reglab/housing_qa huggingface dataset:
AK Stat § 44.88.660 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 88. Alaska Industrial Development and Export Authority|Article 8. Sustainable Energy Transmission and Supply.|Sec. 44.88.660. Alaska Industrial Development and Export Authority sustainable energy transmission and supply development fund.

The Alaska Industrial Development and Export Authority sustainable energy transmission and supply development fund is established in the authority. The development fund consists of appropriations made to the development fund by the legislature, money or other assets transferred to the development fund by a vote of the members of the authority under AS 44.88.050 from any other fund controlled by the authority, and unrestricted loan repayments, interest, or other income earned on loans, investments, or assets of the development fund. The development fund is not an account in the revolving fund established in AS 44.88.060, and the authority shall account for the development fund separately from the revolving fund. The authority may create additional accounts in the development fund. Subject to agreements made with the holders of the authority's bonds or with other persons, the authority may transfer amounts in an account in the development fund to another account in the development fund. Amounts deposited in the development fund may be pledged to the payment of bonds of the authority or expended for the purposes of AS 44.88.650 - 44.88.690. The authority has the powers and responsibilities established in AS 37.10.071 with respect to the investment of amounts held in the development fund.
AK Stat § 44.88.670 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 88. Alaska Industrial Development and Export Authority|Article 8. Sustainable Energy Transmission and Supply.|Sec. 44.88.670. Use of fund balance.

Subject to the requirements of AS 44.88.650 - 44.88.690, the authority may use money in the Alaska Industrial Development and Export Authority sustainable energy transmission and supply development fund (AS 44.88.660) to assist in the construction, improvement, rehabilitation, and expansion of qualified energy development.
AK Stat § 44.88.680 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 88. Alaska Industrial Development and Export Authority|Article 8. Sustainable Energy Transmission and Supply.|Sec. 44.88.680. Qualified energy development; powers and duties of the authority.

(a) Subject to the limitations of AS 44.88.690, for qualified energy development, the authority may (1) use the Alaska Industrial Development and Export Authority sustainable energy transmission and supply development fund (AS 44.88.660) to finance qualified energy development, insure project obligations, guarantee loans or bonds, and establish reserves; (2) acquire real or personal property by purchase, transfer, or foreclosure when the acquisition is necessary to protect the authority's interest in financing; (3) defer principal payments or capitalize interest on qualified energy development financing; (4) subject to AS 36.30.085(e), enter into lease agreements, sales-lease-back agreements, build-operate-transfer and operate-transfer agreements, or any similar project financing agreement for a qualified energy development; (5) enter into agreements with government entities for the transfer and control of infrastructure, facilities, rights-of-way, and studies; (6) contract for services with a professional advisor, including an attorney, bond counsel, engineer, or other technical expert necessary to fulfill the purposes of the program; (7) subject to AS 44.88.090, borrow money and issue bonds; and (8) pay off the principal of and interest on bonds issued by a municipality to acquire, construct, improve, or equip a public utility if the municipality continues to pay the authority the bond payments due under the terms of the bonds; the authority shall retain the payments from the municipality in a sinking fund, and the municipality may apply to use the funds for qualified energy development. (b) The authority shall adopt regulations to implement AS 44.88.650 - 44.88.690, including (1) an application process for acquiring financing under this section; (2) qualifications for qualified energy development projects applying for financing under this section; and (3) fiscal controls and accounting procedures for the development fund.
AK Stat § 44.88.690 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 88. Alaska Industrial Development and Export Authority|Article 8. Sustainable Energy Transmission and Supply.|Sec. 44.88.690. Limitations on financing; use as security.

(a) Unless the authority has obtained legislative approval by law, the authority may not use the Alaska Industrial Development and Export Authority sustainable energy transmission and supply development fund established in AS 44.88.660 to (1) make a loan for more than one-third of the capital cost of qualified energy development; (2) make a loan guarantee if the amount of the guarantee exceeds $20,000,000; or (3) purchase or acquire gas reserves or a gas lease or become a working interest owner of a natural gas lease. (b) Financing under AS 44.88.680 is limited to the life of qualified energy development, which may not be more than (1) 30 years; or (2) 50 years for a transmission line or hydroelectric qualified energy development. (c) Notwithstanding (a) of this section, the authority may use the Alaska Industrial Development and Export Authority sustainable energy transmission and supply development fund established in AS 44.88.660 as security for a bond guarantee.
AK Stat § 44.88.700 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 88. Alaska Industrial Development and Export Authority|Article 9. New Markets Tax Credit Assistance Guarantee and Loan Program.|Sec. 44.88.700. New markets tax credit assistance guarantees and loans.

