An Act relating to the Board of Regents of the University of Alaska; and providing for an effective date.

HB 10 requires the University of Alaska Board of Regents to include at least one full-time, tenured faculty member from one of the three main campuses (Anchorage, Fairbanks, or Southeast) as a regent. This faculty regent must be selected through campus elections by each university's faculty senate, with the governor appointing from the submitted list within 60 days. The bill also reduces the board's quorum requirement from seven to six regents for meetings. These changes directly affect the governance structure of the University of Alaska system, ensuring faculty representation on its governing board.