00               HOUSE CS FOR CS FOR SENATE BILL NO. 241(HES)                                                             
01 "An Act relating to a report to the legislature on teacher preparation, retention, and                                  
02 recruitment by the Board of Regents of the University of Alaska; and providing for an                                   
03 effective date."                                                                                                        
04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
05    * Section 1. AS 14.40.190 is amended by adding a new subsection to read:                                           
06            (b)  In addition to the report required under (a) of this section, the Board of                              
07       Regents shall prepare and present to the legislative committees having jurisdiction                               
08       over education an annual report, not later than the 30th legislative day of each regular                          
09       session of the legislature, titled "Alaska's University for Alaska's Schools" that                                
10       describes the efforts of the university to attract, train, and retain qualified public                            
11       school teachers. The report must include an outline of the university's current and                               
12       future plans to close the gap between known teacher employment vacancies in the                                   
13       state and the number of state residents who complete teacher training. The information                            
14       reported under this subsection may also include short-term and five-year strategies                               

01       with accompanying fiscal notes and outcome measures.                                                              
02    * Sec. 2. AS 14.40.190(b) is repealed and reenacted to read:                                                       
03            (b)  In addition to the report required under (a) of this section, the Board of                              
04       Regents shall prepare and present to the legislative committees having jurisdiction                               
05       over education a biennial report, not later than the 30th legislative day of the first                            
06       session of each legislature, titled "Alaska's University for Alaska's Schools" that                               
07       describes the efforts of the university to attract, train, and retain qualified public                            
08       school teachers. The report must include an outline of the university's current and                               
09       future plans to close the gap between known teacher employment vacancies in the                                   
10       state and the number of state residents who complete teacher training. The information                            
11       reported under this subsection may also include short-term and five-year strategies                               
12       with accompanying fiscal notes and outcome measures.                                                              
13    * Sec. 3. AS 14.40.250 is amended to read:                                                                         
14            Sec. 14.40.250. Regents to act as trustees and administer money or                                         
15       property. The Board of Regents may receive, manage, and invest money or other real,                             
16       personal, or mixed property for the purpose of the University of Alaska, its                                      
17       improvement or adornment, or the aid or advantage of students or faculty, and, in                                 
18       general, may act as trustee on behalf of the University of Alaska for any of these                                
19       purposes. The regents shall prepare a written report, in accordance with                                          
20       AS 14.40.190(a) [AS 14.40.190], as to the administration and disposition of money                             
21       received under this section.                                                                                      
22    * Sec. 4. AS 37.25.010(d) is amended to read:                                                                      
23            (d)  The University of Alaska shall, in the report required under                                            
24       AS 14.40.190(a) [AS 14.40.190], report the amount of university receipts received in                          
25       one year and expended in the succeeding fiscal year.                                                              
26    * Sec. 5. Section 2 of this Act takes effect July 1, 2012.