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AK HB176

Bill

Status

Introduced

5/15/2019

Primary Sponsor

David Eastman

Click for details

Origin

House of Representatives

31st Legislature

AI Summary

  • Requires the four public members of the Alaska Permanent Fund Corporation Board of Trustees to be separately confirmed by a majority of the legislature in joint session.

  • Changes reappointment language for public board members to require confirmation by a majority of the legislature in joint session for terms of four years.

  • Requires legislative confirmation for any board vacancy filled by gubernatorial appointment, with interim appointment authority allowed when legislature is not in session.

  • Does not apply confirmation requirements to board members already serving on the January 1, 2020 effective date, only to future appointments and reappointments.

Legislative Description

Permanent Fund Corp Board Confirmation

Public Finance

Last Action

REFERRED TO STATE AFFAIRS

5/15/2019

Committee Referrals

State Affairs5/15/2019

Full Bill Text

No bill text available