1993-02-22                     House Journal                      Page 0411
HB 156                                                                       
SPONSOR SUBSTITUTE FOR HOUSE BILL NO. 156 by the House                         
Rules Committee by request of the Governor, entitled:                          
                                                                               
"An Act establishing the educational facilities maintenance and               
construction fund; and providing for an effective date."                       
                                                                               
was read the first time and referred to the Health, Education & Social         
Services, Judiciary and Finance Committees.                                    
                                                                               
                                                                               
The following fiscal note applies to HB 156:                                   
                                                                               
Zero fiscal note, Dept. of Revenue, 2/22/93                                    
                                                                               
                                                                               
The Governor's transmittal letter, dated February 22, 1993, appears            
below:                                                                         
                                                                               
"Dear Speaker Barnes:                                                          
                                                                               
Under the authority of art. III, sec. 18, of the Alaska Constitution, I am     
transmitting a sponsor substitute for HB 156 introduced at my request          
earlier this session.                                                          
                                                                               
                                                                               
This sponsor substitute more clearly reflects my intent to establish a         
statutory fund to be used for capital projects for Alaska public schools       
and for maintenance of University of Alaska capital projects.  This bill       
establishes the educational facilities maintenance and construction fund       
to ensure a long-term source of money for appropriations for the               
design, construction, and maintenance of public school capital projects        
and for maintenance of University facilities.                                  
                                                                               
                                                                               
A companion bill, introduced at my request, would appropriate the              
bulk of the February 1993 British Petroleum settlement to the                  
educational facilities maintenance and construction fund.  This bill,          
establishing that fund, provides for a July1, 1993 effective date to           
correspond to the effective date of that appropriation bill.                   
                                                                               

1993-02-22                     House Journal                      Page 0412
HB 156                                                                       
I urge your favorable action on this important bill.                           
                                                                               
											Sincerely,                                                          
											/s/                                                                 
											Walter J. Hickel                                                    
											Governor"