2017-03-15                     Senate Journal                      Page 0524
The following previously published fiscal information applies:                                                                  
     Fiscal Note No. 1, zero, Alaska Judiciary System                                                                           
     Fiscal Note No. 2, zero, Department of Law                                                                                 
                                                                                                                                
The bill was referred to the Rules Committee.                                                                                   
                                                                                                                                
                        Consideration of the Calendar                                                                        
                                                                                                                                
                        Third Reading of Senate Bills                                                                        
                                                                                                                                
SB 26                                                                                                                         
CS FOR SENATE BILL NO. 26(FIN) "An Act relating to an                                                                           
appropriation limit; relating to the budget responsibilities of the                                                             
governor; relating to the Alaska permanent fund, the earnings of the                                                            
Alaska permanent fund, and the earnings reserve account; relating to                                                            
the mental health trust fund; relating to deposits into the dividend                                                            
fund; relating to the calculation and payment of permanent fund                                                                 
dividends; and providing for an effective date" was read the third time.                                                        
                                                                                                                                
Senator Micciche moved that the bill be returned to second reading for                                                          
the purpose of all amendments offered today. Without objection, the                                                             
bill was returned to second reading.                                                                                            
                                                                                                                                
Senator Dunleavy offered Amendment No. 1 :                                                                                       
                                                                                                                                
Page 1, line 5, following "dividends;":                                                                                       
     Insert "increasing the amount of the 2016 permanent fund                                                                 
dividend and directing the Department of Revenue to pay a                                                                     
supplemental dividend to eligible individuals;"                                                                               
                                                                                                                                
Page 1, line 9, following the second occurrence of "the":                                                                       
     Insert "(1)"                                                                                                               
                                                                                                                                
Page 1, line 11, following "years":                                                                                             
     Insert: ";                                                                                                                 
          (2)  sum of $683,234,813 be appropriated from the earnings                                                            
reserve account (AS 37.13.145) to the dividend fund                                                                             
(AS 43.23.045(a)) for the payment of supplemental 2016 permanent                                                                
fund dividends to eligible individuals who received a 2016 permanent                                                            
fund dividend."