State of Alaska
Fiscal Note
Bill Version: SB 94
2021 Legislative Session
Fiscal Note Number: 2
(S) Publish Date: 2/24/2021
Identifier: 0644-DOR-CO-2-18-21 Department: Department of Revenue
Title: EDUCATION & SUPPLEMENTAL LOAN Appropriation: Administration and Support
PROGRAMS Allocation: Commissioner's Office
Sponsor: RLS BY REQUEST OF THE GOVERNOR OMB Component Number: 123
Requester: Governor
Expenditures/Revenues
Note: Amounts do not include inflation unless otherwise noted below. (Thousands of Dollars)
Included in
FY2022 Governor's
Appropriation FY2022 Out-Year Cost Estimates
Requested Request
OPERATING EXPENDITURES FY 2022 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
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
None
Total 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Estimated SUPPLEMENTAL (FY2021) cost: 0.0 (separate supplemental appropriation required)
Estimated CAPITAL (FY2022) cost: 0.0 (separate capital appropriation required)
Does the bill create or modify a new fund or account? No
(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If yes, by what date are the regulations to be adopted, amended or repealed?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.
Prepared By: Anna MacKinnon, Special Assistant to the Commissioner Phone: (907)465-2300
Division: Commissioner's Office Date: 02/18/2021 04:30 PM
Approved By: Brian Fechter, Director Date: 02/18/21
Agency: Department of Revenue
Printed 2/24/2021 Page 1 of 2 Control Code: mRDeQ
 SB 94 - Fiscal Note 2
FISCAL NOTE ANALYSIS
STATE OF ALASKA BILL NO.
2021 LEGISLATIVE SESSION
Analysis
The bill makes changes to statutes governing the educational loan program for postsecondary students. It would change
the eligibility requirements for the consolidation of loans, remove specific loan limits in statute and clarify that borrowers
may begin repayment immediately after a loan is dispersed. The bill is not anticipated to have any fiscal impact to the
Department of Revenue.
(Revised 1/13/2021 OMB/LFD) Page 2 of 2
0644-DOR-CO-2-18-21 Page 2 of 2 Control Code: mRDeQ


Statutes affected:
SB0094A, AM SB 94, introduced 02/24/2021: 14.43.122, 14.43.173, 14.43.170, 14.43.175
SB0094B, AM CSSB 94(EDC), introduced 04/23/2021: 14.43.122, 14.43.173, 14.43.170, 14.43.175