Legislature(1993 - 1994)

1994-03-25 House Journal

Full Journal pdf

1994-03-25                     House Journal                      Page 2974
HB 494                                                                       
The following was read the second time:                                        
                                                                               
HOUSE BILL NO. 494                                                            
"An Act changing the Alaska State Pension Investment Board to                 
the Alaska Pension Investment Authority and relating to the                    
authority; and providing for an effective date."                               
                                                                               
with the:                                                 Journal Page         
                                                                               
	STA RPT  CS(STA) 4DP 2NR                                         2758         
	-FISCAL NOTE (REV) 3/14/94                                       2758         
	-ZERO FISCAL NOTE (ADM) 3/14/94                                  2758         
	FIN RPT  CS(STA) 5DP 5NR                                         2929         
	-2 FISCAL NOTES (REV) 3/23/94                                    2930         
	-PREVIOUS ZERO FISCAL NOTE (ADM) 3/14/94                         2930         
                                                                               
                                                                               
Representative Phillips moved and asked unanimous consent that the             
following committee substitute be adopted in lieu of the original bill:        
                                                                               
CS FOR HOUSE BILL NO. 494(STA)                                                
(same title)                                                                  
                                                                               
There being no objection, it was so ordered.                                   
                                                                               
Representative Phillips moved and asked unanimous consent that                 
CSHB 494(STA) be considered engrossed, advanced to third reading               
and placed on final passage.  There being no objection, it was so              
ordered.                                                                       
                                                                               
CSHB 494(STA) was read the third time.                                         
                                                                               
Representative MacLean moved and asked unanimous consent that                  
CSHB 494(STA) be returned to second reading for the specific purpose           
of considering Amendment No. 1.  There being no objection, it was so           
ordered.                                                                       
                                                                               

1994-03-25                     House Journal                      Page 2975
HB 494                                                                       
Amendment No. 1 was offered  by Representative MacLean:                         
                                                                               
Page 4, line 14, after "STAFF.":                                               
	Insert "(a)"                                                                  
                                                                               
Page 4, after line 19:                                                         
	Insert a new subsection to read:                                              
	"(b)  A person who has served as a trustee of the authority or               
on the board of directors of the former Alaska State Pension                   
Investment Board may not be employed by the authority for a                    
period of one year after the end of the service as a trustee or on             
the board of directors, as appropriate."                                       
                                                                               
Representative MacLean moved and asked unanimous consent that                  
Amendment No. 1 be adopted.  There being no objection, it was so               
ordered.                                                                       
                                                                               
                                                                               
The question being:  "Shall CSHB 494(STA) am pass the House?"                  
The roll was taken with the following result:                                  
                                                                               
                                                                               
CSHB 494(STA) am                                                               
Third Reading                                                                  
Final Passage                                                                  
                                                                               
YEAS:  38   NAYS:  0   EXCUSED:  1   ABSENT:  1                              
                                                                               
Yeas:  Barnes, Brice, Brown, Bunde, Carney, Davidson, Davies,                  
B.Davis, G.Davis, Finkelstein, Foster, Green, Grussendorf, Hanley,             
Hoffman, Hudson, James, Kott, Larson, Mackie, MacLean, Martin,                 
Menard, Mulder, Navarre, Nicholia, Nordlund, Olberg, Parnell,                  
Phillips, Porter, Sanders, Sitton, Toohey, Ulmer, Vezey, Williams,             
Willis                                                                         
                                                                               
Excused:  Moses                                                                
                                                                               
Absent:  Therriault                                                            
                                                                               
And so, CSHB 494(STA) am passed the House.                                     
                                                                               

1994-03-25                     House Journal                      Page 2976
HB 494                                                                       
Representative Phillips 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.           
                                                                               
CSHB 494(STA) am was referred to the Chief Clerk for engrossment.