1993-02-22                     Senate Journal                      Page 0439
SB 116                                                                       
SPONSOR SUBSTITUTE FOR SENATE BILL NO. 116 by the                              
Senate Rules Committee by request of the Governor, entitled:                   
                                                                               
"An Act making special appropriations to the                                  
educational facilities maintenance and construction                            
fund and the mental health trust income account;                               
and providing for an effective date."                                          
 (new title)                                                                   
                                                                               
was read the first time and referred to the Health, Education and              
Social Services and Finance Committees.                                        
                                                                               
Governor's transmittal letter dated February 22:                               
                                                                               
Dear Mr. President:                                                            
                                                                               
Under the authority of art. III, sec. 18, of the Alaska Constitution,          
I am transmitting  a sponsor substitute for SB 116, introduced at my           
earlier request this session.                                                  
                                                                               
The sponsor substitute more clearly reflects my intent that an amount          
substantially equivalent to the February 1993 British Petroleum                
settlement be appropriated from the general fund primarily to                  
capitalize a fund that is to be used for maintenance and construction          
of Alaska public schools and for maintenance of University of                  
Alaska facilities.  The settlement is expected to be received on               
June30, 1993.                                                                  
                                                                               
Additionally, the bill appropriates from the general fund an amount            
equivalent to six percent of that settlement, and places it in the             
mental health trust income account, consistent with AS37.14.011.               
                                                                               
The bill's July1, 1993 effective date is contingent upon the                   
educational facilities maintenance and construction fund being                 
established in law.  I have submitted a companion bill to accomplish           
that.                                                                          
                                                                               
                                                                               

1993-02-22                     Senate Journal                      Page 0440
SB 116                                                                       
I urge your support of this bill.                                              
                                                                               
      Sincerely,                                                               
      /s/                                                                      
      Walter J. Hickel                                                         
      Governor