State of Alaska
Fiscal Note
Bill Version: HB 366
2022 Legislative Session
Fiscal Note Number: 1
(H) Publish Date: 3/16/2022
Identifier: HB366-DCCED-ARRC-02-25-22 Department: Not Applicable (for Fiscal Notes only)
Title: LEG. APPROVAL: AK RAILROAD REVENUE Appropriation: Alaska Railroad
BONDS Allocation: Alaska Railroad
Sponsor: TRANSPORTATION OMB Component Number:
Requester: (H) TRANSPORTATION
Expenditures/Revenues
Note: Amounts do not include inflation unless otherwise noted below. (Thousands of Dollars)
Included in
FY2023 Governor's
Appropriation FY2023 Out-Year Cost Estimates
Requested Request
OPERATING EXPENDITURES FY 2023 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028
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 (FY2022) cost: 0.0 (separate supplemental appropriation required)
Estimated CAPITAL (FY2023) 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If yes, by what date are the regulations to be adopted, amended or repealed?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, intial version.
Prepared By: Tim Sullivan, Director External Affairs Phone: (907)265-2357
Division: Alaska Railroad Corporation Date: 02/24/2022 01:00 PM
Approved By: Micaela Fowler, Administrative Services Director Date: 02/25/22
Agency: Department of Commerce, Community, and Economic Development
Printed 3/15/2022 Page 1 of 2 Control Code: bkozq
 HB 366 - Fiscal Note 1
FISCAL NOTE ANALYSIS
STATE OF ALASKA BILL NO. HB 366
2022 LEGISLATIVE SESSION
Analysis
HB 366 authorizes the Alaska Railroad Corporation (ARRC) to issue revenue bonds under AS 42.40.250 to finance the
replacement of the ARRCs passenger dock and related terminal facility in Seward, AK, as well as associated costs.
The ARRC does not anticipate fiscal impact from this legislation.
(Revised 11/23/2021 OMB/LFD) Page 2 of 2
HB366-DCCED-ARRC-02-25-22 Page 2 of 2 Control Code: bkozq