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CSSB 193(FIN): "An Act making a special appropriation to the Alaska Legislative Council for a study of the economic and social effects of the permanent fund dividend on the state; and providing for an effective date."

00                       CS FOR SENATE BILL NO. 193(FIN)                                                                   
01 "An Act making a special appropriation to the Alaska Legislative Council for a study of                                 
02 the economic and social effects of the permanent fund dividend on the state; and                                        
03 providing for an effective date."                                                                                       
04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
05    * Section 1.  LEGISLATIVE INTENT. The legislature intends that the Legislative Council,                            
06 in consultation with the Department of Community and Economic Development, the                                          
07 Department of Health and Social Services, and the Department of Labor and Workforce                                     
08 Development, use the appropriation made by sec. 2 of this Act to contract for a study of the                            
09 economic and social effects of the permanent fund dividend on the state.  The study must                                
10 include an analysis of the economic, social, and other problems that would be alleviated by                             
11 extending the durational residency requirement under the dividend program to two years.  The                            
12 study must also include an analysis of the demographic changes, if any, in the state and                                
13 investigate whether the permanent fund dividend draws people to the state who would                                     
14 otherwise not migrate to Alaska.  The results of the study shall be presented to the legislature                        
01 on or before January 15, 2002.                                                                                          
02    * Sec. 2.  The sum of $200,000 is appropriated from the receipts of the Alaska Permanent                           
03 Fund Corporation generated from the permanent fund to the Legislative Council for a study of                            
04 the economic and social effects of the permanent fund dividend on the state.                                            
05    * Sec. 3.  This Act takes effect July 1, 2001.