2010-04-06                     House Journal                      Page 2044
HB 416                                                                                                                        
The Labor & Commerce Committee considered:                                                                                      
                                                                                                                                
     HOUSE BILL NO. 416                                                                                                         
     "An Act adopting and relating to the Uniform Prudent                                                                       
     Management of Institutional Funds Act; relating to the investment                                                          
     of money for charitable purposes by institutions, including                                                                
     governmental institutions; and relating to the University of                                                               
     Alaska."                                                                                                                   
                                                                                                                                
The report was signed by Representative Olson, Chair, with the                                                                  
following individual recommendations:                                                                                           
                                                                                                                                
Do pass (3):  Lynn, Holmes, Olson                                                                                               
                                                                                                                                
No recommendation (2):  Buch, T. Wilson                                                                                         
                                                                                                                                
The following fiscal note(s) apply:                                                                                             
                                                                                                                                
1.  Zero, Dept. of Law                                                                                                          
2.  Zero, University of Alaska                                                                                                  
                                                                                                                                
HB 416 was referred to the Finance Committee.