Filed by the Lt. Governor, AIDEA Regulations 3 AAC 99.925

Filed Permanent Regulations: Alaska Industrial Development and Export Authority. The authority adopts regulations under AS 44.88.085; that statute provides that the regulations are effective immediately upon adoption. The attached regulation, 3 AAC 99.925, was first adopted as an emergency regulation effective March 27, 2020 and was adopted by the board without changes as a permanent regulation on June 24, 2020. AS 44.88.085(d).

The regulation provides additional regulatory flexibility for the authority to waive or modify restrictions contained in the 3 AAC 99 (commercial and industrial financing), 3 AAC 101 (sustainable energy transmission and supply development program) and 3 AAC 102 (new markets tax credit assistance guarantee and loan program) during a statewide disaster emergency declared by a governor under AS 26.23.020.

The regulations were reviewed and approved by the Department of Law, signed, and filed by the Lieutenant Governor on August 1, 2020. The regulations became effective March 27, 2020. The regulations changes will be published in Register 235, in October, 2020.

Please refer to the AIDEA website to view the final regulations www.aidea.org/About/Regulations.aspx