State of Alaska
Fiscal Note
Bill Version: SB 110
2019 Legislative Session
Fiscal Note Number: 9
(S) Publish Date: 4/12/2019
Identifier: LL0107-OMB-TRANS-PCE-04-10-19 Department: Fund Transfers
Title: REPEALING FUNDS; COMMUNITY ASSISTANCE Appropriation: Designated Reserves/Endowments
Sponsor: RLS BY REQUEST OF THE GOVERNOR Allocation: Power Cost Equalization Endowment
Requester: Governor OMB Component Number: 2799
Expenditures/Revenues
Note: Amounts do not include inflation unless otherwise noted below. (Thousands of Dollars)
Included in
FY2020 Governor's
Appropriation FY2020 Out-Year Cost Estimates
Requested Request
OPERATING EXPENDITURES FY 2020 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Personal Services
Travel
Services
Commodities
Capital Outlay
Grants & Benefits
Miscellaneous
Total Operating 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Fund Source (Operating Only)
None
Total 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Positions
Full-time
Part-time
Temporary
Change in Revenues
1004 Gen Fund (UGF) 983,096.5
1169 PCE Endow (DGF) (983,096.5)
Total 983,096.5 0.0 0.0 0.0 0.0 0.0 0.0
Estimated SUPPLEMENTAL (FY2019) cost: 0.0 (separate supplemental appropriation required)
Estimated CAPITAL (FY2020) cost: 0.0 (separate capital appropriation required)
Does the bill create or modify a new fund or account? Yes
(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If yes, by what date are the regulations to be adopted, amended or repealed?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 based on the 02/13/19 Governor's FY2020 request.
Prepared By: Neil Steininger, Chief Budget Analyst Phone: (907)465-4787
Division: Office of Management and Budget Date: 04/10/2019 06:00 PM
Approved By: Micaela Fowler, Chief Policy Analyst Date: 04/10/19
Agency: Office of Management and Budget
Printed 4/12/2019 Page 1 of 2 Control Code: JiYGD
 SB 110 - Fiscal Note 9
FISCAL NOTE ANALYSIS
STATE OF ALASKA BILL NO. LL0107
2018 LEGISLATIVE SESSION
Analysis
This bill would repeal various funds in the general fund, including the community assistance fund, the civil legal services
fund, the power cost equalization endowment fund, the power cost equalization and rural electric capitalization fund, the
curriculum improvement and best practices fund, the school construction grant fund, the major maintenance grant fund,
and the Alaska higher education investment fund. The bill's effective date is July 1, 2019.
The fund balance of the Power Cost Equalization Endowment on June 30, 2018 was $1,071,193,000. If this legislation is
adopted, the balance of the Power Cost Equalization Endowment will be transferred to the General Fund. The projected
change in revenues is the fund balance as of June 30, 2018, less FY2019 appropriations.
(Revised 9/05/18 OMB/LFD) Page 2 of 2
LL0107-OMB-TRANS-PCE-04-10-19 Page 2 of 2 Control Code: JiYGD


Statutes affected:
SB0110A, AM SB 110, introduced 04/12/2019: 14.43.825, 37.14.750, 14.43.915, 14.43.400, 14.43.420, 14.43.810, 14.43.849, 29.60.850, 29.60.855, 29.60.860, 37.05.530, 37.14.110, 42.45.100, 42.05.141, 42.45.180, 42.45.190, 43.77.045, 14.16.200, 14.07.182, 37.05.146, 37.05.590, 42.45.070, 42.45.080, 42.45.085, 42.45.099, 43.20.014, 43.55.019, 43.56.018, 43.65.018, 43.75.018