SSTA - 3/2/95                                                                 
                                                                               
         SB  51 DISPOSITION OF PERMANENT FUND INCOME                         
                                                                               
 SENATOR SHARP brings up SB 51 as the next order of business before            
 the Senate State Affairs Committee and calls the first witness.               
                                                                               
 SENATOR RIEGER states a response on SB 51 from the Alaska Permanent           
 Fund Corporation has been provided to the committee.  The                     
 corporation takes a neutral position on the bill, other than                  
 stating they have always welcomed changes that enhance the                    
 corporation's ability to protect the principal of the fund.                   
                                                                               
 Number 543                                                                    
                                                                               
 SENATOR LEMAN makes a motion to discharge SB 51 from the Senate               
 State Affairs Committee with individual recommendations.                      
                                                                               
 CHAIRMAN SHARP, hearing no objection, orders SB 51 released from              
 committee with individual recommendations.