Legislature(2021 - 2022)
01/27/2022 04:30 PM House LEGISLATIVE BUDGET & AUDIT
Note: the audio ![]()
and video ![]()
recordings are distinct records and are obtained from different sources. As such there may be key differences between the two. The audio recordings are captured by our records offices as the official record of the meeting and will have more accurate timestamps. Use the icons to switch between them.
| Audio | Topic |
|---|---|
| Start | |
| Executive Session: Alaska Permanent Fund Corporation Personnel and Related Procurement | |
| Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
ALASKA STATE LEGISLATURE
LEGISLATIVE BUDGET AND AUDIT COMMITTEE
January 27, 2022
4:33 p.m.
MEMBERS PRESENT
Senator Natasha von Imhof, Chair
Senator Peter Micciche
Senator Lora Reinbold
Senator Bert Stedman
Representative Chris Tuck, Vice Chair
Representative Ivy Spohnholz
Representative Andy Josephson
Representative Neal Foster
Representative James Kaufman
Representative Dan Ortiz (alternate)
MEMBERS ABSENT
Senator Lyman Hoffman
Senator Click Bishop (alternate)
OTHER LEGISLATORS PRESENT
Senator Jesse Kiehl
Senator Tom Begich
Representative Sara Hannan
Representative Louise Stutes
Representative Matt Claman
Representative DeLena Johnson
COMMITTEE CALENDAR
EXECUTIVE SESSION: Alaska Permanent Fund Corporation Personnel
and Related Procurement
PREVIOUS COMMITTEE ACTION
No previous action to record
WITNESS REGISTER
No witnesses to record
ACTION NARRATIVE
4:33:49 PM
CHAIR NATASHA VON IMHOF called the Legislative Budget and Audit
Committee meeting to order at 4:33 p.m. Representatives
Spohnholz, Josephson, Foster, Kaufman, Ortiz (alternate), and
Tuck and Senators Reinbold, Micciche, Stedman, and von Imhof
were present at the call to order. Also present were Senators
Kiehl and Begich and Representatives Hannan, Johnson, and
Edgmon.
^Executive Session: Alaska Permanent Fund Corporation Personnel
and Related Procurement
Executive Session: Alaska Permanent Fund Corporation Personnel
and Related Procurement
4:35:02 PM
CHAIR VON IMHOF announced that the only order of business would
be an executive session to consider Alaska Permanent Fund
Corporation Personnel and Related Procurement.
4:35:13 PM
REPRESENTATIVE TUCK moved that the Legislative Budget & Audit
Committee go into executive session under Uniform Rule 22(b)(1)
for discussion of matters, the immediate knowledge of which
would adversely affect the finances of a government unit; and
Uniform Rule 22(b)(3), for discussion of a matter that may, by
law, be required to be confidential. He asked that the
following persons remain in the room or online: Megan Wallace;
Kris Curtis, Legislative Auditor, and necessary staff for the
auditor; any legislators not on the committee; and staff for
legislators who are members of the committee. There being no
objection, it was so ordered.
4:36:18 PM
The committee took an at-ease from 4:36 p.m. to 4:59 p.m. for
the purpose of executive session.
4:59:53 PM
CHAIR NATASHA VON IMHOF called the Legislative Budget and Audit
Committee meeting back to order at 4:59 p.m. Representatives
Spohnholz, Josephson, Foster, Kaufman, Ortiz (alternate), and
Tuck and Senators Reinbold, Micciche, Stedman, and von Imhof
were present at the call back to order. Also present were
Senator Kiehl, Senator Begich, Representative Hannan,
Representative Stutes (via teleconference), and Representative
Claman.
5:00:31 PM
CHAIR VON IMHOF stated that it was the goal of the Legislative
Budget and Audit Committee to protect the Alaska Permanent Fund
from political intervention or manipulation to ensure the fund's
continued growth and sustainability, without which, the fund's
health and future sustainability would be in jeopardy.
5:01:10 PM
REPRESENTATIVE TUCK moved that the Legislative Budget & Audit
Committee approve a contract, in an amount not to exceed
$100,000, for legal services to investigate the circumstances
and events surrounding the termination of former Alaska
Permanent Fund Corporation executive director, Angela Rodell,
and any improper actions or undue political influence, by
members of the Board of Trustees of the Alaska Permanent Fund
Corporation, or the Executive Branch, and to prepare a report.
He stated it is the intent of the Legislative Budget & Audit
Committee that the investigation be professional, unbiased,
independent, objective, and conducted at arm's length from the
political process. He further moved that the report should be
submitted to the Legislative Budget & Audit Committee in a
timely manner, and that the Legislative Budget & Audit Committee
authorize the chair to communicate the intent of this committee
to the contracted outside legal counsel. There being no
objection, it was so ordered.
5:02:26 PM
REPRESENTATIVE TUCK moved that the chair be hereby authorized to
issue subpoenas under AS 24.25.010(c) and AS 24.20.201(a)(2), if
necessary, to require the attendance of any persons or
production of any documents or other materials before the
Legislative Budget & Audit Committee, or as part of the
investigation relating to the circumstances and events
surrounding the termination of former Alaska Permanent Fund
Corporation executive director Angela Rodell and any improper
actions by members of the Board of Trustees of the Alaska
Permanent Fund Corporation or the Executive Branch. There being
no objection, it was so ordered.
CHAIR VON IMHOF thanked the committee and attendees for the
discussion and said that a third-party, non-political review
would [further] protect the fund for future generations.
5:04:02 PM
ADJOURNMENT
There being no further business before the committee, the
Legislative Budget and Audit Committee meeting was adjourned at
5:04 p.m.
| Document Name | Date/Time | Subjects |
|---|