00 SENATE CS FOR CS FOR HOUSE BILL NO. 55(RLS)
01 "An Act making appropriations for the operating and loan program expenses of
02 state government and to capitalize funds; and providing for an effective date."
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:
04 * Section 1. Included within the general fund amounts appropriated in this Act, the
05 following amounts are from the unreserved special accounts in the general fund:
06 Highway fuel tax account $21,500,000
07 Aviation fuel tax account 10,500,000
08 * Sec. 2. Federal or other program receipts as defined under AS 37.05.146 that exceed the
09 amounts appropriated in this Act are appropriated conditioned upon compliance with the
10 program review provisions of AS 37.07.080(h).
11 * Sec. 3. If federal or other program receipts as defined under AS 37.05.146 exceed the
12 estimates appropriated by this Act, the appropriation from state funds for the affected program
13 may be reduced by the amount of the excess if the reductions are consistent with applicable
14 federal statutes.
01 * Sec. 4. Except as provided in sec. 5 of this Act, if federal or other program receipts as
02 defined under AS 37.05.146 fall short of the estimates appropriated by this Act, the affected
03 appropriation is reduced by the amount of the shortfall in receipts.
04 * Sec. 5. If the federal receipts under 42 U.S.C. 1397 - 1397f (Title XX of the Social
05 Security Act) fall short of the estimate, the amount of the shortfall is appropriated from the
06 general fund.
07 * Sec. 6. (a) Amounts equivalent to the amounts to be received in settlement of insurance
08 claims for losses and the amounts to be received as recovery for losses are appropriated from
09 the general fund to the state insurance catastrophe reserve account established by
10 AS 37.05.289.
11 (b) Amounts equivalent to the amounts to be received in settlement of claims against
12 bonds guaranteeing the reclamation of state land are appropriated from the general fund to the
13 agency secured by the bond. This appropriation is made for the purpose of reclaiming state
14 land affected by a use covered by the bond.
15 (c) The appropriations made in this section are contingent upon compliance with the
16 program review provisions of AS 37.07.080(h).
17 * Sec. 7. The amount required to pay interest on revenue anticipation notes issued by the
18 commissioner of revenue under AS 43.08 is appropriated from the general fund to the
19 Department of Revenue.
20 * Sec. 8. The amount required to be paid by the state for the principal of and interest on
21 all issued and outstanding state-guaranteed bonds is appropriated from the general fund to the
22 state bond committee to make all payments by the state required under its guarantee for
23 principal and interest.
24 * Sec. 9. The sum of $7,555,288 is appropriated from the international airports revenue
25 fund (AS 37.15.430) to the state bond committee for payment of debt service and trustee fees
26 on outstanding international airports revenue bonds.
27 * Sec. 10. The amount of the rebate requirement, as defined by Resolution No. 86-5 of the
28 state bond committee, is appropriated from the international airports revenue fund
29 (AS 37.15.430) to the state bond committee for deposit in the rebate fund established by
30 Resolution No. 86-5 of the state bond committee.
31 * Sec. 11. The amount required to be paid to the redemption fund held by the trustee, as
01 defined by Resolution No. 91-6 of the state bond committee, is appropriated from the
02 international airports revenue fund (AS 37.15.430) to the state bond committee for payment
03 of debt service.
04 * Sec. 12. (a) The sum of $11,143,807 is appropriated from the general fund to the Alaska
05 debt retirement fund (AS 37.15.011).
06 (b) The sum of $11,143,807 is appropriated from the Alaska debt retirement fund
07 (AS 37.15.011) to the state bond committee for lease payments to the Alaska Housing Finance
08 Corporation, City of Seward, City of Palmer, City of Kenai, and the Department of Natural
09 Resources.
10 * Sec. 13. (a) The sum of $34,009,975 is appropriated from the general fund to the Alaska
11 debt retirement fund (AS 37.15.011).
12 (b) The sum of $34,009,975 is appropriated from the Alaska debt retirement fund
13 (AS 37.15.011) to the state bond committee for payment of debt service and trustee fees on
14 state general obligation bonds.
15 * Sec. 14. The amount authorized for transfer by the Alaska Permanent Fund Corporation
16 under AS 37.13.145(b) is appropriated from the earnings reserve account (AS 37.13.145) to
17 the dividend fund (AS 43.23.045) for the payment of permanent fund dividends and
18 administrative and associated costs.
19 * Sec. 15. The amount calculated under AS 37.13.145 to offset the effect of inflation on
20 the principal of the Alaska permanent fund is appropriated to the principal of the Alaska
21 permanent fund from the earnings reserve account (AS 37.13.145) of the Alaska permanent
22 fund that remains after money is transferred to the dividend fund under sec. 14 of this Act.
23 * Sec. 16. The interest earned during fiscal year 1994 on revenue from the sources set out
24 in AS 37.13.010 while the revenue is held in trust, escrow, or otherwise before receipt of the
25 revenue by the state is appropriated to the principal of the Alaska permanent fund.
26 * Sec. 17. The amount required to be deposited under AS 37.13.010(a)(1) and (2) during
27 fiscal year 1994 is appropriated to the principal of the Alaska permanent fund in satisfaction
28 of that requirement.
29 * Sec. 18. The lapsing balance of the employment assistance and training program account
30 (sec. 3, ch. 95, SLA 1989) on June 30, 1993, is appropriated to the unemployment
31 compensation fund (AS 23.20.130) on July 1, 1993.
