2006-03-31                     Senate Journal                      Page 2646
SB 310                                                                                              
Third Reading - Final Passage                                                                       
Effective Date                                                                                      
                                                                                                    
YEAS:  19   NAYS:  0   EXCUSED:  1   ABSENT:  0                                                   
                                                                                                    
Yeas:  Bunde, Cowdery, Davis, Dyson, Ellis, Elton, French, Green,                                   
Guess, Hoffman, Huggins, Kookesh, Olson, Seekins, Stedman,                                          
Stevens B, Stevens G, Therriault, Wilken                                                            
                                                                                                    
Excused:  Wagoner                                                                                   
                                                                                                    
and so, SENATE BILL NO. 310 passed the Senate.                                                      
                                                                                                    
Senator Gary Stevens 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.                                                          
                                                                                                    
                          Third Reading of House Bills                                           
                                                                                                    
HB 92                                                                                             
SENATE CS FOR CS FOR HOUSE BILL NO. 92(JUD) "An Act                                                 
relating to the purchase of interests in corporations, including limited                            
liability companies, by the University of Alaska" was read the third                                
time.                                                                                               
                                                                                                    
Senator Seekins moved that the bill be returned to second reading for                               
the purpose of a specific amendment, that being Amendment No. 1.                                    
Without objection, the bill was returned to second reading.                                         
                                                                                                    
Senator Seekins offered Amendment No. 1 :                                                            
                                                                                                    
Page 2, line 1, following "section,":                                                               
      Insert "(1)"                                                                                  
                                                                                                    
Page 2, line 4, following "agreement":                                                              
      Insert "; or                                                                                  
                (2)  unless the university has engaged in fraudulent or other                       
             wrongful conduct relating to an obligation of the corporation                          
             or to the assets of the corporation that may be used to pay the                        
             obligation"