State of Alaska
Fiscal Note
Bill Version: CSSB 243(RES)
2024 Legislative Session
Fiscal Note Number: 1
(S) Publish Date: 3/6/2024
Identifier: SB243-DCCED-AEA-02-24-24 Department: Department of Commerce, Community and
Title: ALASKA ENERGY AUTHORITY GOVERNANCE Economic Development
Sponsor: RESOURCES Appropriation: Alaska Energy Authority
Requester: (S) RESOURCES Allocation: Alaska Energy Authority Rural Energy Assistance
OMB Component Number: 2600
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 22.5 22.5 22.5 22.5 22.5 22.5
Services
Commodities
Capital Outlay
Grants & Benefits
Miscellaneous
Total Operating 22.5 0.0 22.5 22.5 22.5 22.5 22.5
Fund Source (Operating Only)
1004 Gen Fund (UGF) 22.5 22.5 22.5 22.5 22.5 22.5
Total 22.5 0.0 22.5 22.5 22.5 22.5 22.5
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If yes, by what date are the regulations to be adopted, amended or repealed?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:
Not applicable, initial version.
Prepared By: Curtis Thayer, Executive Director Phone: (907)771-3000
Division: Alaska Energy Authority Date: 02/24/2024
Approved By: Hannah Lager, Administrative Services Director Date: 02/24/24
Agency: Commerce, Community, and Economic Development
Printed 3/5/2024 Page 1 of 2 Control Code: nzowp
CSSB 243(RES) - Fiscal Note 1
FISCAL NOTE ANALYSIS
STATE OF ALASKA BILL NO. SB 243
2024 LEGISLATIVE SESSION
Analysis
The proposed bill separates the board of directors of the Alaska Energy Authority (AEA) from the board of directors of the
Alaska Industrial Development and Export Authority (AIDEA). It provides that the directors of AEA are the Commissioner of
Commerce, Community, and Economic Development, the Commissioner of Revenue, and six public members appointed by
the governor with expertise relevant to the mission of the Alaska Energy Authority.
If this bill passes, the following costs will be incurred:
Travel: $22.5 Average of three board members for 10 meetings per year at $750.00 ($0.750) per trip
(Revised 10/31/2023 OMB/LFD) Page 2 of 2
SB243-DCCED-AEA-02-24-24 Page 2 of 2 Control Code: nzowp

Statutes affected:
SB0243A, AM SB 243, introduced 02/19/2024: 44.83.030, 42.05.790, 44.83.040, 39.20.180
SB0243B, AM CSSB 243(RES), introduced 03/06/2024: 44.83.030, 42.05.790, 44.83.040, 39.20.180