HB 370: "An Act making appropriations for the operating and loan program expenses of state government and to capitalize funds; and providing for an effective date."
00HOUSE BILL NO. 370 01 "An Act making appropriations for the operating and loan program expenses of 02 state government and to capitalize funds; and providing for an effective date." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. Included within the general fund amounts appropriated in this Act, the 05 following amounts are from the unreserved special accounts in the general fund: 06 Highway fuel tax account $25,500,000 07 Aviation fuel tax account 6,000,000 08 * Sec. 2. Federal or other program receipts as defined under AS 37.05.146 that exceed the 09 amounts appropriated in this Act are appropriated conditioned upon compliance with the 10 program review provisions of AS 37.07.080(h). 11 * Sec. 3. If federal or other program receipts as defined under AS 37.05.146 exceed the 12 estimates appropriated by this Act, the appropriation from state funds for the affected program 13 may be reduced by the amount of the excess if the reductions are consistent with applicable 14 federal statutes.
01 * Sec. 4. Except as provided in sec. 5 of this Act, if federal or other program receipts as 02 defined under AS 37.05.146 fall short of the estimates appropriated by this Act, the affected 03 appropriation is reduced by the amount of the shortfall in receipts. 04 * Sec. 5. If the federal receipts under 42 U.S.C. 1397 - 1397f (Title XX of the Social 05 Security Act) fall short of the estimate, the amount of the shortfall is appropriated from the 06 general fund. 07 * Sec. 6. (a) Amounts necessary to fund the uses of the state insurance catastrophe reserve 08 account described in AS 37.05.289(a) are appropriated from that account to the Department 09 of Administration. 10 (b) Amounts equivalent to the amounts to be received in settlement of claims against 11 bonds guaranteeing the reclamation of state land are appropriated from the general fund to the 12 agency secured by the bond. This appropriation is made for the purpose of reclaiming state 13 land affected by a use covered by the bond. 14 (c) The appropriations made in this section are contingent upon compliance with the 15 program review provisions of AS 37.07.080(h). 16 * Sec. 7. The amount required to pay interest on revenue anticipation notes issued by the 17 commissioner of revenue under AS 43.08 is appropriated from the general fund to the 18 Department of Revenue. 19 * Sec. 8. The amount required to be paid by the state for the principal of and interest on 20 all issued and outstanding state-guaranteed bonds is appropriated from the general fund to the 21 state bond committee to make all payments by the state required under its guarantee for 22 principal and interest. 23 * Sec. 9. The sum of $5,705,633 is appropriated from the international airports revenue 24 fund (AS 37.15.430) to the state bond committee for payment of debt service and trustee fees 25 on outstanding international airports revenue bonds. 26 * Sec. 10. (a) The sum of $9,029,663 is appropriated from the general fund to the Alaska 27 debt retirement fund (AS 37.15.011). 28 (b) The sum of $9,029,663 is appropriated from the Alaska debt retirement fund 29 (AS 37.15.011) to the state bond committee for lease payments to the Alaska Housing Finance 30 Corporation, City of Seward, City of Kenai, and the Department of Natural Resources. 31 * Sec. 11. (a) The sum of $18,477,625 is appropriated from the general fund to the Alaska
