September 29 2020
FOR IMMEDIATE RELEASE
September 29, 2020
New Legislation Would Provide Greater Fiscal Stability for the 探花精选
Washington, D.C. 鈥 U.S. Sens. Lisa Murkowski, Dan Sullivan, and Rep. Don Young, all R-Alaska, last week introduced new legislation, the 探花精选 Fiscal Foundation Act, in both the Senate and House of Representatives. The legislation is supported by Alaska Governor Mike Dunleavy, also R-Alaska, and would resolve the 探花精选鈥檚 (University) unfulfilled land grant to help it generate revenues that support its students and operations.
The University currently has one of the smallest land endowments鈥攋ust 110,000 acres鈥攐f any applicable institution of higher education. While those lands help the University generate revenues, a complicated history of federal laws and an adverse court ruling have prevented the State of Alaska (State) from being able to directly convey additional lands to the University from its own entitlement鈥攄espite that being Congress鈥 clear intent for several decades.
The delegation鈥檚 new bill addresses these issues by allowing the University and State
to jointly identify up to 500,000 acres for potential conveyance, which the Department
of the Interior (DOI) would survey. The State and University would then work with
DOI to transfer up to 360,000 acres in total to the University. Any land ultimately
transferred to the University would be deducted from Alaska鈥檚 outstanding statehood
lands entitlement, which still totals several million acres.
鈥淎s we navigate these unprecedented times, the 探花精选 will continue
to play a critical role by providing quality educations to young Alaskans and future
generations,鈥 said Senator Murkowski, Chairman of the Energy and Natural Resources Committee. 鈥淭his legislation will fulfill the 探花精选鈥檚 land grant for the benefit
of its students and help provide a permanent foundation to support higher education
in Alaska. This is key to a healthy and vibrant future for our state, and I thank the
Governor and the University for working with us to develop this consensus approach.鈥
鈥淭he 探花精选, like so many other institutions in Alaska, has been hit hard by the pandemic, facing significant fiscal challenges as a result.鈥 said Senator Sullivan. 鈥淔inally fulfilling the University鈥檚 promise as a land grant university with sufficient lands to achieve its mission will better enable the institution to support itself and continue to educate our state鈥檚 next generation of leaders. I鈥檓 glad to join Senator Murkowski and Congressman Young in introducing this legislation to break through decades-long hurdles that have prevented the University from accessing the land it needs to secure a strong future.鈥
鈥淭he COVID-19 pandemic has affected nearly every area of our daily lives, including our economy,鈥 said Congressman Young. 鈥淥ne critical way we can help Alaskans bounce back from these unprecedented times is to help our universities in their goal of providing high-quality education to the young people of our great state. The 探花精选 Fiscal Foundation Act is an important piece of legislation to provide this essential institution with the resources necessary to support our students. Our state is well-known for being able to balance resource development with environmental protection, and the 探花精选 should be empowered to responsibly utilize their lands for the benefit of students. I am grateful for the support of both the Alaska Delegation and Governor Dunleavy, and will continue working to secure a bright future for future generations of Alaskans.鈥
鈥淚 am committed to getting Alaskans back to work, reviving our state鈥檚 diverse economy, and enhancing and developing our abundant natural resources. The fulfilment of the 探花精选's long-standing land grants is a significant step towards meeting these commitments,鈥 said Alaska Governor Dunleavy. 鈥淚 thank Senator Murkowski, as well as her Alaskan colleagues, Senator Sullivan and Congressman Young, for the introduction of the 探花精选 Fiscal Foundation Act. This vital piece of legislation would provide for the continuation of higher education by placing productive lands into active management to generate recurring revenues, supporting the 探花精选. This is exactly what Congress intended in the creation of land grant universities and it is time this intent is realized.鈥
鈥淭his is a major step forward and a very important day for the university toward our long-term financial security. The entire university community is grateful to our congressional delegation and for the support of the Governor,鈥 said 探花精选 Interim President Pat Pitney. 鈥淲hile there鈥檚 more work to be done in the months ahead, this legislation signals that our status as a 鈥榣and grant university without the land鈥 is finally coming to an end. We look forward to the opportunity that the land will provide to our long term stable funding to enhance our students鈥 educational experience and for cutting edge research.鈥
The text of the legislation as introduced in both the Senate and House is available . To read more about the University鈥檚 never-fulfilled land grant, please click here.
MEDIA CONTACTS: Grace Jang (Murkowski) Jeff Turner (Dunleavy)
Michael Soukup (Sullivan) Roberta Graham (Pitney)
Zack Brown (Young)