1997-02-11                     Senate Journal                      Page 0284
SB 84                                                                        
SENATE BILL NO. 84 BY SENATORS WILKEN, Sharp, 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 Alaskas                                
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 Health, Education and              
Social Services and Finance Committees.