03/23/1993 08:00 AM House STA

  HB 59:  APPROP: VETS' LAND DISCOUNT REFUND                                   
                                                                               
  Number 208                                                                   
                                                                               
  CHAIRMAN VEZEY explained the committee members' reservations                 
  for not passing HB 59 from committee.  He detailed the                       
  concerns over whether the University of Alaska had taken                     
  veterans land into foreclosure after taking some payments on                 
  the land, and then being reimbursed for the original amount.                 
  He then called for any additional testimony on HB 59.                        
                                                                               
  Number 235                                                                   
                                                                               
  WENDY REDMAN, VICE PRESIDENT FOR UNIVERSITY RELATIONS                        
  explained the University never defaulted on land held by                     
  veterans, and a previous spreadsheet given the committee was                 
  in error.                                                                    
                                                                               
  Number 242                                                                   
                                                                               
  CHAIRMAN VEZEY asked for clarification that the university                   
  never foreclosed on a veteran.                                               
                                                                               
  MS. REDMAN clarified the University had not.                                 
                                                                               
  Number 251                                                                   
                                                                               
  REPRESENTATIVE B. DAVIS MOVED passage of HB 59.                              
                                                                               
  HB 59 PASSED from committee with a 7-0 vote.                                 
                                                                               
  ADJOURNMENT                                                                  
                                                                               
  Number 270                                                                   
                                                                               
  CHAIRMAN VEZEY noted the completion of the agenda and                        
  adjourned the meeting at 9:48 a.m.