State of Alaska
Fiscal Note
Bill Version: CSHB 55(L&C)
2024 Legislative Session
Fiscal Note Number: 14
(H) Publish Date: 5/6/2024
Identifier: HB055CS(L&C)-UA-SYSBRA-04-29-2024 Department: University of Alaska
Title: EXTEND WORKFORCE INVEST BOARD Appropriation: University of Alaska
ALLOCATIONS Allocation: Budget Reductions/Additions - Systemwide
Sponsor: CARRICK OMB Component Number: 1296
Requester: (H) Finance Committee
Expenditures/Revenues
Note: Amounts do not include inflation unless otherwise noted below. (Thousands of Dollars)
Included in
FY2025 Governor's
Appropriation FY2025 Out-Year Cost Estimates
Requested Request
OPERATING EXPENDITURES FY 2025 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030
Personal Services
Travel
Services
Commodities
Capital Outlay
Grants & Benefits 6,746.9
Miscellaneous
Total Operating 6,746.9 0.0 0.0 0.0 0.0 0.0 0.0
Fund Source (Operating Only)
1151 VoTech Ed (DGF) 6,746.9
Total 6,746.9 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 (FY2024) cost: 0.0 (separate supplemental appropriation required)
Estimated CAPITAL (FY2025) cost: 0.0 (separate capital appropriation required)
Does the bill create or modify a new fund or account? N
(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? N
If yes, by what date are the regulations to be adopted, amended or repealed?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:
Reflects changes in the House Labor and Commerce committee substitute.
Prepared By: Alesia Kruckenberg, Director Phone: (907)450-8426
Division: University of Alaska System Office of Strategy, Planning and Budget Date: 04/29/2024 02:30 PM
Approved By: Michelle Rizk, Vice President Date:
OUT OF
04/29/24
Agency: University of Alaska REPORTED
Printed 5/6/2024 Page 1 of 2 HFC 05/06/2 024
Control Code: RSGhE
 CSHB 55(L&C) - Fiscal Note 14
FISCAL NOTE ANALYSIS
STATE OF ALASKA BILL NO. HB55
2024 LEGISLATIVE SESSION
Analysis
The House Labor & Commerce Committee Substitute for HB55 changes the sunset date for allocation of funds under the
Technical Vocational Education Program from June 30, 2024 to June 30, 2025.
All other provision in previous versions of the bill have been removed.
Funding authorization for the University of Alaska is modified by this fiscal note based on FY2025 Department of Labor and
Workforce Development revenue projections.
(Revised 10/31/2023 OMB/LFD) Page 2 of 2
HB055CS(L&C)-UA-SYSBRA-04-29-2024 Page 2 of 2 Control Code: RSGhE


Statutes affected:
HB0055A, AM HB 55, introduced 02/01/2023: 23.15.835, 23.15.840, 23.15.820, 23.15.850
HB0055B, AM CSHB 55(EDC), introduced 03/20/2024: 23.15.835, 23.20.175, 23.20.290, 37.10.050, 23.15.840, 23.15.820, 23.15.850
HB0055C, AM CSHB 55(L&C), introduced 04/10/2024: 23.15.835, 23.15.840, 23.15.820, 23.15.850