Legislature(2005 - 2006)

2006-03-31 Senate Journal

Full Journal pdf

2006-03-31                     Senate Journal                      Page 2646
HB 92                                                                                             
SENATE CS FOR CS FOR HOUSE BILL NO. 92(JUD) "An Act                                                 
relating to the purchase of interests in corporations, including limited                            
liability companies, by the University of Alaska" was read the third                                
time.                                                                                               
                                                                                                    
Senator Seekins moved that the bill be returned to second reading for                               
the purpose of a specific amendment, that being Amendment No. 1.                                    
Without objection, the bill was returned to second reading.                                         
                                                                                                    
Senator Seekins offered Amendment No. 1 :                                                            
                                                                                                    
Page 2, line 1, following "section,":                                                               
      Insert "(1)"                                                                                  
                                                                                                    
Page 2, line 4, following "agreement":                                                              
      Insert "; or                                                                                  
                (2)  unless the university has engaged in fraudulent or other                       
             wrongful conduct relating to an obligation of the corporation                          
             or to the assets of the corporation that may be used to pay the                        
             obligation"                                                                            
                                                                                                    

2006-03-31                     Senate Journal                      Page 2647
Senator Seekins moved for the adoption of Amendment No. 1.                                          
Without objection, Amendment No. 1 was adopted.                                                     
                                                                                                    
SENATE CS FOR CS FOR HOUSE BILL NO. 92(JUD) am S was                                                
automatically in third reading.                                                                     
                                                                                                    
Senators Ellis, Wilken, Guess, Gary Stevens, Elton, French, Huggins,                                
Dyson, Seekins, Bunde, Therriault moved and asked unanimous                                         
consent to be shown as cross sponsors on the bill. Without objection, it                            
was so ordered.                                                                                     
                                                                                                    
The question being: "Shall SENATE CS FOR CS FOR HOUSE BILL                                          
NO. 92(JUD) am S "An Act relating to the purchase of interests in                                   
corporations, including limited liability companies, by the University                              
of Alaska" pass the Senate?" The roll was taken with the following                                  
result:                                                                                             
                                                                                                    
SCS CSHB 92(JUD) am S                                                                               
Third Reading - Final Passage                                                                       
                                                                                                    
YEAS:  19   NAYS:  0   EXCUSED:  1   ABSENT:  0                                                   
                                                                                                    
Yeas:  Bunde, Cowdery, Davis, Dyson, Ellis, Elton, French, Green,                                   
Guess, Hoffman, Huggins, Kookesh, Olson, Seekins, Stedman,                                          
Stevens B, Stevens G, Therriault, Wilken                                                            
                                                                                                    
Excused:  Wagoner                                                                                   
                                                                                                    
and so, SENATE CS FOR CS FOR HOUSE BILL NO. 92(JUD) am S                                            
passed the Senate and was referred to the Secretary for engrossment.