The House Finance Committee stripped the $300 million blank check from a bond bill Friday for the Alaska Industrial Development and Export Authority.
The change, if it survives the rest of the legislative process, means AIDEA would have to come back at a future date with a specific plan on how it would like to use the $300 million.
The decision is a step toward establishing checks and balances with the state-owned development bank, which is controlled by the governor.
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