Legislature(2019 - 2020)

2019-05-14 House Journal

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2019-05-14                     House Journal                      Page 1017
HB 139                                                                                                                        
The following was read the second time:                                                                                         
     HOUSE BILL NO. 139                                                                                                         
     "An Act providing an exemption from the state procurement code                                                             
     for the acquisition of investment-related services for assets                                                              
     managed by the Board of Trustees of the Alaska Permanent Fund                                                              
with the:                                                     Journal Page                                                      
 STA RPT 4DP 2NR 843                                                                                                            
 FN1: ZERO(REV) 843                                                                                                             
 FIN RPT 4DP 6NR 1011                                                                                                           
 FN1: ZERO(REV) 1012                                                                                                            
Amendment No. 1 was offered  by Representative Eastman:                                                                          

2019-05-14                     House Journal                      Page 1018
Page 1, line 3, following "Corporations"(title amendment):                                                                    
 Insert "and relating to the confirmation of the appointees of                                                                
the Board of Trustees of the Alaska Permanent Fund                                                                            
Page 1, following line 8, insert a new bill section to read:                                                                    
"* Sec. 2. AS 37.13.050(a) is amended to read:                                                                                
 (a) The Board of Trustees of the Alaska Permanent Fund                                                                         
Corporation consists of six members appointed by the governor.  Two                                                             
of the members must be heads of principal departments of state                                                                  
government, one of whom shall be the commissioner of revenue. Four                                                              
members shall be appointed by the governor from the public and may                                                              
not hold any other state or federal office, position or employment,                                                             
either elective or appointive, except as a member of the armed forces                                                           
of either the United States or of this state. The public members of the                                                     
board shall be separately confirmed by a majority of the members                                                            
of the legislature in joint session."                                                                                       
Representative Eastman moved and asked unanimous consent that                                                                   
Amendment No. 1 be adopted.                                                                                                     
Representative Johnston objected.                                                                                               
The question being:  "Shall Amendment No. 1 be adopted?"  The roll                                                              
was taken with the following result:                                                                                            
HB 139                                                                                                                          
Second Reading                                                                                                                  
Amendment No. 1                                                                                                                 
YEAS:  12   NAYS:  26   EXCUSED:  0   ABSENT:  2                                                                              
Yeas:  Carpenter, Eastman, Jackson, Johnson, Neuman, Pruitt,                                                                    
Rauscher, Revak, Sullivan-Leonard, Talerico, Tilton, Vance                                                                      
Nays:  Claman, Drummond, Edgmon, Fields, Hannan, Hopkins,                                                                       
Johnston, Josephson, Knopp, Kopp, Kreiss-Tomkins, LeBon, LeDoux,                                                                
Lincoln, Merrick, Ortiz, Rasmussen, Shaw, Spohnholz, Story, Stutes,                                                             
Thompson, Tuck, Wilson, Wool, Zulkosky                                                                                          
Absent:  Foster, Tarr                                                                                                           

2019-05-14                     House Journal                      Page 1019
And so, Amendment No. 1 was not adopted.                                                                                        
Representative Thompson moved and asked unanimous consent that                                                                  
HB 139 be considered engrossed, advanced to third reading, and                                                                  
placed on final passage.                                                                                                        
There was objection.                                                                                                            
HB 139 will advance to third reading on tomorrow's calendar.