01 debt retirement fund (AS 37.15.011). 02 (b) The sum of $23,177,625 is appropriated from the Alaska debt retirement fund 03 (AS 37.15.011) to the state bond committee for payment of debt service and trustee fees on 04 state general obligation bonds. 05 * Sec. 12. The amount authorized for transfer by the Alaska Permanent Fund Corporation 06 under AS 37.13.145(b) is appropriated from the earnings reserve account (AS 37.13.145) to 07 the dividend fund (AS 43.23.045(a)) for the payment of permanent fund dividends and 08 administrative and associated costs. 09 * Sec. 13. The amount calculated under AS 37.13.145 to offset the effect of inflation on 10 the principal of the Alaska permanent fund is appropriated to the principal of the Alaska 11 permanent fund from the earnings reserve account (AS 37.13.145) of the Alaska permanent 12 fund that remains after money is transferred to the dividend fund under sec. 12 of this Act. 13 * Sec. 14. The interest earned during fiscal year 1995 on revenue from the sources set out 14 in AS 37.13.010 while the revenue is held in trust, escrow, or otherwise before receipt of the 15 revenue by the state is appropriated to the principal of the Alaska permanent fund. 16 * Sec. 15. The amount required to be deposited under AS 37.13.010(a)(1) and (2) during 17 fiscal year 1995 is appropriated to the principal of the Alaska permanent fund in satisfaction 18 of that requirement. 19 * Sec. 16. The amount required to be paid by the state for management fees related to 20 investment activities of the Alaska Permanent Fund is appropriated from the earnings reserve 21 account (AS 37.13.145) to the Alaska Permanent Fund Corporation for payment of those fees. 22 * Sec. 17. The lapsing balance of the employment assistance and training program account 23 (sec. 3, ch. 95, SLA 1989) on June 30, 1994, is appropriated to the unemployment 24 compensation fund (AS 23.20.130) on July 1, 1994. 25 * Sec. 18. (a) Except as provided in (b) and (c) of this section, all unrestricted mortgage 26 loan interest payments and all other unrestricted receipts, including, without limitation, 27 mortgage loan commitment fees, received by or accrued to the Alaska Housing Finance 28 Corporation during the fiscal year 1995, and all income earned on assets of the corporation 29 during that period, are appropriated to the Alaska housing finance revolving fund 30 (AS 18.56.082) for the purposes described in AS 18.56. 31 (b) All unrestricted mortgage loan interest payments and all other unrestricted receipts,
01 including, without limitation, mortgage loan commitment fees, received by or accrued to the 02 housing assistance loan fund (AS 18.56.420) in the Alaska Housing Finance Corporation 03 during the fiscal year 1995, and all income earned on assets of that fund during that period, 04 are appropriated to the housing assistance loan fund in the Alaska Housing Finance 05 Corporation for the purposes of that fund. 06 (c) All unrestricted mortgage loan interest payments and all other unrestricted receipts, 07 including, without limitation, mortgage loan commitment fees, received by or accrued to the 08 senior housing revolving fund (AS 18.56.710) in the Alaska Housing Finance Corporation 09 during the fiscal year 1995, and all income earned on assets of that fund during that period, 10 are appropriated to the senior housing revolving fund in the Alaska Housing Finance 11 Corporation for the purposes of that fund. 12 * Sec. 19. The sum of $9,934,900 is appropriated from the commercial fishing revolving 13 loan fund (AS 16.10.340) to the fisheries enhancement revolving loan fund (AS 16.10.505) 14 for the fisheries enhancement loan programs. 15 * Sec. 20. (a) The balance of the oil and hazardous substance release mitigation account 16 (AS 46.04.010 and AS 46.08.020) on July 1, 1994, not otherwise appropriated by (b) of this 17 section, is appropriated to the oil and hazardous substance release response fund 18 (AS 46.08.010). 19 (b) The sum of $5,545,000 is appropriated from the oil and hazardous substance 20 release mitigation account (AS 46.04.010 and AS 46.08.020) on July 1, 1994, to the storage 21 tank assistance fund (AS 46.03.410) for the fiscal year ending June 30, 1995. 22 * Sec. 21. The unexpended and unobligated balance of the oil and hazardous substance 23 release response fund (AS 46.08.010) on July 1, 1994, not otherwise appropriated by secs. 25 24 and 38 of this Act, is appropriated to the Department of Environmental Conservation for fiscal 25 year 1995 for spill reserve. 26 * Sec. 22. The sum of $25,800,000 derived from surcharge collected under AS 43.55.200 27 is appropriated from the general fund to the oil and hazardous substance release response fund 28 (AS 46.08.010). 29 * Sec. 23. The sum of $18,265,000 is appropriated to the following departments, from the 30 following sources, for costs relating to legal proceedings and audit activity involving oil and 31 gas revenue due or paid to the state or state title to oil and gas land, for the fiscal year ending
