00                        CS FOR HOUSE BILL NO. 9(EDC)                                                                     
01 "An Act relating to the Board of Regents of the University of Alaska."                                                  
02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
03    * Section 1. AS 14.40.120 is amended to read:                                                                      
04            Sec. 14.40.120. University governed by Board of Regents. The University of                                 
05       Alaska shall be governed by a Board of Regents consisting of 12 [11] regents.                                 
06    * Sec. 2. AS 14.40.130 is amended by adding a new subsection to read:                                              
07 (f)  In addition to satisfying the requirements in (a) of this section, at least one                                    
08 of the 12 regents must be a current full-time faculty member who is employed at and                                     
09 has acquired tenure at the University of Alaska Anchorage, the University of Alaska                                     
10 Fairbanks, or the University of Alaska Southeast based on the guidelines of that                                        
11 campus. A person appointed as a regent under this subsection forfeits the office if the                                 
12 person is no longer a full-time, tenured faculty member. The governor shall appoint a                                   
13 successor from the list of interested faculty members submitted under AS 14.40.150(c)                                   
14 within 60 days after a forfeiture or vacancy in the office, subject to confirmation by                                  
15       the legislature under AS 14.40.150(a).                                                                            
01    * Sec. 3. AS 14.40.140 is amended to read:                                                                         
02 Sec. 14.40.140. Term of office. Except for a student regent as specified in                                           
03 AS 14.40.150(b) and a faculty member regent as specified in AS 14.40.150(c), the                                    
04 term of office of a regent is eight years. The term of office begins on the first Monday                                
05 in February of the year in which the appointment is made. Each regent serves until a                                    
06       successor is appointed and qualifies.                                                                             
07    * Sec. 4. AS 14.40.150 is amended by adding a new subsection to read:                                              
08            (c)  At least one member of the Board of Regents must be a faculty member.                                   
09       The faculty member shall be appointed from a list of all interested faculty members                               
10 compiled by the University of Alaska and submitted to the governor. The governor                                        
11 shall make the appointment from the list within 60 days after the list is submitted. The                                
12 term of office of a regent appointed from the faculty of the University of Alaska is two                                
13 years. The term of office begins June 1 of the year in which the appointment is made.                                   
14 An appointment of a successor made under AS 14.40.130(f) shall be for the unexpired                                     
15       term of the original appointee.                                                                                   
16    * Sec. 5. AS 14.40.200 is amended to read:                                                                         
17 Sec. 14.40.200. Quorum. Corporate business may not be transacted at any                                               
18 meeting of the Board of Regents unless at least seven [SIX] regents are present, the                                
19       majority of the whole board to approve the same.                                                                  
20    * Sec. 6. The uncodified law of the State of Alaska is amended by adding a new section to                          
21 read:                                                                                                                   
22 TRANSITION: INITIAL APPOINTMENT. The University of Alaska shall submit the                                              
23 list of interested faculty members to the governor as required by AS 14.40.150(c), added by                             
24 sec. 4 of this Act, on or before February 1, 2024.