Legislature(1993 - 1994)

04/28/1994 03:22 PM L&C

Audio Topic
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
txt
 SENATOR KELLY announced  CSHB 277(JUD)  (INDEMNIFICATION OF PUBLIC            
 EMPLOYEES) to be up for consideration.                                        
                                                                               
 ERIC MUSSER, Legislative Aide to Representative Brian Porter, said            
 essentially, HB 277 to a public employee is the same as an officers           
 and directors liability policy in the private sector.  The would              
 cover a gap in non covered employees.  The Municipality of                    
 Anchorage asked them to introduce this legislation.  This gives the           
 lending community reassurance that there are provisions for defense           
 and/or indemnification.                                                       
                                                                               
 MR. MUSSER said on page 5, line 1, they had no problem with                   
 removing the word "oral."                                                     
                                                                               
 Number 127                                                                    
                                                                               
 SENATOR LINCOLN moved on page 5, line 1 to delete "oral."  There              
 were no objections and it was so ordered.                                     
                                                                               
 SENATOR RIEGER moved on page 5, line 2 to delete "or implied."                
 There were no objections and it was so ordered.                               
                                                                               
 SENATOR RIEGER moved to insert "written and expressed" on line 2.             
 There were no objections and it was so ordered.                               
                                                                               
 SENATOR KELLY noted that the intent was for it to go into effect 90           
 days after signature.                                                         
                                                                               
 SENATOR SALO moved to pass SCS CSHB 277(L&C) from committee with              
 individual recommendations.  There were no objections and it was so           
 ordered.                                                                      

Document Name Date/Time Subjects