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HOUSE BILL NO. 250
IN THE LEGISLATURE OF THE STATE OF ALASKA
THIRTY-SECOND LEGISLATURE - SECOND SESSION
BY REPRESENTATIVE WOOL
Introduced: 1/18/22
Referred: Finance
A BILL
FOR AN ACT ENTITLED
1 "An Act making appropriations for community assistance payments; making
2 appropriations for state aid for costs of school construction; capitalizing funds; making
3 supplemental appropriations; and providing for an effective date."
4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:
5 * Section 1. DEPARTMENT OF COMMERCE, COMMUNITY, AND ECONOMIC
6 DEVELOPMENT. The sum of $7,100,000 is appropriated from the general fund to the
7 Department of Commerce, Community, and Economic Development for community
8 assistance payments to eligible recipients under the community assistance program, for the
9 fiscal year ending June 30, 2022.
10 * Sec. 2. DEBT AND OTHER OBLIGATIONS. The amount necessary, after the
11 appropriations made in sec. 68(l), ch. 1, SSSLA 2021, estimated to be $48,594,460, is
12 appropriated from the general fund to the Department of Education and Early Development
13 for state aid for costs of school construction under AS 14.11.100 for the fiscal year ending
14 June 30, 2022.
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1 * Sec. 3. FUND CAPITALIZATION. (a) The sum of $31,800,000 is appropriated from the
2 general fund to the community assistance fund (AS 29.60.850).
3 (b) The amount calculated under AS 14.11.025(b), after the appropriation made in
4 sec. 70(k), ch. 1, SSSLA 2021, estimated to be $17,119,000, is appropriated from the general
5 fund to the regional educational attendance area and small municipal school district school
6 fund (AS 14.11.030(a)).
7 (c) The sum of $60,000,000 is appropriated from the general fund to the oil and gas
8 tax credit fund (AS 43.55.028).
9 * Sec. 4. FUND TRANSFERS. Amounts equal to the deposits in the budget reserve fund
10 (art. IX, sec. 17, Constitution of the State of Alaska) for fiscal year 2021 made from subfunds
11 and accounts of the general fund by operation of art. IX, sec. 17(d), Constitution of the State
12 of Alaska, to repay appropriations from the budget reserve fund (art. IX, sec. 17, Constitution
13 of the State of Alaska), are appropriated from the general fund to the subfunds and accounts
14 from which those funds were deposited.
15 * Sec. 5. LAPSE OF APPROPRIATIONS. The appropriations made in sec. 3 of this Act are
16 for the capitalization of funds and do not lapse.
17 * Sec. 6. This Act takes effect immediately under AS 01.10.070(c).
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