SENATE BILL NO. 220                                                           
An Act making a supplemental appropriation to the                              
Alaska Permanent Fund Corporation; and providing for an                        
effective date.                                                                
                                                                               
Jim Kelly and Peter Bushre from the Alaska Permanent Fund                      
Corporation were invited to join the committee and testified                   
on behalf of the bill.  Senator Torgerson moved amendment                      
amount of $4,494,000 under general funds and also line 4 of                    
page one ; without objection it was adopted.  Senator Adams                    
moved CSSB 220(FIN) and without objection it was REPORTED                      
OUT.                                                                           
                                                                               
                                                                               
ADJOURNMENT                                                                    
                                                                               
Co-chair Pearce recessed the meeting at 10:15 a.m. noting                      
time of 8:00 a.m. for tomorrow's meeting.                                      
SFC-98 1 1/26/98