1997-03-21                     House Journal                      Page 0787
SB 84                                                                        
The following was read the second time:                                        
                                                                               
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.                                                     
                                                                               
with the:                                                 Journal Page         
                                                                               
	FIN RPT  10DP                                                     634         
	2 SENATE ZERO FNS (UA, REV) 2/19/97                               634         
                                                                               
                                                                               
Representative Foster moved and asked unanimous consent that                   
SB84am be considered engrossed, advanced to third reading and                  
placed on final passage.  There being no objection, it was so ordered.         
                                                                               
SB 84 am was read the third time.                                              
                                                                               
The question being:  Shall SB 84 am pass the House?  The roll was              
taken with the following result:                                               

1997-03-21                     House Journal                      Page 0788
SB 84                                                                        
                                                                               
SB 84 am                                                                       
Third Reading                                                                  
Final Passage                                                                  
                                                                               
YEAS:  34   NAYS:  0   EXCUSED:  6   ABSENT:  0                              
                                                                               
Yeas:  Berkowitz, Brice, Bunde, Cowdery, Croft, Davies, Davis,                 
Dyson, Elton, Foster, Green, Grussendorf, Hanley, Hodgins, Hudson,             
Ivan, James, Joule, Kelly, Kemplen, Kohring, Kookesh, Kott, Martin,            
Masek, Moses, Ogan, Phillips, Rokeberg, Ryan, Sanders, Therriault,             
Vezey, Williams                                                                
                                                                               
Excused:  Austerman, Barnes, Kubina, Mulder, Nicholia, Porter                  
                                                                               
And so, SB 84 am passed the House, was signed by the Speaker and               
Chief Clerk and returned to the Senate.