Legislature(1995 - 1996)
1996-10-21 House Journal
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Full Journal pdf1996-10-21 House Journal Page 4737 ENROLLMENT HB 22 The following was enrolled, signed by the Speaker and Chief Clerk, President and Secretary of the Senate, and the engrossed and enrolled copies were transmitted to the Office of the Governor at 4:50 p.m., May 22, 1996: CS FOR HOUSE BILL NO. 22(FIN) An Act relating to long-term plans of certain state agencies and recommendations regarding elimination of duplication in state agency functions. MESSAGES FROM THE GOVERNOR HB 459 The following letter, dated May 23, 1996, was received: Dear Speaker Phillips: Under the authority of art. II, sec. 15 of the Alaska Constitution, I have vetoed the following bill: CS FOR HOUSE BILL NO. 459(JUD) am An Act relating to the jurisdiction governing a trust, to challenges to trusts or property transfers in trust, to the validity of trust interests, and to transfers of certain trust interests. While this Administration applauds innovation and imaginative efforts to attract business opportunities, I am concerned that the potential benefits of this bill are outweighed by its inadvertent consequences to the people of Alaska. Therefore, I find it necessary to veto this bill. This legislation would make a dramatic change in our trust laws and policy. In fact, these changes to Alaska law would make this the only state to espouse such public policy. The bill raises many questions and concerns which require a level of consideration and analysis that, frankly, was not received with just one hearing before each body of the Legislature.