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SB 227: "An Act making a special appropriation from the general fund to the municipal endowment fund; and providing for an effective date."

00 SENATE BILL NO. 227 01 "An Act making a special appropriation from the general fund to the municipal 02 endowment fund; and providing for an effective date." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. GENERAL FUND. The sum of $750,000,000 is appropriated from the general 05 fund to the municipal endowment fund (AS 29.60.800). 06 * Sec. 2. CONTINGENT EFFECT. This Act takes effect only if a bill is enacted and takes 07 effect before July 1, 2007, relating to the municipal endowment program and establishing the 08 municipal endowment fund. 09 * Sec. 3. If this Act takes effect under sec. 2 of this Act, it takes effect on the effective date 10 of a bill that is enacted and takes effect before July 1, 2007, relating to the municipal 11 endowment program and establishing the municipal endowment fund.