Legislature(2019 - 2020)

2020-03-03 House Journal

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2020-03-03                     House Journal                      Page 1760
with the:                                                     Journal Page                                                      
                                                                                                                                
 FIN RPT CS(FIN) NT 6DP 4AM                                            1721                                                     
 CS(FIN)(CORRECTED) RECEIVED                                           1747                                                     
                                                                                                                                
Representative Thompson moved and asked unanimous consent that                                                                  
the following committee substitute be adopted in lieu of the original                                                           
bill:                                                                                                                           
                                                                                                                                
     CS FOR HOUSE BILL NO. 205(FIN)(Corrected)                                                                                  
     "An Act making appropriations for the operating and loan                                                                   
     program expenses of state government and for certain programs;                                                             
     capitalizing funds; making supplemental appropriations; making                                                             
     appropriations under art. IX, sec. 17(c), Constitution of the State                                                        
     of Alaska, from the constitutional budget reserve fund; and                                                                
     providing for an effective date."                                                                                          
                                                                                                                                
There being no objection, it was so ordered.                                                                                    
                                                                                                                                
Amendment No. 1 was offered  by Representative Eastman:                                                                          
                                                                                                                                
Page 53, following line 18:                                                                                                     
     Insert a new subsection to read:                                                                                           
     "(c)  The amount authorized under AS 37.13.145(b) for transfer by                                                          
the Alaska Permanent Fund Corporation, estimated to be                                                                          
$2,005,100,000, is appropriated from the earnings reserve account                                                               
(AS 37.13.145) to the dividend fund (AS 43.23.045(a)) for the                                                                   
payment of permanent fund dividends and for administrative and                                                                  
associated costs for the fiscal year ending June 30, 2021."                                                                     
                                                                                                                                
Reletter the following subsections accordingly.                                                                                 
                                                                                                                                
Page 53, line 22:                                                                                                               
     Delete "appropriation made in (b)"                                                                                         
     Insert "appropriations made in (b) and (c)"                                                                                
                                                                                                                                
Page 76, lines 23 - 24:                                                                                                         
     Delete "secs. 7(a), (c), and (d)"                                                                                          
     Insert "secs. 7(a) and (c) - (e)"