Arizona Statehood and Enabling Act Amendments of 1999

To protect the permanent trust funds of the State of Arizona from erosion due to inflation and modify the basis on which distributions are made from those funds.

Subjects

Public Lands and Natural Resources

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Summary

Arizona Statehood and Enabling Act Amendments of 1999 - Requires: (1) the permanent trust funds of Arizona, including all interest, dividends, other income, and appreciation in the market value of assets of the funds, to be prudently invested on a total rate of return basis; and (2) distributions from such funds to be made as provided in Arizona's Constitution.

Allows amounts in the Miners' Hospital Endowment Fund to be used for the Arizona Pioneers' Home and makes such amendment effective as of June 20, 1910.

Declares that Congress consents to the amendments to the Constitution of the State of Arizona approved by the voters of Arizona on November 3, 1998.

Full Text

Related Legislation

S. 415Arizona Statehood and Enabling Act Amendments of 1999
2000-02-10Indefinitely postponed by Senate by Unanimous Consent.
Related

Legislative Actions

1999-05-13
Reported by the Committee on Resources. H. Rept. 106-140.
1999-05-13
Placed on the Union Calendar, Calendar No. 79.
1999-08-02
Mr. Saxton moved to suspend the rules and pass the bill.
1999-08-02
Considered under suspension of the rules. (consideration: CR H6773-6775)
1999-08-02
DEBATE - The House proceeded with forty minutes of debate on H.R. 747.
1999-08-02
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
1999-08-02
Considered as unfinished business. (consideration: CR H6809)
1999-08-02
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 416 - 0 (Roll no. 357).(text: CR H6774)
Roll Call #357 (House)
1999-08-02
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 416 - 0 (Roll no. 357). (text: CR H6774)
Roll Call #357 (House)
1999-08-02
Motion to reconsider laid on the table Agreed to without objection.

Enacted as Public Law 106-133

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