1997-03-14                     House Journal                      Page 0679
SB 84                                                                        
Representative Davies added his name as cross sponsor to:                      
                                                                               
SENATE BILL NO. 84 am                                                         
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; 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; and affirming that the Board of Regents and officers of the             
University of Alaska may not expend 'university receipts' without              
legislative appropriation.