(a) Subject to the requirements of AS 44.88.700 - 44.88.799, the authority may (1) guarantee new markets tax credit assistance leveraged loans; and (2) make new markets tax credit assistance leveraged loans. (b) New markets tax credit assistance guarantees and loans are limited to projects in the state for which new markets tax credits are allocated by a qualified community development entity. (c) The authority shall determine that the project will promote economic development in the state before guaranteeing a leveraged loan or making a leveraged loan under AS 44.88.700 - 44.88.799. (d) The authority may agree to restrictions and guidelines arising from the federal new markets tax credit program, including, for the seven-year tax credit period of the new markets tax credit project, (1) that interest only payments be made on the leveraged loan; (2) that substantially all capital remain invested in the project; (3) that acceptable collateral may be an interest in a qualified community development entity or an investment entity rather than in the project; and (4) substantive restrictions on foreclosure of collateral.
AK Stat § 44.88.710 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 88. Alaska Industrial Development and Export Authority|Article 9. New Markets Tax Credit Assistance Guarantee and Loan Program.|Sec. 44.88.710. Effect of guarantee.

(a) A guarantee under AS 44.88.700 - 44.88.799 does not create a debt or liability of the state. (b) A guarantee under AS 44.88.700(a)(1) may not be terminated, cancelled, or revoked except under its terms. A guarantee held by a participating financial institution is presumed to be valid.
AK Stat § 44.88.715 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 88. Alaska Industrial Development and Export Authority|Article 9. New Markets Tax Credit Assistance Guarantee and Loan Program.|Sec. 44.88.715. Qualifications of applicant for new loan guarantee.

(a) A business enterprise that qualifies for new markets tax credits for a project may apply for a loan guarantee under AS 44.88.700(a)(1). (b) The authority may establish additional applicant qualifications by regulation. Those qualifications may vary depending on the type of business in which the applicant is engaged.
AK Stat § 44.88.720 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 88. Alaska Industrial Development and Export Authority|Article 9. New Markets Tax Credit Assistance Guarantee and Loan Program.|Sec. 44.88.720. Application for loan guarantee.

An applicant for a loan guarantee shall provide information that the authority may require by regulation. The authority may require submission of an economic benefit analysis prepared by a person acceptable to the authority.
AK Stat § 44.88.730 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 88. Alaska Industrial Development and Export Authority|Article 9. New Markets Tax Credit Assistance Guarantee and Loan Program.|Sec. 44.88.730. Conditions of loan guarantee.

(a) The authority may guarantee a loan under AS 44.88.700 - 44.88.799 if the (1) loan (A) is commercially reasonable; (B) contains payment provisions satisfactory to the authority; and (C) is secured by acceptable collateral; (2) project (A) is allocated new markets tax credits by a qualified community development entity; (B) promotes economic development in the state; and (C) is not a housing project; (3) borrower demonstrates the ability to repay the loan from either or both of the following: (A) net cash flow of the borrower; (B) proceeds from the sale of current assets that are collateral for the loan if the sale or receipt of proceeds from the sale is an event that creates a payment obligation; in this subparagraph, “current asset” means property that will be or could be converted into cash within one year in the normal operation of a business; (4) term of the loan does not exceed 10 years; (5) loan is originated with and serviced by a financial institution. (b) The authority may provide a guarantee for up to 100 percent of a loan that qualifies under AS 44.88.700 - 44.88.799.
AK Stat § 44.88.740 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 88. Alaska Industrial Development and Export Authority|Article 9. New Markets Tax Credit Assistance Guarantee and Loan Program.|Sec. 44.88.740. Servicing of guaranteed loans.

(a) The financial institution that holds a loan guaranteed by the authority under AS 44.88.700 - 44.88.799 shall (1) service the loan; (2) exercise diligence in collecting amounts due under the loan; and (3) comply with all requirements of the loan guarantee agreement. (b) Amounts received toward satisfaction of a default on a loan guaranteed under AS 44.88.700 - 44.88.799 shall be allocated between the lender and the revolving fund according to the guaranteed percentage of the loan until the principal balance and accrued interest have been repaid.
AK Stat § 44.88.750 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 88. Alaska Industrial Development and Export Authority|Article 9. New Markets Tax Credit Assistance Guarantee and Loan Program.|Sec. 44.88.750. New markets tax credit assistance leveraged loan.

(a) The authority may make a new markets tax credit assistance leveraged loan under AS 44.88.700(a)(2) only if the authority determines that an applicant for a new markets tax credit assistance guarantee is unable to obtain a leveraged loan from a financial institution under commercially reasonable terms. Before making the determination, the authority shall require the applicant to document that at least two financial institutions have reviewed an application for a leveraged loan for which the authority would issue a new markets tax credit assistance guarantee for the loan, and either rejected the application or approved the application subject to terms the authority determines are commercially unreasonable. The authority may require the applicant to submit applications for a leveraged loan to one or more additional financial institutions. (b) Subject to (a) of this section, the authority may make a new markets tax credit assistance leveraged loan under AS 44.88.700 - 44.88.799 to the applicant to finance a portion of the project using funds from the enterprise development account (AS 44.88.155).
AK Stat § 44.88.760 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 88. Alaska Industrial Development and Export Authority|Article 9. New Markets Tax Credit Assistance Guarantee and Loan Program.|Sec. 44.88.760. Limitations of guarantees and leveraged loans.

