04/19/1993 08:33 AM House FIN

  HB 83     An Act making appropriations  for construction and                 
            major maintenance of schools; and providing for an                 
            effective date.                                                    
                                                                               
            HB   83  was   held  in   Committee  for   further                 
  discussion.                                                                  
  HOUSE BILL 83                                                                
                                                                               
       "An Act  making  appropriations  for  construction  and                 
       major  maintenance  of schools;  and  providing for  an                 
       effective date."                                                        
                                                                               
  Mr. Guiley provided the Committee a sectional analysis of CS                 
  HB 83 (HES).                                                                 
                                                                               
                                5                                              
                                                                               
                                                                               
       Section   1   appropriates   $109,441,663    from   the                 
       constitutional  budget  reserve   fund  to  the  school                 
       construction  grant  fund  and  allocates  payments  to                 
       school  districts   and   REAA's   subject   to   grant                 
       conditions.                                                             
                                                                               
       Section   2   appropriates    $41,819,937   from    the                 
       constitutional  budget   reserve  fund  to   the  major                 
       maintenance grant fund and allocates payments to school                 
       districts and REAA's subject to grant conditions.                       
                                                                               
       Section  3 provides  that appropriations under  the Act                 
       are  for  capital  projects  and  are  subject  to  the                 
       provisions  of  AS  37.25.020  relating  to  unexpended                 
       balances of appropriations for capital projects.                        
                                                                               
       Section 4 provides  for an effective date  for sections                 
       one and three of the Act.                                               
                                                                               
       Section 5 provides that section two takes effect on the                 
       effective date of  an Act creating a  major maintenance                 
       grant fund in AS 14.11.                                                 
                                                                               
  HB 83 was HELD in Committee for further consideration.