SB 252: "An Act relating to state budget information that must be included on permanent fund dividend application forms; and providing for an effective date."
00 SENATE BILL NO. 252 01 "An Act relating to state budget information that must be included on permanent fund 02 dividend application forms; and providing for an effective date." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 43.23.015(b) is amended to read: 05 (b) The department shall prescribe and furnish an application form for 06 claiming a permanent fund dividend. The application must include notice of the 07 penalties provided for under AS 43.23.035 and contain a statement of eligibility and a 08 certification of residency. The application must also include summary information 09 about the state budget, including at least the following: 10 (1) a pie chart depicting sources of income and estimated total 11 amounts of income from each source expected to be received by the state during 12 the current fiscal year; 13 (2) a pie chart depicting expenditures expected to be made by the 14 state during the current fiscal year;
01 (3) a graph depicting the value of the budget reserve fund 02 established under art. IX, sec. 17, Constitution of the State of Alaska, at the end 03 of each of the prior five fiscal years, and the projected value of the budget reserve 04 fund at the end of the current fiscal year; and 05 (4) a graph depicting the amount of money expected to be added to 06 the budget reserve fund during the current fiscal year and the amount expected 07 to be withdrawn from the budget reserve fund during the current fiscal year. 08 * Sec. 2. The uncodified law of the State of Alaska is amended by adding a new section to 09 read: 10 APPLICABILITY. AS 43.23.015(b), as amended by sec. 1 of this Act, applies 11 beginning with the permanent fund dividend application for 2005 and applies to applications 12 for years thereafter. 13 * Sec. 3. This Act takes effect July 1, 2005.