00CS FOR HOUSE BILL NO. 483(STA)                                                                                          
01 "An Act relating to payment of permanent fund dividends of certain individuals                                          
02 who have been absent from the state; and providing for an effective date."                                              
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
04    * Section 1.  AS 43.23 is amended by adding a new section to read:                                                   
05  Sec. 43.23.017.  DIVIDENDS OF CERTAIN INDIVIDUALS WHO HAVE                                                            
06 BEEN ABSENT.  (a)  An individual who is eligible for a permanent fund dividend                                          
07 and has been absent from the state for at least 181 consecutive days during the                                         
08 calendar year immediately preceding January 1 of the current dividend year may not                                      
09 receive the dividend until the individual                                                                               
10   (1)  has been physically present in the state for a subsequent calendar                                              
11 year, except that during that year the individual may have been absent for up to 90                                     
12 days; and                                                                                                               
13   (2)  is otherwise eligible for the dividend declared for the year                                                    
14 immediately following the year that satisfies the requirements of (1) of this section.                                  

01  (b)  If, before receiving the prior year dividend, an individual who is eligible                                      
02 to receive a prior year dividend under (a) of this section fails to apply or qualify for                                
03 a dividend for a subsequent year, that individual becomes ineligible to receive the prior                               
04 year dividend.                                                                                                          
05  (c)  If an individual who is eligible for a dividend but has not received it dies                                     
06 before satisfying the requirements of (a)(1) and (2) of this section, the department shall                              
07 pay the dividend to the appropriate person on behalf of the estate of the individual.                                   
08    * Sec. 2.  This Act takes effect January 1, 1996.