State of Alaska
Fiscal Note
Bill Version: SCS HB 127(FIN)
2022 Legislative Session
Fiscal Note Number: 3
(S) Publish Date: 5/16/2022
Identifier: HB127SCS(FIN)-DCCED-ARRC-05-16-22 Department: Department of Commerce, Community and
Title: MUNI BOND BANK: UA, LOAN AND BOND Economic Development
LIMITS Appropriation: Alaska Railroad Corporation
Sponsor: LEBON Allocation: Alaska Railroad
Requester: (S) TRANSPORTATION OMB Component Number: 0
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? No
(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? No
If yes, by what date are the regulations to be adopted, amended or repealed? N/A
Why this fiscal note differs from previous version/comments:
Not applicable, initial version.
Prepared By: Bill O'Leary, President Phone: (907)265-2403
Division: Alaska Railroad Corporation
REPORT Date: 05/16/2022
ED
SFC 05/1 OUT OF
Approved By: Micaela Fowler, Administrative Services Director Date: 05/16/2022
Agency: Department of Commerce, Community, and Economic Development
6/2022
Printed 5/16/2022 Page 1 of 2 Control Code: XtvfE
SCS HB 127(FIN) - Fiscal Note 3
FISCAL NOTE ANALYSIS
STATE OF ALASKA BILL NO. SCS HB 127 (FIN)
2022 LEGISLATIVE SESSION
Analysis
HB 127 authorizes the Alaska Railroad Corporation (ARRC) to issue revenue bonds under AS 42.40.250 to finance the
replacement of the ARRCs passenger dock and related terminal facility in Seward, AK, as well as associated costs.
The ARRC does not anticipate fiscal impact from this legislation.
(Revised 11/23/2021 OMB/LFD) Page 2 of 2
HB127SCS(FIN)-DCCED-ARRC-05-16-22 Page 2 of 2 Control Code: XtvfE
Statutes affected: HB0127A, AM HB 127, introduced 03/05/2021, passed House 05/05/2021: 44.85.010, 44.85.085, 37.15.903, 44.85.090, 44.85.180
HB0127B, AM SCS HB 127(FIN), introduced 05/15/2022: 44.85.010, 44.85.085, 37.15.903, 44.85.090, 44.85.180
HB0127Z, AM Enrolled HB 127, introduced 05/18/2022: 44.85.010, 44.85.085, 37.15.903, 44.85.090, 44.85.180
HB0127A, AM HB 127, introduced 03/05/2021: 44.85.010, 44.85.085, 37.15.903, 44.85.090, 44.85.180