Legislature(1997 - 1998)

1997-03-13 Senate Journal

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1997-03-13                     Senate Journal                      Page 0721
HB 101                                                                       
CS FOR HOUSE BILL NO. 101(L&C) An Act relating to certain                      
irrevocable transfers in trust, 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; and providing    
for an effective date was read the second time.                                
                                                                               
Senator Taylor moved and asked unanimous consent for the adoption              
of the Judiciary Senate Committee Substitute offered on page 654.              
Without objection, SENATE CS FOR CS FOR HOUSE BILL NO.                         
101(JUD) was adopted and read the second time.                                 
                                                                               
Senator Ellis offered Amendment No. 1 :                                         
                                                                               
Page 2, line 3, following transfer:                                            
	Insert  , including a transfer in trust with a transfer                       
restriction under AS 34.40.110(a),                                             
                                                                               
Page 4, line 13, following provided in:                                        
	Insert  AS 13.12.205(2) and                                                   
                                                                               
Page 6, line 4, following (b):                                                 
	Insert  Except as provided in AS 13.12.205, if ªIfß                           
                                                                               
Senator Ellis moved for the adoption of Amendment No. 1.  Senator              
Taylor objected.                                                               
                                                                               
                                                                               

1997-03-13                     Senate Journal                      Page 0722
HB 101                                                                       
The question being: Shall Amendment No. 1 be adopted?  The roll                
was taken with the following result:                                           
                                                                               
SCS CSHB 101(JUD)                                                              
Second Reading                                                                 
Amendment No. 1                                                                
                                                                               
YEAS:  5   NAYS:  15   EXCUSED:  0   ABSENT:  0                              
                                                                               
Yeas:  Adams, Duncan, Ellis, Hoffman, Lincoln                                  
                                                                               
Nays:  Donley, Green, Halford, Kelly, Leman, Mackie, Miller,                   
Parnell, Pearce, Phillips, Sharp, Taylor, Torgerson, Ward, Wilken              
                                                                               
and so, Amendment No. 1 failed.                                                
                                                                               
Senator Ellis offered Amendment No. 2 :                                         
                                                                               
Page 5, line 16, following created:                                          
	Insert  , except that this provision does not apply to real                   
property                                                                       
                                                                               
Senator Ellis moved for the adoption of Amendment No. 2.                       
Objections were heard.                                                         
                                                                               
The question being: Shall Amendment No. 2 be adopted?  The roll                
was taken with the following result:                                           
                                                                               
SCS CSHB 101(JUD)                                                              
Second Reading                                                                 
Amendment No. 2                                                                
                                                                               
YEAS:  5   NAYS:  14   EXCUSED:  0   ABSENT:  1                              
                                                                               
Yeas:  Adams, Duncan, Ellis, Hoffman, Kelly                                    
                                                                               
Nays:  Donley, Green, Halford, Leman, Mackie, Miller, Parnell,                 
Pearce, Phillips, Sharp, Taylor, Torgerson, Ward, Wilken                       
                                                                               
Absent:  Lincoln                                                               
                                                                               
and so, Amendment No. 2 failed.                                                

1997-03-13                     Senate Journal                      Page 0723
HB 101                                                                       
Senator Taylor moved and asked unanimous consent that the bill be              
considered engrossed, advanced to third reading and placed on final            
passage.  Without objection, it was so ordered.                                
                                                                               
SENATE CS FOR CS FOR HOUSE BILL NO. 101(JUD) was read                          
the third time.                                                                
                                                                               
The question being: Shall SENATE CS FOR CS FOR HOUSE                           
BILL NO. 101(JUD) An Act relating to certain irrevocable transfers             
in trust, 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; and providing for an effective           
date pass the Senate?  The roll was taken with the following                   
result:                                                                        
                                                                               
SCS CSHB 101(JUD)                                                              
Third Reading - Final Passage                                                  
Effective Date                                                                 
                                                                               
YEAS:  16   NAYS:  3   EXCUSED:  0   ABSENT:  1                              
                                                                               
Yeas:  Donley, Ellis, Green, Halford, Kelly, Leman, Mackie, Miller,            
Parnell, Pearce, Phillips, Sharp, Taylor, Torgerson, Ward, Wilken              
                                                                               
Nays:  Adams, Duncan, Hoffman                                                  
                                                                               
Absent:  Lincoln                                                               
                                                                               
and so, SENATE CS FOR CS FOR HOUSE BILL NO. 101(JUD)                           
passed the Senate.                                                             
                                                                               
Senator Taylor moved and asked unanimous consent that the vote on              
the passage of the bill be considered the vote on the effective date           
clause.  Without objection, it was so ordered and the bill was                 
referred to the Secretary for engrossment.