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2010 AACA Legislative Priorities
Correspondence & documents
Response to PHMSA Relemaking on Removing Exceptions for Class 3 HazMat (coming)
Response to EPA Rulemaking on 100LL AvGas (coming)
Objection to DOI Helicopters in Alaska 2010
Alerting Governor's office to federal aircraft in Alaska 2010
Comment Period Extension request for AvGas 100LL Issue
Tower Lighting near Glenn & Parks Highways
Repair Priority for Kwigillingok Airport
A&P School in Bethel
2009 AACA Legislative Priorities
2008 AACA Legislative Priorities
Capstone - Statewide
Capstone Loan General Requirements
- Aircraft being upgraded must be owned by applicant.
- Aircraft being upgraded must be substantially operated in Alaska.
- Applicant must sign a declaration certifying that the aircraft being upgraded has flown at least 51% of its flight hours in Alaska over the last 12 months.
- Applicant must provide a copy of the airworthiness certificate and aircraft registration.
- All aircraft must at a minimum, be equipped with a Universal Access Transceiver (UAT) Automatic Dependent Surveillance - Broadcast data link system.
Program Requirements
- Purchases - Loans may be made to purchase and install eligible Capstone avionics equipment in aircraft that are substantially operated in Alaska. Avionics to be financed cannot have been purchased and installed more than 120 days prior to the date that a loan application is received by the Alaska Division of Investments.
- Collateral - Loans will be secured by a priority lien on the Capstone avionics being financed and by a lien on the aircraft receiving the improvements.
- Refinancing - Refinancing existing debt is not allowed.
Eligible Avionics Equipment
- Universal Access Transceiver (UAT), Automatic Dependent Surveillance - Broadcast (ADS-B) Data Link;
- GPS/WAAS navigation equipment;
- A moving map multifunction display (MFD); or
- Other equipment as determined by the Department of Commerce, Community, and Economic Development in consultation with the Department of Transportation and Public Facilities.
Terms and Conditions
- Interest rate will be fixed at 4.0%.
- Maximum loan term is 10-years.
- Borrower is responsible to pay all direct costs incurred in processing an application including the cost of obtaining an aircraft title report and any recording fees.
Fees
- Application fee of $50.00.
- Closing costs include aircraft title search and FAA recording fee.
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