05/14/1999 03:24 PM House L&C

                                                                                                                                
HB 239 - UCC SECURED TRANSACTIONS                                                                                               
                                                                                                                                
Number 1425                                                                                                                     
                                                                                                                                
CHAIRMAN ROKEBERG announced the committee's next order of business                                                              
is HB 239, "An Act relating to the Uniform Commercial Code;                                                                     
relating to secured transactions; amending Rule 79, Alaska Rules of                                                             
Civil Procedure; and providing for an effective date."  The                                                                     
chairman indicated the committee would take up the regular business                                                             
of appointing a subcommittee for HB 239, in lieu of the committee                                                               
calendar and because the committee has just passed SB 71 [HB 239                                                                
and SB 71 were scheduled for a committee hearing the next day, May                                                              
15].  He questioned if Representative Murkowski had the bill title.                                                             
                                                                                                                                
REPRESENTATIVE MURKOWSKI read the bill title.  In response to the                                                               
chairman's question about the legislation's length, Representative                                                              
Murkowski responded that it is 134 pages long.                                                                                  
                                                                                                                                
CHAIRMAN ROKEBERG indicated he has some responsibility for HB 239.                                                              
The chairman appointed a subcommittee for HB 239, which he said                                                                 
would obviate the need for the next day's meeting.  The                                                                         
subcommittee on HB 239 is chaired by Representative Murkowski, with                                                             
Representative Rokeberg and Representative Cissna as additional                                                                 
members.  [HB 239 WAS HELD]