00                           HOUSE BILL NO. 433                                                                           
01 "An Act relating to appropriations from the Alaska capital income fund to the major                                     
02 maintenance grant fund."                                                                                                
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
04    * Section 1. AS 37.05.565(b) is amended to read:                                                                   
05            (b)  Money may be appropriated from the Alaska capital income fund to the                                
06       major maintenance grant fund (AS 14.11.007), [FOR ANY PUBLIC PURPOSE,                                         
07       INCLUDING] to cover annual debt service and reserves for debt service on bonds                                    
08       authorized by state law, or for any other public purpose. Nothing in this subsection                          
09       creates a dedicated fund.