Sponsor(S) SENATORS WILKEN, Sharp, Kelly
REPRESENTATIVES Davies, Therriault
Title "An Act relating to fiscal management of endowment assets of the University of Alaska; amending the definition of `university receipts' to include distribution from university endowments and the total return from the University of Alaska's endowment trust fund for land obtained under the Act of Congress of January 21, 1929, as amended, and transferring responsibility for management and investment of those assets; making technical amendments to provisions relating to federal grants and appropriations from federal land grant college fund sources that must be paid to the state; and affirming that the Board of Regents and officers of the University of Alaska may not expend `university receipts' without legislative appropriation."
Amendments that are adopted are incorporated into the next version of the bill. PDF versions of the amendment may have slight variations from the Journal entry. The Journal should be considered the authoritative version.