00HOUSE BILL NO. 463                                                                                                    
01 "An Act establishing the Alaska public building fund; and providing for an                                              
02 effective date."                                                                                                        
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                               
04    * Section 1.  AS 37.05 is amended by adding a new section to article 6 to read:                                    
05  Sec. 37.05.570.  Alaska public building fund.  (a)  There is created as a                                           
06 special account in the general fund the Alaska public building fund into which shall                                    
07 be deposited                                                                                                            
08   (1)  payments made by an executive branch agency, under an agreement                                                 
09 with the Department of Administration, for costs of the agency's use and occupancy                                      
10 of building space;                                                                                                      
11   (2)  appropriations to the Alaska public building fund.                                                              
12  (b)  Beginning with the appropriations for the fiscal year beginning July 1,                                          
13 1999, on an annual basis and under AS 37.07 (Executive Budget Act), the legislature                                     
14 may appropriate amounts from the Alaska public building fund to the Department of                                       

01 Administration to pay use, management, operation, maintenance, and depreciation costs                                   
02 related to building space occupied by executive branch agencies.                                                        
03  (c)  Appropriations to the Alaska public building fund are not one-year                                               
04 appropriations and do not lapse under AS 37.25.010.                                                                     
05  (d)  The unexpected and unobligated balance of an appropriation from the                                              
06 Alaska public building fund lapses into the Alaska public building fund at the end of                                   
07 the fiscal year for which it was appropriated.                                                                          
08  (e)  Nothing in this section exempts money deposited into the Alaska public                                           
09 building fund from the requirements of AS 37.07 (Executive Budget Act) or dedicates                                     
10 that money for a specific purpose.                                                                                      
11    * Sec. 2.  This Act takes effect July 1, 1998.