SENATE RULES COMMITTEE                                    
                         March 20, 1996                                        
                           10:45 a.m.                                          
                                                                               
  MEMBERS PRESENT                                                              
                                                                               
 Senator Mike Miller, Chair                                                    
 Senator Drue Pearce, Vice Chair                                               
 Senator Bert Sharp                                                            
 Senator Jim Duncan                                                            
 Senator Judy Salo                                                             
                                                                               
  MEMBERS ABSENT                                                               
                                                                               
 All members present                                                           
                                                                               
  COMMITTEE CALENDAR                                                           
                                                                               
 SENATE BILL NO. 250                                                           
 "An Act relating to the University of Alaska and to assets of the             
 University of Alaska; authorizing the University of Alaska to                 
 select additional state public domain land, designating that land             
 as `university trust land,' and describing the principles                     
 applicable to the land's management; and defining the net income              
 from the University of Alaska's endowment trust fund as `university           
 receipts' subject to prior legislative appropriation."                        
                                                                               
  PREVIOUS SENATE COMMITTEE ACTION                                             
                                                                               
 SB 250 - Finance report 2/15/96.                                              
          Rules minutes dated 2/19/96.                                         
                                                                               
    ACTION NARRATIVE                                                           
 TAPE 96-4, SIDE A                                                             
                                                                               
  CHAIRMAN MILLER  called the Senate Rules Committee meeting to order          
 at 10:45 a.m.  He brought  SB 250  (UNIV. OF ALASKA: LAND GRANT &             
 ASSETS) before the committee.  The bill was returned to the Rules             
 Committee from the Senate floor on March 6.                                   
                                                                               
 SENATOR DUNCAN related that the last time he talked to the                    
 Administration there were still concerns with the bill, and he                
 asked if something had been worked out.  CHAIRMAN MILLER responded            
 he did not know, and he suggested he would have to ask Senator                
 Frank that question.                                                          
                                                                               
 SENATOR SHARP moved and asked unanimous consent SB 250 be approved            
 for calendaring.  SENATOR DUNCAN objected.  The roll was taken with           
 the following result:  Senators Pearce, Sharp and Miller voted                
 "Yea" and Senators Salo and Duncan voted "Nay."  The Chairman                 
 stated the motion carried on a 3-2 vote.                                      
                                                                               
 There being no further business to come before the committee, the             
 meeting was adjourned at 10:49 a.m.