2007-05-04                     House Journal                      Page 1098
HB 197                                                                                                                        
The following, which was advanced to third reading from the May 3,                                                              
2007, calendar (page 1071), was read the third time:                                                                            
                                                                                                                                
     HOUSE BILL NO. 197                                                                                                         
     "An Act relating to the issuance of shares of professional                                                                 
     corporations to a trust, to trusts, to trustees, to the removal of a                                                       
     trustee, to the compensation of a trustee and a person employed by                                                         
     a trustee, to a trustee's accepting or rejecting a trusteeship, to co-                                                     
     trustees, to a vacancy in a trusteeship, to the resignation of a                                                           
     trustee, to delivery of trust property by former trustees, to the                                                          
     reimbursement of trustee expenses, to the certification of a trust,                                                        
     to the suitability of a trustee, to the place of administration of a                                                       
     trust, to a trustee's power to appoint property to another trust, to a                                                     
     change of the percentage of trust property to be considered                                                                
     principal, to the determination of the value of a trust, and to a                                                          
     settlor's intent when transferring property in trust; amending Rules                                                       
     54 and 82, Alaska Rules of Civil Procedure; and providing for an                                                           
     effective date."                                                                                                           
                                                                                                                                

2007-05-04                     House Journal                      Page 1099
Representative Ramras moved and asked unanimous consent that                                                                    
HB 197 be returned to second reading for the specific purpose of                                                                
considering Amendment No. 1.  There being no objection, it was so                                                               
ordered.                                                                                                                        
                                                                                                                                
                                                                                                                                
Amendment No. 1 was offered  by Representatives Ramras and                                                                       
Gruenberg:                                                                                                                      
                                                                                                                                
Page 3, line 27:                                                                                                                
 Delete "clear and convincing"                                                                                                  
 Insert "a preponderance of the"                                                                                                
                                                                                                                                
Page 9, line 27:                                                                                                                
 Delete "all or"                                                                                                                
                                                                                                                                
Representative Ramras moved and asked unanimous consent that                                                                    
Amendment No. 1 be adopted.                                                                                                     
                                                                                                                                
Representative Gara objected and withdrew the objection.  There                                                                 
being no further objection, Amendment No. 1 was adopted.                                                                        
                                                                                                                                
                                                                                                                                
The question being:  "Shall HB 197 am pass the House?"  The roll was                                                            
taken with the following result:                                                                                                
                                                                                                                                
HB 197 am                                                                                                                       
Third Reading                                                                                                                   
Final Passage                                                                                                                   
                                                                                                                                
YEAS:  36   NAYS:  0   EXCUSED:  4   ABSENT:  0                                                                               
                                                                                                                                
Yeas:  Buch, Chenault, Crawford, Dahlstrom, Doll, Doogan, Edgmon,                                                               
Fairclough, Foster, Gara, Gardner, Gatto, Gruenberg, Guttenberg,                                                                
Harris, Hawker, Holmes, Johansen, Johnson, Joule, Kawasaki, Kelly,                                                              
LeDoux, Lynn, Meyer, Nelson, Neuman, Olson, Ramras, Roses,                                                                      
Salmon, Samuels, Seaton, Stoltze, Thomas, Wilson                                                                                
                                                                                                                                
Excused:  Cissna, Coghill, Kerttula, Kohring                                                                                    
                                                                                                                                
And so, HB 197 am passed the House.                                                                                             
                                                                                                                                

2007-05-04                     House Journal                      Page 1100
Representative Samuels moved and asked unanimous consent that the                                                               
roll call on the passage of the bill be considered the roll call on the                                                         
court rule changes.  There being no objection, it was so ordered.                                                               
                                                                                                                                
Representative Samuels moved and asked unanimous consent that the                                                               
roll call on the passage of the bill be considered the roll call on the                                                         
effective date clause.  There being no objection, it was so ordered.                                                            
                                                                                                                                
HB 197 am was referred to the Chief Clerk for engrossment.