State of Alaska
Fiscal Note
Bill Version: HB 242
2024 Legislative Session
Fiscal Note Number: 1
(H) Publish Date: 2/19/2024
Identifier: HB242-DOH-SBPP-01-31-24 Department: Department of Health
Title: EXTEND SENIOR BENEFITS PAYMENT Appropriation: Senior Benefits Payment Program
PROGRAM Allocation: Senior Benefits Payment Program
Sponsor: VANCE OMB Component Number: 2897
Requester: (H) HSS
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 23,542.3 24,013.1 24,493.4 24,983.3 25,482.9 25,992.6
Miscellaneous
Total Operating 23,542.3 0.0 24,013.1 24,493.4 24,983.3 25,482.9 25,992.6
Fund Source (Operating Only)
1004 Gen Fund (UGF) 23,542.3 24,013.1 24,493.4 24,983.3 25,482.9 25,992.6
Total 23,542.3 0.0 24,013.1 24,493.4 24,983.3 25,482.9 25,992.6
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? 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? No
If yes, by what date are the regulations to be adopted, amended or repealed?
Why this fiscal note differs from previous version/comments:
Corrected information about regulations. This bill does not require regulation changes.
Prepared By: Leslie Brewer - Administrative Operations Manager 2 Phone: (907)500-3306
Division: Public Assistance Date: 01/29/2024
Approved By: Raquel Solomon-Gross, Acting Assistant Commissioner Date: 01/31/24
Agency: Department of Health
Printed 2/15/2024 Page 1 of 2 Control Code: YrVtJ
 HB 242 - Fiscal Note 1
FISCAL NOTE ANALYSIS
STATE OF ALASKA BILL NO. HB242
2024 LEGISLATIVE SESSION
Analysis
Fiscal impact assumptions factor in current regulations for the Senior Benefits Payment Program which includes language
that instructs the division to reduce benefit payments for the highest income/lowest benefit tier to remain within the
appropriated budget. Starting in FY2018, the division has reduced the lowest benefit tier payment from $125/month to
$76/month.
Current Benefit Levels:
$250/month payment level ‐ Income up to 75% of Alaska Federal Poverty Level
$175/month payament level ‐ Income between 75% and 100% Alaska Federal Poverty Level
$76/month payament level ‐ Income between 100% and 175% Alaska Federal Poverty Level
For purposes of these projections, the division assumes participation levels will continue at the historical 2% annual
increase and benefit levels will align with current statute AS 47.45.302(b)(3).
Based on this assumption the divisions anticipates participation as follows:
$250 ‐ 24,317 payments totaling $6,079.3
$175 ‐ 63,243 payments totaling $11,067.5
$125 ‐ 51,164 payments totaling $6,395.5
Projected total Senior Benefit expenditure for initial year = $23,542.3
(Revised 10/31/2023 OMB/LFD) Page 2 of 2
HB242-DOH-SBPP-01-31-24 Page 2 of 2 Control Code: YrVtJ