31-LS1001\A
HOUSE BILL NO. 1002
IN THE LEGISLATURE OF THE STATE OF ALASKA
THIRTY-FIRST LEGISLATURE - FIRST SPECIAL SESSION
BY REPRESENTATIVES EASTMAN, Vance, Sullivan-Leonard
Introduced: 5/22/19
Referred: State Affairs, Judiciary, Finance
A BILL
FOR AN ACT ENTITLED
1 "An Act making a special appropriation from the earnings reserve account for the
2 payment of permanent fund dividends; and providing for an effective date."
3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:
4 * Section 1. ALASKA PERMANENT FUND. The amount authorized under
5 AS 37.13.145(b) for transfer by the Alaska Permanent Fund Corporation on June 30, 2019,
6 estimated to be $1,944,000,000, is appropriated from the earnings reserve account
7 (AS 37.13.145) to the dividend fund (AS 43.23.045(a)) for the payment of permanent fund
8 dividends and for administrative and associated costs for the fiscal year ending June 30, 2020.
9 * Sec. 2. LAPSE. The appropriation made in sec. 1 of this Act is for the capitalization of a
10 fund and does not lapse.
11 * Sec. 3. This Act takes effect July 1, 2019.
HB1002a -1- HB 1002
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