Legislature(1997 - 1998)

1997-04-11 Senate Journal

Full Journal pdf

1997-04-11                     Senate Journal                      Page 1098
SB 84                                                                        
Message dated and received April 10 was read, stating the Governor             
signed the following bill and transmitted the engrossed and enrolled           
copies to the Lieutenant Governors Office for permanent filing:                
                                                                               
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 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; 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.                                                                 
                                                                              
		Chapter 9, SLA 1997                                                          
		Effective Date: 7/9/97