01 June 30, 1995: 02 Department of Law 03 General fund $13,500,000 04 State corporation receipts 4,500,000 05 Department of Revenue 06 General fund 265,000 07 * Sec. 24. The sum of $5,516,600 is appropriated from the general fund to the Department 08 of Natural Resources for costs associated with fire suppression for the fiscal year ending 09 June 30, 1995. 10 * Sec. 25. The sum of $22,832,800 is appropriated to the information services fund 11 (AS 44.21.045) for the Department of Administration, division of information services 12 programs from the following sources: 13 General fund $2,397,600 14 General fund program receipts 55,000 15 Inter-agency receipts 20,320,200 16 Inter-agency receipts/oil and hazardous 17 substance release response fund 60,000 18 * Sec. 26. The sum of $28,715,800 is appropriated from the general fund to the Alaska 19 marine highway system fund (AS 19.65.060) to continue to provide stable services to the 20 public. 21 * Sec. 27. The sum of $1,100,000 is appropriated from the mental health trust income 22 account (AS 37.14.011) to the unreserved portion of the general fund for statewide indirect 23 cost recovery related to mental health programs. 24 * Sec. 28. The fiscal year 1995 general fund receipts of the tank registration fee program 25 under AS 46.03.385 are appropriated to the storage tank assistance fund (AS 46.03.410). 26 * Sec. 29. The balance on June 30, 1994, of the Safety Advisory Council program receipts 27 account for the fiscal year 1994 is appropriated to the Safety Advisory Council for costs of 28 the 1995 annual governor's safety conference. 29 * Sec. 30. The sum of $8,000,000 is appropriated from the group health and life benefits 30 fund (AS 39.30.095) to the general fund. 31 * Sec. 31. The unexpended and unobligated balance of the disaster relief fund
01 (AS 26.23.300) on June 30, 1994, lapses June 30, 1995 into the funds from which it was 02 appropriated. 03 * Sec. 32. The balance on June 30, 1994, of the Alaska Public Utilities Commission 04 program receipts account for regulatory cost charges under AS 42.05.253 for fiscal year 1994 05 is appropriated to the Alaska Public Utilities Commission for fiscal year 1995 expenditures. 06 * Sec. 33. The sum of $65,000 is appropriated from the rural electrification revolving loan 07 fund (AS 42.45.020) to the general fund as an additional revenue source. 08 * Sec. 34. (a) The sum of $104,060,100 is appropriated from the general fund to the 09 Alaska debt retirement fund (AS 37.15.011). 10 (b) The sum of $104,060,100 is appropriated from the Alaska debt retirement fund 11 (AS 37.15.011) to the Department of Education for state aid for costs of school construction 12 under AS 14.11.100. 13 * Sec. 35. The amount deposited in the four dam pool transfer fund (AS 42.45.050) during 14 fiscal year 1995 is appropriated to the following funds in the following percentages for the 15 purposes set out in AS 42.45.050: 16 Power cost equalization and rural 40 percent 17 electric capitalization fund (AS 42.45.050(b)(1)) 18 Southeast energy fund 40 percent 19 (AS 42.45.050(b)(2)) 20 Power project fund 20 percent 21 (AS 42.45.050(b)(3)) 22 * Sec. 36. If the unrestricted state revenue available for appropriation in fiscal year 1995 23 is insufficient to cover the general fund appropriations made for fiscal year 1995, the amount 24 necessary to balance revenue and general fund appropriations is appropriated to the general 25 fund from the budget reserve fund (art. IX, sec. 17, Constitution of the State of Alaska). 26 * Sec. 37. The appropriations made by secs. 18, 19, 20(b), 25, 26, 28, and 35 of this Act 27 are for capitalization of funds and do not lapse under AS 37.25.010. 28 (SECTION 38 BEGINS ON PAGE 7)