The committee took up CSHB 64(FIN)-APPROPRIATIONS FOR Y2K & CORRECTIONS. CHAIRMAN KELLY asked if the total appropriation is $18,488,553. SENATOR PEARCE explained $18 million is the total amount but that $11 million is appropriated from the CBR in the Senate Finance Committee version. SENATOR MILLER moved CSHB 64(FIN)(title am)-APPROPRIATIONS FOR Y2K & CORRECTIONS for calendaring. SENATOR ELLIS objected to protest that the amount provided for the University of Alaska is under funded by about $1 million. SENATOR LEMAN acknowledged that point could be argued, but said DOTPF was also under funded by $2 million and Commissioner Poe testified that some of the costs cannot be calculated accurately until the projects are underway. He added the Senate Finance Committee's goal was to fund as many of the University's mission- critical projects as possible so it identified the highest priority items, some of which may be able to incorporate lower priority items. The motion to calendar CSHB 64(FIN)(title am) carried with Senators Leman, Miller, Pearce, and Kelly voting "Yea," and Senator Ellis voting "Nay." SENATOR PEARCE moved that the Senate Finance Committee letter of intent for CSHB 64(FIN)(title am) be calendared with the bill. There being no objection, the motion carried.