On September 24, 2015, the Alaska Industrial Development and Export Authority adopted regulations changes to Title 3 of the Alaska Administrative Code dealing with its loans, bonds and Sustainable Energy Transmission and Supply programs: 3 AAC 99.230(c), 3 AAC 99.330(c), 3 AAC 99.550, 3 AAC 101.030.
The changes related to increases in the limits of taxable and tax-exempt real property loans; the limit of bonds that may be issued to assist in the acquisition, financing or operation of a development project without prior legislative approval; and language regarding qualified energy developments subject to the restrictions of AS 44.88.690(a)(3).
Please refer to the AIDEA website to view the final regulations www.aidea.org/About/Regulations.aspx