HB 273: "An Act relating to education; increasing the base student allocation; and providing for an effective date."
00 HOUSE BILL NO. 273 01 "An Act relating to education; increasing the base student allocation; and providing for 02 an effective date." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 14.17.470 is amended by adding a new subsection to read: 05 (b) On July 1 of each year, the department shall increase the base student 06 allocation by a percentage equal to the percentage of increase over the preceding 07 three-year period in all items of the Consumer Price Index for urban Alaska prepared 08 by the United States Department of Labor, Bureau of Labor Statistics. 09 * Sec. 2. This Act takes effect July 1, 2024.