The combined outstanding principal balance of loan guarantees and loans under AS 44.88.700 - 44.88.799 may not exceed $40,000,000.
AK Stat § 44.88.770 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 88. Alaska Industrial Development and Export Authority|Article 9. New Markets Tax Credit Assistance Guarantee and Loan Program.|Sec. 44.88.770. Powers of the authority.

The authority may (1) adopt regulations to implement AS 44.88.700 - 44.88.799; (2) establish terms and conditions for loan guarantees and loans, subject to the requirements of AS 44.88.700 - 44.88.799; (3) make and execute contracts and other instruments to implement AS 44.88.700 - 44.88.799; (4) charge reasonable fees and interest rates that the authority may establish by regulation for the service it provides under AS 44.88.700 - 44.88.799; (5) acquire real or personal property by purchase, transfer, or foreclosure when the acquisition is necessary to protect the authority's interest in a loan or a loan guarantee; (6) exercise any other power necessary to implement AS 44.88.700 - 44.88.799; and (7) to the extent the authority considers it to be in its best interest to do so, use money to pay expenses relating to the liquidation of collateral securing loans guaranteed or made by the authority under AS 44.88.700 - 44.88.799.
AK Stat § 44.88.799 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 88. Alaska Industrial Development and Export Authority|Article 9. New Markets Tax Credit Assistance Guarantee and Loan Program.|Sec. 44.88.799. Definitions.

In AS 44.88.700 - 44.88.799, (1) “federal new markets tax credit program” means the program administered by the Community Development Financial Institutions Fund that arises out of 26 U.S.C. 45D (Internal Revenue Code) and related regulations; (2) “new markets tax credit” means tax credits that arise out of 26 U.S.C. 45D (Internal Revenue Code) and related regulations; (3) “new markets tax credit assistance leveraged loan” and “leveraged loan” mean a loan made into an investment entity, the proceeds of which, together with other funds, including tax credit equity, are invested as a qualified equity investment in a qualified community development entity that will use the funds to finance a project for which the entity allocates new markets tax credits; (4) “qualified community development entity” has the meaning given in 26 U.S.C. 45D(c) (Internal Revenue Code) and related regulations; (5) “qualified equity investment” means an equity investment in a qualified community development entity that satisfies the conditions described in 26 U.S.C. 45D(b) (Internal Revenue Code) and related regulations.
AK Stat § 44.88.800 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 88. Alaska Industrial Development and Export Authority|Article 10. Arctic Infrastructure Development.|Sec. 44.88.800. Arctic infrastructure development program.

The Arctic infrastructure development program is created in the authority to promote and provide financing for Arctic infrastructure development.
AK Stat § 44.88.810 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 88. Alaska Industrial Development and Export Authority|Article 10. Arctic Infrastructure Development.|Sec. 44.88.810. Arctic infrastructure development fund.

The Arctic infrastructure development fund is established in the authority. The fund consists of appropriations made to the fund by the legislature, money or other assets transferred to the fund by a majority vote of the members of the authority under AS 44.88.050 from any other fund controlled by the authority, and unrestricted loan repayments, interest, or other income earned on loans, investments, or assets of the fund. The fund is not an account in the revolving fund established in AS 44.88.060, and the authority shall account for the fund separately from the revolving fund. The authority may create additional accounts in the fund. Subject to agreements made with the holders of the authority's bonds or with other persons, the authority may transfer amounts in an account in the fund to another account in the fund. Amounts deposited in the fund may be pledged to the payment of bonds of the authority or expended for the purposes of AS 44.88.800 - 44.88.840. The authority has the powers and responsibilities established in AS 37.10.071 with respect to the investment of amounts held in the fund.
AK Stat § 44.88.820 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 88. Alaska Industrial Development and Export Authority|Article 10. Arctic Infrastructure Development.|Sec. 44.88.820. Use of fund balance.

Subject to the requirements of AS 44.88.800 - 44.88.840, the authority may use money in the Arctic infrastructure development fund (AS 44.88.810) for Arctic infrastructure development.
AK Stat § 44.88.830 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 88. Alaska Industrial Development and Export Authority|Article 10. Arctic Infrastructure Development.|Sec. 44.88.830. Qualified infrastructure development; powers and duties of the authority.

