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SB 283: "An Act relating to the accounting for and appropriations of state land disposal program revenue; and providing for an effective date."

00SENATE BILL NO. 283 01 "An Act relating to the accounting for and appropriations of state land disposal 02 program revenue; and providing for an effective date." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 37.05.146(b)(4) is amended by adding a new subparagraph to read: 05  (X) state land disposal program (AS 38.04.022); 06 * Sec. 2. AS 38.04.022(a) is amended to read: 07  (a) The revenue from the [SALE OF] state land disposal program shall be 08 deposited in the [A SPECIAL] state land disposal income fund [ACCOUNT] in the 09 state treasury. On June 30 of each fiscal year, the portion of that fund that 10 exceeds $5,000,000 shall be deposited in the state general fund. Under 11 AS 37.05.146(b), amounts in the state land disposal income fund shall be 12 accounted for separately, and appropriations from the fund are not made from 13 the unrestricted general fund. The legislature may appropriate money from the 14 [SPECIAL] state land disposal income fund [ACCOUNT] for expenditures by the

01 Department of Natural Resources for necessary costs incurred by the commissioner in 02 the implementation of state land disposal programs authorized under this title or for 03 any other public purpose . 04 * Sec. 3. This Act takes effect July 1, 2000.