txt

HB 118: "An Act making an appropriation from the general fund to the community revenue sharing fund."

00 HOUSE BILL NO. 118 01 "An Act making an appropriation from the general fund to the community revenue 02 sharing fund." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. FUND CAPITALIZATION. The sum of $90,000,000 is appropriated from the 05 general fund to the community revenue sharing fund (AS 29.60.850) for the purpose of 06 making community revenue sharing payments to municipalities, reserves, and communities 07 for any public purpose. 08 * Sec. 2. LAPSE. The appropriation made by sec. 1 of this Act is for the capitalization of a 09 fund and does not lapse under AS 29.60.850(a).