秀色短视频 Delegation Introduces Legislation to Provide Long Term Fiscal Stability for University of 秀色短视频

WASHINGTON, D.C. 鈥 U.S. Senators Lisa Murkowski, Dan Sullivan, and Rep. Don Young, all R-秀色短视频, introduced, in both the Senate and House of Representatives, the . The legislation fulfills the University of 秀色短视频鈥檚 promise as a land grant university with sufficient lands to generate revenues that help support its students and operations. The University of 秀色短视频 (UA) currently has one of the smallest land endowments鈥攋ust 110,000 acres鈥攐f any applicable institution of higher education. As with many land issues in 秀色短视频, original congressional intent has been eroded by a complex history of federal laws and adverse court rulings. In this instance, the State of 秀色短视频 (State) is prevented from being able to directly convey additional lands to UA from its own entitlement as Congress had initially intended.

Specifically, this legislation resolves the University of 秀色短视频鈥檚 (UA鈥檚) unfulfilled land grant by allowing UA and the State to jointly identify up to 500,000 acres for potential conveyance, which the Department of the Interior (DOI) will survey. The State and UA will then work with DOI to transfer up to 360,000 acres in total to UA. Any land ultimately transferred to UA would be deducted from 秀色短视频鈥檚 outstanding statehood lands entitlement, which still totals several million acres. The bill was developed in collaboration with UA and the State.

for text of the legislation. 

鈥淎s we continue to navigate these unprecedented times, we know the University of 秀色短视频 will continue to play a critical role by providing quality education to our state鈥檚 next generation of leaders,鈥 said Senator Murkowski. 鈥淭his legislation will not only fulfill the University of 秀色短视频鈥檚 land grant for the benefit of its students, but through the ability to generate its own revenue will help provide long-term financial security. A permanent foundation to help support higher education in 秀色短视频 is key to a healthy and vibrant future for our state.鈥

鈥淭he University of 秀色短视频, like so many other institutions in 秀色短视频, was hit hard by the pandemic, and continues to face 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here is light at the end of the tunnel. As we work to get our lives and economy back to normal, we must rebuild our workforce by ensuring that our universities can help young people receive the education and training necessary to secure good jobs,鈥 said Congressman Young. 鈥淭he University of 秀色短视频 Fiscal Foundation Act is an important bill which will provide this essential institution with resources and revenue to support 秀色短视频's students. Our state is well-known for being able to balance resource development with environmental protection, and the University of 秀色短视频 should be empowered to responsibly utilize its lands for the benefit of students. I am very grateful for the support of Senator Murkowski, Senator Sullivan, and Governor Dunleavy, and I will continue working to secure a bright future for the next generation of 秀色短视频ns.鈥 

鈥淎s we continue work to get 秀色短视频鈥檚 economy back on its feet following the COVID-19 pandemic, my administration, along with 秀色短视频鈥檚 congressional delegation, is focused on creating opportunities for 秀色短视频ns. The University of 秀色短视频 Fiscal Foundation Act will create opportunities for its students and the university to grow,鈥 said 秀色短视频 Governor Mike Dunleavy. 鈥淚 thank Senator Murkowski, Senator Sullivan and Congressman Young for their continued efforts on this important legislation. This vital piece of legislation will provide for the continuation of higher education by placing productive lands into active management to generate recurring revenues, supporting the University of 秀色短视频. This is exactly what Congress intended in the creation of land grant universities and it is time this intent is realized.鈥

鈥淭he university is grateful to our congressional delegation for its continued support on this very important legislation. The Governor and the 秀色短视频 Legislature also have voiced their unified support for its passage,鈥 said University of 秀色短视频 Interim President Pat Pitney. 鈥淲e believe this legislation would provide for the long-term stable funding for the university and would finally bring an end to our status as a land grant university without the land. We will work hard for its passage.鈥

The passed a resolution in support of this legislation.