Legislature(2021 - 2022)
2022-03-15 Senate Journal
Full Journal pdf2022-03-15 Senate Journal Page 2017 SB 231 SENATE BILL NO. 231 BY THE SENATE RULES COMMITTEE BY REQUEST OF THE GOVERNOR, entitled: "An Act providing that the Alaska Railroad Corporation is subject to the Executive Budget Act; providing that expenditures of the Alaska Railroad Corporation are subject to appropriation; and providing for an effective date." was read the first time and referred to the Transportation and Finance Committees. The following fiscal information was published today: Fiscal Note No. 1, Department of Commerce, Community, and Economic Development Governor's transmittal letter dated March 11: Dear President Micciche: Under the authority of Article III, Section 18, of the Alaska Constitution, I am transmitting a bill making the Alaska Railroad Corporation (ARRC) subject to the Executive Budget Act (AS 37.07) and providing that the expenditures of the ARRC are subject to legislative appropriation. 2022-03-15 Senate Journal Page 2018 This bill requires the ARRC to comply with the Executive Budget Act similar to other public corporations and state agencies. This bill also requires that the ARRC be responsible for the operating, capital, and debt service expenditures of the corporation in accordance with appropriations made by the Legislature. This bill increases the accounting and fee collection oversight by the legislature and the executive branch in relation to the operations of the ARRC, requiring it to engage in the same budgeting and accounting processes as other state agencies. I urge your prompt and favorable action on this measure. Sincerely, /s/ Mike Dunleavy Governor