State of Alaska
Fiscal Note
Bill Version: CSSB 105(TRA)
2024 Legislative Session
Fiscal Note Number: 1
(S) Publish Date: 2/19/2024
Identifier: SB105-DCCED-ARRC-02-09-24 Department: Department of Commerce, Community and
Title: RAILROAD CORP. FINANCING Economic Development
Sponsor: TRANSPORTATION Appropriation: Alaska Railroad Corporation
Requester: (S) TRANSPORTATION Allocation: Alaska Railroad
OMB Component Number: 0
Expenditures/Revenues
Note: Amounts do not include inflation unless otherwise noted below. (Thousands of Dollars)
Included in
FY2025 Governor's
Appropriation FY2025 Out-Year Cost Estimates
Requested Request
OPERATING EXPENDITURES FY 2025 FY 2025 FY 2026 FY 2027 FY 2028 FY 2029 FY 2030
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 (FY2024) cost: 0.0 (separate supplemental appropriation required)
Estimated CAPITAL (FY2025) cost: 0.0 (separate capital appropriation required)
Does the bill create or modify a new fund or account? 0
(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If yes, by what date are the regulations to be adopted, amended or repealed?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: Meghan Clemens, External Affairs Director Phone: (907)265-2357
Division: Alaska Railroad Corporation Date: 02/09/2024
Approved By: Hannah Lager, Administrative Services Director Date: 02/09/24
Agency: Commerce, Community, and Economic Development
Printed 2/19/2024 Page 1 of 2 Control Code: cVJqq
 CSSB 105(TRA) - Fiscal Note 1
FISCAL NOTE ANALYSIS
STATE OF ALASKA BILL NO. SB105
2024 LEGISLATIVE SESSION
Analysis
This bill authorizes the Alaska Railroad Corporation (ARRC) to issue revenue bonds to finance the replacement of the
ARRC's passenger dock and related terminal facility in Seward, Alaska, as well as associated costs.
The Alaska Railroad Corporation is exempt from the Executive Budget Act and does not anticipate operating or capital
budget fiscal impact from this legislation.
(Revised 10/31/2023 OMB/LFD) Page 2 of 2
SB105-DCCED-ARRC-02-09-24 Page 2 of 2 Control Code: cVJqq