(a) Subject to the limitations of AS 44.88.840, for Arctic infrastructure development, the authority may (1) use the Arctic infrastructure development fund (AS 44.88.810) to finance Arctic infrastructure development, insure project obligations, guarantee loans or bonds, and establish reserves; (2) acquire real or personal property by purchase, transfer, or foreclosure when the acquisition is necessary to protect the authority's interest in financing; (3) defer principal payments or capitalize interest on Arctic infrastructure development; (4) subject to AS 36.30.085(e), enter into lease agreements, sales-lease-back agreements, build-operate-transfer and operate-transfer agreements, or any similar project financing agreement for a qualified Arctic infrastructure development; (5) enter into agreements with government entities for the transfer and control of infrastructure, facilities, rights-of-way, and studies; (6) contract for services with a professional advisor, including an attorney, bond counsel, engineer, or other technical expert necessary to fulfill the purposes of the program; and (7) subject to AS 44.88.090, borrow money and issue bonds. (b) The authority shall adopt regulations to implement AS 44.88.800 - 44.88.840, including (1) a process for acquiring financing under this section; (2) qualifications for Arctic infrastructure development projects applying for financing under this section; and (3) fiscal controls and accounting procedures for the fund.
AK Stat § 44.88.840 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 88. Alaska Industrial Development and Export Authority|Article 10. Arctic Infrastructure Development.|Sec. 44.88.840. Limitations on financing.

(a) Unless the authority has obtained legislative approval by law, the authority may not use the Arctic infrastructure development fund established in AS 44.88.810 to make (1) a loan for more than one-third of the capital cost of an Arctic infrastructure development; or (2) a loan guarantee if the amount of the guarantee exceeds $20,000,000. (b) Financing under AS 44.88.830 is limited to the projected life of the Arctic infrastructure development, which may not be more than 40 years. (c) Notwithstanding (a) of this section, the authority may use the Arctic infrastructure development fund established in AS 44.88.810 as security for a bond guarantee. (d) The authority may guarantee a loan under AS 44.88.830 if the loan is made to a business with a majority interest held by state residents.
AK Stat § 44.99.002 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 99. Miscellaneous Provisions and Policies|Article 1. Miscellaneous Provisions.|Sec. 44.99.002. Employment of radio stations.

The governor may employ one or more radio stations, located south of the Gulf of Alaska and suitable for distribution of news, executive proclamations and inquiries, information concerning the state, general information, and other matters suitable for broadcasting that the governor prescribes and that may be of service and benefit to the people to be served.
AK Stat § 44.99.003 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 99. Miscellaneous Provisions and Policies|Article 1. Miscellaneous Provisions.|Sec. 44.99.003. Qualifications of radio station.

A radio station used for the purposes set out in AS 44.99.002 shall (1) be licensed by the appropriate agency of the federal government to operate a broadcasting station of not less than 250 watt capacity in the state; (2) have operated radio broadcasting continuously for a least one year before the date of its employment by the governor and during this period have broadcast daily radio programs totaling at least 75 hours in each month; (3) have broadcast programs that have been received by the public over long wave radio receivers over a radius of at least 300 miles from the broadcasting station, and on demand shall furnish letters from the radio audience confirming reception within the required area; (4) have invested at least $20,000 in real estate, buildings, transmitters, power equipment, antenna, radio masts, musical instruments, office equipment and other property, used or useful in the operation of the radio station exclusively.
AK Stat § 44.99.004 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 99. Miscellaneous Provisions and Policies|Article 1. Miscellaneous Provisions.|Sec. 44.99.004. Prescribing proof of capacity and suitability of station and of service and allotment of radio time.

The governor shall prescribe the proof required of the capacity and suitability of a station for broadcasting. The governor may prescribe the service to be given, except that the state may, at its option, use not less than six hours of the station's time on the air for each $100 paid for the service. The total time to which the state is entitled shall be distributed over the period of one year. Not more than one hour may be used in any one day and not more than one-fifty-second of the total time in any one week. The governor may yield portions of the governor's allotted use of time to the University of Alaska or to state officials. A state official, except the governor, may not be allotted or use time within 30 days before a primary or general election.
AK Stat § 44.99.005 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 99. Miscellaneous Provisions and Policies|Article 1. Miscellaneous Provisions.|Sec. 44.99.005. Cost of radio service.

The cost of the radio service is a lawful charge against the state treasury if the owner or operator of the station files an affidavit that the station has during the period covered by payment complied with AS 44.99.002 - 44.99.005 and has furnished the service.
AK Stat § 44.99.006 (2021)
2021 Alaska Statutes|Title 44. State Government|Chapter 99. Miscellaneous Provisions and Policies|Article 1. Miscellaneous Provisions.|Sec. 44.99.006. Agreement for an Alaska Maritime Academy.

The governor may enter into an agreement with the Federal Maritime Administration to provide for an Alaska Maritime Academy.