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.