loans/Power Project Fund
|Signed Into Law! Chapter 46 SLA 12|
Sponsored by Rep. Bryce Edgmon
Co-Sponsors: Rep. Foster, Rep. Herron, Rep. Guttenberg, Sen. Hoffman, Rep. Olson, Sen. Kookesh, Sen. Wagoner, Sen. Dyson, Sen. Menard, Sen. Egan, Sen. Paskvan, Sen. Davis, Sen. McGuire, Sen. Stedman, Sen. Ellis, Rep. Thomas, Sen. Meyer, Sen. Wielechowski, Sen. Stevens, Sen. French
“An Act relating to the power project fund and to the bulk fuel revolving loan fund; establishing a bulk fuel loan account and making the bulk fuel loan account and the bulk fuel bridge loan account separate accounts in the bulk fuel revolving loan fund; providing for technical assistance to rural borrowers under the bulk fuel bridge loan program; relating to the administration and investment of the bulk fuel revolving loan fund by the division in the Department of Commerce, Community, and Economic Development responsible for community and regional affairs; and providing for an effective date.”
Posted: March 21, 2011 : v27-LS529-B
This proposed legislation will move the Bulk Fuel Revolving Loan Fund (BFRLF) from the Alaska Energy Authority (AEA) to the Division of Community & Regional Affairs (DCRA), which will mean both the BFRLF and the bulk fuel bridge loan program will be housed in the same division.
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