2019-05-01                     Senate Journal                      Page 0979
Senators Wielechowski, Begich, Gray-Jackson, Kawasaki, Olson                                                                    
offered Amendment No. 13 :                                                                                                       
                                                                                                                                
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     Insert a new bill section to read:                                                                                         
"* Sec. 28. DEPARTMENT OF REVENUE. If, after the                                                                              
appropriation from the earnings reserve account (AS 37.13.145(a)) to                                                            
the general fund made in sec. 19(f) of this Act, the unrestricted state                                                         
revenue available for appropriation in fiscal year 2020 is insufficient                                                         
to cover the general fund appropriations that take effect in fiscal year                                                        
2020 that are made in this Act, as passed by the Thirty-First Alaska                                                            
State Legislature in the First Regular Session and enacted into law, the                                                        
general fund appropriations that take effect in fiscal year 2020 that are                                                       
made in a version of HB 40 or a similar bill, as passed by the Thirty-                                                          
First Alaska State Legislature in the First Regular Session and enacted                                                         
into law, and the general fund appropriations that take effect in fiscal                                                        
year 2020 that are made in a version of SB 19 or a similar bill, as                                                             
passed by the Thirty-First Alaska State Legislature in the First Regular                                                        
Session and enacted into law, the Department of Revenue shall limit                                                             
the amount of tax credits a producer may take under AS 43.55.024(i)                                                             
or (j) for each barrel of oil that is taxable under AS 43.55.011(e) and                                                         
produced during the fiscal year ending June 30, 2020, in the amount                                                             
necessary to balance revenue and general fund appropriations that take                                                          
effect in fiscal year 2020 that are made in this Act, as passed by the