01 * Sec. 19. (a) Except as provided in (b) and (c) of this section, all unrestricted mortgage
02 loan interest payments and all other unrestricted receipts, including, without limitation,
03 mortgage loan commitment fees, received by or accrued to the Alaska Housing Finance
04 Corporation during the fiscal year 1994, and all income earned on assets of the corporation
05 during that period, are appropriated to the Alaska housing finance revolving fund
06 (AS 18.56.082) for the purposes described in AS 18.56.
07 (b) All unrestricted mortgage loan interest payments and all other unrestricted receipts,
08 including, without limitation, mortgage loan commitment fees, received by or accrued to the
09 housing assistance loan fund (AS 18.56.420) in the Alaska Housing Finance Corporation
10 during the fiscal year 1994, and all income earned on assets of that fund during that period,
11 are appropriated to the housing assistance loan fund in the Alaska Housing Finance
12 Corporation for the purposes of that fund.
13 (c) All unrestricted mortgage loan interest payments and all other unrestricted receipts,
14 including, without limitation, mortgage loan commitment fees, received by or accrued to the
15 senior housing revolving fund (AS 18.56.710) in the Alaska Housing Finance Corporation
16 during the fiscal year 1994, and all income earned on assets of that fund during that period,
17 are appropriated to the senior housing revolving fund in the Alaska Housing Finance
18 Corporation for the purposes of that fund.
19 * Sec. 20. The sum of $4,802,800 is appropriated from the commercial fishing revolving
20 loan fund (AS 16.10.340) to the general fund, as an additional revenue source.
21 * Sec. 21. The sum of $26,700,000 is appropriated from the general fund to the oil and
22 hazardous substance release response fund (AS 46.08.010).
23 * Sec. 22. The balance of the oil and hazardous substance release mitigation account
24 (AS 46.04.010 and AS 46.08.020) on July 1, 1993, is appropriated to the oil and hazardous
25 substance release response fund (AS 46.08.010).
26 * Sec. 23. The sum of $10,623,400 is appropriated to the following departments, from the
27 following sources, for costs relating to legal proceedings and audit activity involving oil and
28 gas revenue due or paid to the state or state title to oil and gas land, for the fiscal year ending
29 June 30, 1994:
30 Department of Law
31 General fund $7,608,400
01 State corporation receipts 2,750,000
02 Department of Revenue
03 General fund 265,000
04 * Sec. 24. The sum of $7,945,200 is appropriated to the disaster relief fund
05 (AS 26.23.300), for the fiscal year ending June 30, 1994, from the following sources:
06 Federal receipts $5,000,000
07 General fund 2,945,200
08 * Sec. 25. The sum of $22,631,700 is appropriated to the information services fund
09 (AS 44.21.045) for the Department of Administration, division of information services
10 programs from the following sources:
11 General fund $ 2,311,600
12 General fund program receipts 55,000
13 Inter-agency receipts 20,265,100
14 * Sec. 26. The sum of $28,329,200 is appropriated from the general fund to the Alaska
15 marine highway system fund (AS 19.65.060) to continue to provide stable services to the
16 public.
17 * Sec. 27. The sum of $2,068,200 is appropriated from the general fund to the fisheries
18 enhancement revolving loan fund (AS 16.10.505) for the fisheries enhancement loan programs.
19 * Sec. 28. The sum of $871,400 is appropriated from the mental health trust income
20 account (AS 37.14.011) to the unreserved portion of the general fund for statewide indirect
21 cost recovery related to mental health programs.
22 * Sec. 29. (a) The sum of $5,691,500 is appropriated from the oil and hazardous substance
23 release mitigation account (AS 46.04.010 and AS 46.08.020) to the storage tank assistance
24 fund (AS 46.03.410) for the fiscal year ending June 30, 1994.
25 (b) The fiscal year 1994 general fund receipts of the tank registration fee program
26 under AS 46.03.385 are appropriated to the storage tank assistance fund (AS 46.03.410).
27 * Sec. 30. The balance on June 30, 1993, of the Safety Advisory Council program receipts
28 account for the fiscal year 1993 is appropriated to the Safety Advisory Council for costs of
29 the 1994 annual governor's safety conference.
30 * Sec. 31. The amounts necessary to refund to local governments their share of taxes and
31 fees collected under the following programs are appropriated to the Department of Revenue
01 from the general fund for payment in fiscal year 1994:
02 (1) fisheries tax revenue for fiscal year 1993 (AS 43.75);
03 (2) amusement and gaming tax revenue for fiscal year 1994 (AS 43.35);
04 (3) aviation fuel tax revenue for fiscal year 1994 (AS 43.40.010);
05 (4) electric and telephone cooperative tax revenue for fiscal year 1994
06 (AS 10.25.570); and
07 (5) liquor license fee revenue for fiscal year 1994 (AS 04.11).
08 * Sec. 32. The amount equal to the salmon enhancement tax collected under
09 AS 43.76.010 - 43.76.030 and deposited in the general fund under AS 43.76.025(c) is
10 appropriated from the general fund to the Department of Commerce and Economic
11 Development for payment in fiscal year 1994 to provide financing for qualified regional
12 associations operating within a region designated under AS 16.10.375.
13 * Sec. 33. If the unrestricted state revenue available for appropriation in fiscal year 1994
14 is insufficient to cover the general fund appropriations made for fiscal year 1994, the amount
15 necessary to balance revenue and general fund appropriations is appropriated to the general
16 fund from the budget reserve fund (AS 37.05.540).
17 * Sec. 34. The appropriations made by secs. 19, 25, 26, 27, and 29 of this Act are for
18 capitalization of funds and do not lapse under AS 37.25.010.
19 (SECTION 35 BEGINS ON PAGE 9)