Alaska Const. art. 89, § 4

Alaska Constitution

Article 89, § 4 — Energy Efficiency Project Bonds -- Issuance -- Terms and Conditions

This text of Alaska Const. art. 89, § 4 (Energy Efficiency Project Bonds -- Issuance -- Terms and Conditions) is published on Counsel Stack Legal Research, covering Alaska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Article89

Section§ 4

CitationAlaska Const. art. 89, § 4

Bluebook

Alaska Const. art. 89, § 4.

Full Text

(a) A governmental unit, under laws adopted by the General Assembly, may issue bonds to finance all or a portion of the costs of energy efficiency projects. The bonds may bear such terms, be issued in such manner, and be subject to such conditions as may be authorized by the General Assembly. The bonds authorized by Section 4 shall be governmental bonds subject to the provisions of Section 1 of this amendment. (b) Bonds may be secured by a pledge of the savings from the energy efficiency project and may be repaid from general revenues, special revenues, revenues derived from taxes or any other revenues available to the governmental unit. (c) The authority conferred by this Section 4 shall be supplemental to other constitutional provisions which authorize the issuance of bonds.

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(a) A governmental unit, under laws adopted by the General Assembly, may issue bonds to finance all or a portion of the costs of energy efficiency projects. The bonds may bear such terms, be issued in such manner, and be subject to such conditions as may be authorized by the General Assembly. The bonds authorized by Section 4 shall be governmental bonds subject to the provisions of Section 1 of this amendment. (b) Bonds may be secured by a pledge of the savings from the energy efficiency project and may be repaid from general revenues, special revenues, revenues derived from taxes or any other revenues available to the governmental unit. (c) The authority conferred by this Section 4 shall be supplemental to other constitutional provisions which authorize the issuance of bonds.

History

Effective: 2011-01-01

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Bluebook (online)

Alaska Const. art. 89, § 4, Counsel Stack Legal Research, https://law.counselstack.com/constitution/ak/89/4.