00 HOUSE BILL NO. 471 01 "An Act relating to the funding of public education; and providing for an effective 02 date." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04  * Section 1. AS 14.17.470 is amended to read: 05 Sec. 14.17.470. Base student allocation. The base student allocation is 06 $4,263. However, the department shall, on July 1 of each year, increase the base  07 student allocation by two percent [$4,169]. 08  * Sec. 2. This Act takes effect July 1, 2004.