State of Alaska
Fiscal Note
Bill Version: CSSB 118(FIN)
2024 Legislative Session
Fiscal Note Number: 3
(S) Publish Date: 4/19/2024
Identifier: SB118-DCCED-CBPL-04-16-24 Department: Department of Commerce, Community and
Title: CRITICAL NATURAL RESOURCES; REPORTS Economic Development
Sponsor: MERRICK Appropriation: Community and Regional Affairs
Requester: (S) FINANCE Allocation: Community and Regional Affairs
OMB Component Number: 2879
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 40.0 40.0 40.0 40.0 40.0 40.0
Commodities
Capital Outlay
Grants & Benefits
Miscellaneous
Total Operating 40.0 0.0 40.0 40.0 40.0 40.0 40.0
Fund Source (Operating Only)
1004 Gen Fund (UGF) 40.0 40.0 40.0 40.0 40.0 40.0
Total 40.0 0.0 40.0 40.0 40.0 40.0 40.0
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? 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If yes, by what date are the regulations to be adopted, amended or repealed?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:
Updated to revise costs and remove the previously projected position, and reflect revised projected cost of using contractual support to
complete the report.
Prepared By: Sandra Moller, Director Phone: (907)269-4569
Division: Community and Regional Affairs
REPORT Date: 04/16/2024
ED
SFC 04/1 OUT OF
Approved By: Hannah Lager, Administrative Services Director Date: 04/16/24
Agency: Commerce, Community, and Economic Development
7/2024
Printed 4/17/2024 Page 1 of 2 Control Code: wgVHv
CSSB 118(FIN) - Fiscal Note 3
FISCAL NOTE ANALYSIS
STATE OF ALASKA BILL NO. SB 118
2024 LEGISLATIVE SESSION
Analysis
This legislation directs the Department of Commerce, Community, and Economic Development to provide a report to the
legislature identifying the state’s role in innovation, manufacturing, and transportation to support the global energy
transition. The report will analyze the potential role of state goods in supply chains critical to the global energy transition,
including the potential use of state goods in electric batteries, solar panels, wind turbines, and connected consumer
devices. The report must evaluate whether the state’s location is valuable in the global supply chain and identify strategies
for the next three, five, and 10 years to develop state innovation, manufacturing, and transportation.
The Division of Community and Regional Affairs does not have capacity to conduct the research needed to prepare this
report and will need to hire a contractor to perform these duties.
If this bill passes, the following expenses will be incurred:
Services: $40.0 Contractual support to prepare required report
(Revised 10/31/2023 OMB/LFD) Page 2 of 2
SB118-DCCED-CBPL-04-16-24 Page 2 of 2 Control Code: wgVHv