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SENATE BILL NO. 3001
IN THE LEGISLATURE OF THE STATE OF ALASKA
THIRTY-SECOND LEGISLATURE - THIRD SPECIAL SESSION
BY THE SENATE RULES COMMITTEE BY REQUEST OF THE GOVERNOR
Introduced: 8/23/21
Referred: Finance
A BILL
FOR AN ACT ENTITLED
1 "An Act making an appropriation from the general fund to the Department of
2 Education and Early Development for the payment of educational programs; making an
3 appropriation from the earnings reserve account for the payment of permanent fund
4 dividends; making an appropriation from the earnings reserve account to the budget
5 reserve fund; and providing for an effective date."
6 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:
7 (SECTION 1 OF THIS ACT BEGINS ON PAGE 2)
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 1 * Section 1. The following appropriation items are for operating expenditures from the
2 general fund or other funds as set out in the fiscal year 2022 budget summary for the
3 operating budget by funding source to the agencies named for the purposes expressed for the
4 fiscal year beginning July 1, 2021 and ending June 30, 2022, unless otherwise indicated.
5 Appropriation General Other
6 Allocations Items Funds Funds
7 ***** *****
8 * * * * * Department of Education and Early Development * * * * *
9 ***** *****
10 Alaska Postsecondary Education
11 Commission
12 Program Administration & 0
13 Operations
14 WWAMI Medical 0
15 Education
16 Alaska Performance Scholarship
17 Awards
18 Alaska Performance 0
19 Scholarship Awards
20 (SECTION 2 OF THIS ACT BEGINS ON THE NEXT PAGE)
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1 * Sec. 2. The following sets out the funding by agency for the appropriations made in Sec. 1
2 of this Act.
3 Funding Source Amount
4 Department of Education and Early Development
5 1004 General Fund Receipts 21,364,100
6 1226 Alaska Higher Education Investment Fund -21,364,100
7 * * * Total Agency Funding * * * $0
8 * * * Total Budget * * * $0
9 (SECTION 3 OF THIS ACT BEGINS ON THE NEXT PAGE)
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 1 * Sec. 3. The following sets out the statewide funding for the appropriations made in sec. 1 of
2 this Act.
3 Funding Source Amount
4 Unrestricted General Funds
5 1004 General Fund Receipts 21,364,100
6 * * * Total Unrestricted General Funds * * * $21,364,100
7 Designated General Funds
8 1226 Alaska Higher Education Investment Fund -21,364,100
9 * * * Total Designated General Funds * * * $-21,364,100
10 Federal Receipts
11 * * * Total Federal Receipts * * * $0
12 Other Non-Duplicated Funds
13 * * * Total Other Non-Duplicated Funds * * * $0
14 Duplicated Funds
15 * * * Total Duplicated Funds * * * $0
16 * * * Total Budget * * * $0
17 (SECTION 4 OF THIS ACT BEGINS ON THE NEXT PAGE)
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1 * Sec. 4. ALASKA PERMANENT FUND. (a) The sum of $1,534,648,008 is appropriated
2 from the earnings reserve account (AS 37.13.145) to the dividend fund (AS 43.23.045(a)) for
3 the payment of permanent fund dividends and for administrative and associated costs for the
4 fiscal year ending June 30, 2022.
5 (b) The sum of $1,465,351,992 is appropriated from the earnings reserve account
6 (AS 37.13.145) to the budget reserve fund (art. IX, sec. 17, Constitution of the State of
7 Alaska) for the fiscal year ending June 30, 2022.
8 * Sec. 5. LAPSE OF APPROPRIATION. The appropriations made in sec. 4 of this Act are
9 for the capitalization of a fund and do not lapse.
10 * Sec. 6. RETROACTIVITY. The appropriations made in sec. 4 of this Act are retroactive
11 to July 1, 2021.
12 * Sec. 7. This Act takes effect immediately under AS 01.10.070(c).
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