HB 354: "An Act relating to eligibility for loans from the Alaska capstone avionics revolving loan fund."
00 HOUSE BILL NO. 354 01 "An Act relating to eligibility for loans from the Alaska capstone avionics revolving loan 02 fund." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 44.33.665(a) is amended to read: 05 (a) For an applicant to be eligible for a loan under AS 44.33.650 - 44.33.690, 06 the applicant must be the owner or lessee of an aircraft that logs a substantial 07 percentage of flight hours in the state as determined by the department. For purposes 08 of this subsection, an applicant may be an individual, corporation, partnership, limited 09 liability corporation, limited liability partnership, limited liability company, joint 10 venture, or nonfederal governmental entity.