State of Alaska
Fiscal Note
Bill Version: CSSB 11(JUD)
2022 Legislative Session
Fiscal Note Number: 2
(H) Publish Date: 2/16/2022
Identifier: SB011CS(JUD)-JUD-ACS-02-02-22 Department: Judiciary
Title: COMMUNITY PROPERTY TRUSTS Appropriation: Alaska Court System
Sponsor: BEGICH Allocation: Trial Courts
Requester: House Labor & Commerce OMB Component Number: 768
Expenditures/Revenues
Note: Amounts do not include inflation unless otherwise noted below. (Thousands of Dollars)
Included in
FY2023 Governor's
Appropriation FY2023 Out-Year Cost Estimates
Requested Request
OPERATING EXPENDITURES FY 2023 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028
Personal Services
Travel
Services
Commodities
Capital Outlay
Grants & Benefits
Miscellaneous
Total Operating 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Fund Source (Operating Only)
None
Total 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Positions
Full-time
Part-time
Temporary
Change in Revenues
None
Total 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Estimated SUPPLEMENTAL (FY2022) cost: 0.0 (separate supplemental appropriation required)
Estimated CAPITAL (FY2023) cost: 0.0 (separate capital appropriation required)
Does the bill create or modify a new fund or account? 0
(Supplemental/Capital/New Fund - discuss reasons and fund source(s) in analysis section)
ASSOCIATED REGULATIONS
Does the bill direct, or will the bill result in, regulation changes adopted by your agency? NA
If yes, by what date are the regulations to be adopted, amended or repealed? NA
Why this fiscal note differs from previous version/comments:
Updated for 2022 session
Prepared By: Nancy Meade, General Counsel Phone: (907)463-4736
Division: Alaska Court System Date: 02/02/2022 02:00 PM
Approved By: Nancy Meade for Stacey Marz, Administrative Director Date: 02/02/22
Agency: Alaska Court System
Printed 2/16/2022 Page 1 of 2 Control Code: bbFoc
CSSB 11(JUD) - Fiscal Note 2
FISCAL NOTE ANALYSIS
STATE OF ALASKA BILL NO. SB11
2022 LEGISLATIVE SESSION
Analysis
SB 11 modifies the community property law to explicitly provide that the income generated by, and the appreciation of, a
community property trust are themselves community property.
This change is not expected to have any operational or fiscal impact on the court system, which therefore submits this
zero fiscal note.
(Revised 11/23/2021 OMB/LFD) Page 2 of 2
SB011CS(JUD)-JUD-ACS-02-02-22 Page 2 of 2 Control Code: bbFoc
Statutes affected: SB0011A, AM SB 11, introduced 01/22/2021: 34.77.030, 34.77.900
SB0011B, AM CSSB 11(JUD), introduced 05/11/2021, passed Senate 05/17/2021: 34.77.030, 34.77.900
SB0011Z, AM Enrolled SB 11, introduced 05/10/2022: 34.77.030, 34.77.900
SB0011B, AM CSSB 11(JUD), introduced 05/11/2021: 34.77.030, 34.77.900