Legislature(2003 - 2004)
2003-08-20 House JournalFull Journal pdf
2003-08-20 House Journal Page 2249 HB 9 The following letter dated July 9, 2003, was received: "Dear Speaker Kott: Under the authority of art. II, sec. 17, of the Alaska Constitution, I have let the following bill become law without signature: SENATE CS FOR CS FOR HOUSE BILL NO. 9(FIN) "An Act relating to the registration of individuals who perform home inspections; relating to regulation of contractors; relating to registration fees for specialty contractors, home inspectors, and associate home inspectors; relating to home inspection requirements for residential loans purchased or approved by the Alaska Housing Finance Corporation; relating to civil actions by and against home inspectors and to civil actions arising from residential unit inspections; repealing a law that limits liability for damages based on a duty to inspect a residential unit to damages caused by gross negligence or intentional misconduct; and providing for an effective date." Chapter No. 134, SLA 2003 [Effective Date: See Chapter] I believe this bill could impose additional costs and burdens on the tightly regulated industry of real estate transactions. Under the bill, a person would not be able to perform a home inspection within the state unless that person meets the new requirements and becomes certified as a registered home inspector by the State of Alaska. As admitted in public testimony, nearly all parts of real estate transactions are currently regulated in Alaska. This is evidenced by the number of pages and complexity of paperwork involved in such transactions. Banks and other lenders currently require various reports for which buyers and sellers pay fees during home sales. Adding home inspectors to the list of state regulated industries may create an unnecessary level of intrusion in the sale of homes. It could likely 2003-08-20 House Journal Page 2250 result in higher inspection fees and higher overall costs for both buyers and sellers of residential properties. It was stated in the legislative record that the intent of the bill is to provide needed protection to consumers who are considering purchasing a new home. It is my hope the intended result will be achieved. However, I believe in the minds of many Alaskans the added cost to the consumers and the state, and additional government intrusion into this area, may not rise to the level of a compelling public need. For these reasons, I have not signed SCS CSHB 9(FIN) and have allowed it to become law without my signature. Sincerely, /s/ Frank H. Murkowski Governor"