31-LS1141\M
CS FOR HOUSE BILL NO. 2003(FIN)
IN THE LEGISLATURE OF THE STATE OF ALASKA
THIRTY-FIRST LEGISLATURE - SECOND SPECIAL SESSION
BY THE HOUSE FINANCE COMMITTEE
Offered: 7/25/19
Referred: Today's Calendar
Funding Information: General Fund $ 901,470,000
Other Funds 172,200,000
Total $ 1,073,670,000
Sponsor(s): HOUSE RULES COMMITTEE
A BILL
FOR AN ACT ENTITLED
1 "An Act making special appropriations for the payment of permanent fund dividends;
2 and providing for an effective date."
3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:
4 * Section 1. ALASKA PERMANENT FUND. (a) The unexpended and unobligated balance
5 of the budget reserve fund (AS 37.05.540(a)), estimated to be $172,200,000, is appropriated
6 to the dividend fund (AS 43.23.045(a)) for the payment of permanent fund dividends and for
7 administrative and associated costs for the fiscal year ending June 30, 2020.
8 (b) The sum of $901,470,000 is appropriated from the general fund to the dividend
9 fund (AS 43.23.045(a)) for the payment of permanent fund dividends and for administrative
10 and associated costs for the fiscal year ending June 30, 2020.
11 * Sec. 2. LAPSE. The appropriations made in sec. 1 of this Act are for the capitalization of a
12 fund and do not lapse.
13 * Sec. 3. This Act is retroactive to July 1, 2019.
14 * Sec. 4. This Act takes effect immediately under AS 01.10.070(c).
HB2003b -1- CSHB 2003(FIN)
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