Legislature(1995 - 1996)
1996-05-03 Senate Journal
Full Journal pdf1996-05-03 Senate Journal Page 3886 HB 525 HOUSE BILL NO. 525 An Act designating certain permissible investments by the Alaska Permanent Fund Corporation in taxable municipal or state debt securities and corporate debt securities; changing the allocation limits on domestic and nondomestic government and corporate securities, nondomestic corporate promissory notes, domestic and nondomestic corporate stocks, and taxable government debt securities; and providing for an effective date was read the second time. Senator Halford moved and asked unanimous consent that the bill be advanced to third reading and placed on final passage. Without objection, it was so ordered. HOUSE BILL NO. 525 was read the third time. The question being: Shall HOUSE BILL NO. 525 An Act designating certain permissible investments by the Alaska Permanent Fund Corporation in taxable municipal or state debt securities and corporate debt securities; changing the allocation limits on domestic and nondomestic government and corporate securities, nondomestic corporate promissory notes, domestic and nondomestic corporate stocks, and taxable government debt securities; and providing for an effective date pass the Senate? The roll was taken with the following result: 1996-05-03 Senate Journal Page 3887 HB 525 HB 525 Third Reading - Final Passage Effective Date YEAS: 17 NAYS: 1 EXCUSED: 1 ABSENT: 1 Yeas: Donley, Duncan, Ellis, Frank, Green, Hoffman, Leman, Lincoln, Miller, Pearce, R.Phillips, Rieger, Salo, Sharp, Taylor, Torgerson, Zharoff Nays: Halford Excused: Adams Absent: Kelly and so, HOUSE BILL NO. 525 passed the Senate. Senator Halford moved and asked unanimous consent that the vote on the passage of the bill be considered the vote on the effective date clause. Without objection, it was so ordered and the bill was signed by the President and Secretary and returned to the House.