The bill proposes a series of supplemental appropriations, reappropriations, and other funding adjustments for the fiscal year 2025, which runs from July 1, 2024, to June 30, 2025. It outlines specific allocations for various state departments, including the Department of Commerce, Community, and Economic Development, the Department of Corrections, the Department of Education and Early Development, and others, detailing the amounts designated for operating expenditures and capital projects. Notably, the bill includes provisions for funding related to behavioral health, public assistance, and Medicaid services, among others, with a total budget of approximately $380 million.
Additionally, the bill amends existing appropriations related to the Alaska Housing Finance Corporation, increasing the estimated federal receipts for rental relief and housing programs from $127 million to $131 million and extending the appropriation period to include fiscal years ending June 30, 2026. It also modifies the appropriations for the Department of Health to extend funding for COVID-19 response efforts through June 30, 2027. Other amendments include adjustments to debt service payments for various state bonds, with specific amounts being updated. The bill emphasizes the importance of these appropriations for ongoing state operations and public welfare initiatives.
Statutes affected: SB0084A, AM SB 84, introduced 02/05/2025: 37.25.020, 37.05.146