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HB 72: "An Act making an appropriation from the earnings reserve account for the payment of permanent fund dividends; and providing for an effective date." 

00                             HOUSE BILL NO. 72                                                                          
01 "An Act making an appropriation from the earnings reserve account for the payment of                                    
02 permanent fund dividends; and providing for an effective date."                                                         
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
04    * Section 1.  ALASKA PERMANENT FUND CORPORATION. The amount authorized                                             
05 under AS 37.13.145(b) for transfer by the Alaska Permanent Fund Corporation on June 30,                                 
06 2021, estimated to be $2,023,947,000, is appropriated from the earnings reserve account                                 
07 (AS 37.13.145) to the dividend fund (AS 43.23.045(a)) for the payment of permanent fund                                 
08 dividends and for administrative and associated costs for the fiscal year ending June 30, 2022.                         
09    * Sec. 2. LAPSE OF APPROPRIATION. The appropriation made in sec. 1 of this Act is for                              
10 the capitalization of a fund and does not lapse.                                                                        
11    * Sec. 3.  This Act takes effect July 1, 2021.