Legislature(1997 - 1998)

1997-02-12 House Journal

Full Journal pdf

1997-02-12                     House Journal                      Page 0319
HB 129                                                                       
HOUSE BILL NO. 129 by the House Finance Committee, entitled:                   
                                                                               
An Act relating to fiscal management of endowment assets of the               
University of Alaska; amending the definition of 'university                   
receipts' to include distribution from university endowments and               
the total return from the University of Alaska's endowment trust               
fund for land obtained under the Act of Congress of January 21,                
1929, as amended, and transferring responsibility for management               
and investment of those assets; and making technical amendments                
to provisions relating to federal grants and appropriations from               
federal land grant college fund sources that must be paid to the               
state.                                                                         
                                                                               
was read the first time and referred to the Finance Committee.