CSHB 31(FIN): "An Act making a special appropriation to the Alaska permanent fund; and providing for an effective date."
00 CS FOR HOUSE BILL NO. 31(FIN) 01 "An Act making a special appropriation to the Alaska permanent fund; and providing 02 for an effective date." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. The sum of $8,000,000,000 is appropriated from the earnings reserve account 05 (AS 37.13.145) to the principal of the Alaska permanent fund (art. IX, sec. 15, Constitution of 06 the State of Alaska). 07 * Sec. 2. LAPSE. The appropriation made by sec. 1 of this Act is for the capitalization of a 08 fund and does not lapse. 09 * Sec. 3. This Act takes effect immediately under AS 01.10.070(c).