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SENATE BILL NO. 2001
IN THE LEGISLATURE OF THE STATE OF ALASKA
THIRTY-FIRST LEGISLATURE - SECOND SPECIAL SESSION
BY THE SENATE FINANCE COMMITTEE
Introduced: 7/11/19
Referred: Finance
Funding Information: General Fund $ -0-
Other Funds 1,000,000,000
Total $ 1,000,000,000
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 sum of $1,000,000,000 is
5 appropriated from the earnings reserve account (AS 37.13.145) to the general fund for the
6 fiscal year ending June 30, 2020.
7 (b) The sum of $1,000,000,000 is appropriated from the general fund to the dividend
8 fund (AS 43.23.045(a)) for the payment of permanent fund dividends and for administrative
9 and associated costs for the fiscal year ending June 30, 2020.
10 * Sec. 2. LAPSE. The appropriation made in sec. 1(b) of this Act is for the capitalization of
11 a fund and does not lapse.
12 * Sec. 3. This Act takes effect immediately under AS 01.10.070(c).
SB2001A -1- SB 2001
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