The bill proposes supplemental and capital appropriations for various state agencies in Alaska for the fiscal year 2024-2025, detailing specific allocations for departments such as Commerce, Corrections, Education, and Health. It amends existing appropriations by increasing federal receipts for rental relief and housing programs from $127 million to $131 million and extends the appropriation period to include fiscal year 2026. Additionally, the bill provides funding for projects like a comprehensive marketing plan for the Alaska seafood marketing institute and ongoing litigation costs for the Department of Law. It also allocates planning, design, and construction funding for the Fairbanks Veterans Cemetery under the Department of Military and Veterans Affairs.

The bill outlines appropriations from the general fund for debt service and accrued interest on outstanding State of Alaska general obligation bonds, adjusting estimated amounts for certain bonds downwards and introducing new appropriations for 2024 bonds. It allocates $29 million to the disaster relief fund and $13,141,700 to the fire suppression fund, with retroactive provisions for specific appropriations. The bill specifies that appropriations for capital projects will lapse under existing law, while those for fund capitalization will not, and it is set to take effect immediately, except for one section effective on June 30, 2025.

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