2004-03-25                     House Journal                      Page 3082
Permanent Fund from partisan politics by making it more likely that                                 
Board members would be retained until the expiration of their terms.                                
The state invests a great deal in the experience and training provided                              
to Board members.  It is in our best interests to reap the full benefit of                          
this investment.  The Alaska Permanent Fund Corporation benefits                                    
from having experienced Board members direct policy for                                             
management of the Permanent Fund.                                                                   
                                                                                                    
I urge your prompt and favorable action on this measure.                                            
                                                                                                    
                                Sincerely yours,                                                    
                                /s/                                                                 
                                Frank H. Murkowski                                                  
                                Governor"                                                          
                                                                                                    
HB 545                                                                                            
HOUSE BILL NO. 545 by the House Rules Committee by request of                                       
the Governor, entitled:                                                                             
                                                                                                    
     "An Act relating to the extension under the State Procurement                                  
     Code of terms for leases for real estate and certain terms for                                 
     certain state contracts for goods and services; and providing for an                           
     effective date."                                                                               
                                                                                                    
was read the first time and referred to the Labor & Commerce and                                    
Judiciary Committees.                                                                               
                                                                                                    
The following fiscal note(s) apply:                                                                 
                                                                                                    
1.  Zero, Dept. of Administration                                                                   
                                                                                                    
The Governor's transmittal letter dated March 24, 2004, follows:                                    
                                                                                                    
"Dear Speaker Kott:                                                                                 
                                                                                                    
Under the authority of article III, section 18 of the Alaska                                        
Constitution, I am transmitting a bill relating to the extension of terms                           
for leases and terms for contracts for goods and services under the                                 
State Procurement Code.