State of Alaska
Fiscal Note
Bill Version: SB 70
2023 Legislative Session
Fiscal Note Number: 1
(S) Publish Date: 2/15/2023
Identifier: LL0009-DCCED-DOI-02-08-23 Department: Department of Commerce, Community and
Title: OWNER & CONTRACTOR CONTROLLED Economic Development
INSURANCE Appropriation: Insurance Operations
Sponsor: RLS BY REQUEST OF THE GOVERNOR Allocation: Insurance Operations
Requester: Governor OMB Component Number: 354
Expenditures/Revenues
Note: Amounts do not include inflation unless otherwise noted below. (Thousands of Dollars)
Included in
FY2024 Governor's
Appropriation FY2024 Out-Year Cost Estimates
Requested Request
OPERATING EXPENDITURES FY 2024 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029
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 (FY2023) cost: 0.0 (separate supplemental appropriation required)
Estimated CAPITAL (FY2024) 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If yes, by what date are the regulations to be adopted, amended or repealed?
Why this fiscal note differs from previous version/comments:
Not applicable, initial version.
Prepared By: Lori Wing-Heier, Director Phone: (907)538-4203
Division: Division of Insurance Date: 02/08/2023 01:30 PM
Approved By: Hannah Lager, Acting Administrative Services Director Date: 02/09/23
Agency: Commerce, Community, and Economic Development
Printed 2/15/2023 Page 1 of 2 Control Code: eGZjM
 SB 70 - Fiscal Note 1
FISCAL NOTE ANALYSIS
STATE OF ALASKA BILL NO. LL0009\1
2023 LEGISLATIVE SESSION
Analysis
This legislation amends the statutory requirements for owner controlled or contractor controlled insurance programs.
The Division of Insurance does not anticipate fiscal impact from this legislation.
(Revised 08/26/2022 OMB/LFD) Page 2 of 2
LL0009-DCCED-DOI-02-08-23 Page 2 of 2 Control Code: eGZjM


Statutes affected:
SB0070A, AM SB 70, introduced 02/15/2023: 21.36.475
SB0070B, AM CSSB 70(L&C), introduced 04/11/2023: 21.36.475