The bill proposes supplemental and capital appropriations for various state agencies in Alaska for the fiscal year 2024-2025, detailing allocations for departments such as Commerce, Corrections, Education, and Health. A significant amendment includes an increase in federal receipts for the Alaska Housing Finance Corporation, raising the estimate from $127 million to $131 million and extending the appropriation period to June 30, 2026. The bill also allocates funding for health and public safety initiatives, including behavioral health services and the Village Public Safety Officer Program, while addressing capital projects like the Alaska Marine Highway System vessel overhaul and flood mitigation efforts.

Additionally, the bill outlines appropriations from the general fund for debt service on outstanding general obligation bonds, with adjusted estimates for certain bonds and new appropriations for 2024 bonds. It allocates $29 million to the disaster relief fund and $13.1 million to the fire suppression fund, and includes a retroactivity clause for specific sections effective March 31, 2025, and June 30, 2025. The bill ensures that appropriations for capital projects will lapse under existing law, while those for fund capitalization will not, and establishes a contingency for potential payments related to the Supplemental Nutrition Assistance Program, contingent on federal notification.

Statutes affected:
HB0056B, AM CSHB 56(FIN), introduced 04/02/2025: 37.25.020, 37.05.146
HB0056C, AM CSHB 56(FIN) am(brf sup maj fld), introduced 04/03/2025, passed House 04/03/2025: 37.25.020, 37.05.146