00                             HOUSE BILL NO. 3003                                                                         
01 "An Act making an appropriation from the general fund to the Department of                                              
02 Education and Early Development for the payment of educational programs; making an                                      
03 appropriation from the earnings reserve account for the payment of permanent fund                                       
04 dividends; making an appropriation from the earnings reserve account to the budget                                      
05 reserve fund; and providing for an effective date."                                                                     
06 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
07                (SECTION 1 OF THIS ACT BEGINS ON PAGE 2)                                                                 
01 * Section 1.  The following appropriation items are for operating expenditures from the                               
02 general fund or other funds as set out in the fiscal year 2022 budget summary for the                                   
03 operating budget by funding source to the agencies named for the purposes expressed for the                             
04 fiscal year beginning July 1, 2021 and ending June 30, 2022, unless otherwise indicated.                                
05                                   Appropriation General      Other                                                      
06                          Allocations   Items      Funds     Funds                                                       
07                      * * * * *                           * * * * *                                                      
08           * * * * * Department of Education and Early Development * * * * *                                             
09                      * * * * *                           * * * * *                                                      
10 Alaska Postsecondary Education                                                                                        
11  Commission                                                                                                           
12  Program Administration &       0                                                                                       
13   Operations                                                                                                            
14  WWAMI Medical                  0                                                                                       
15   Education                                                                                                             
16 Alaska Performance Scholarship                                                                                        
17  Awards                                                                                                               
18  Alaska Performance             0                                                                                       
19   Scholarship Awards                                                                                                    
20            (SECTION 2 OF THIS ACT BEGINS ON THE NEXT PAGE)                                                              
01 * Sec. 2.  The following sets out the funding by agency for the appropriations made in Sec. 1                           
02 of this Act.                                                                                                            
03  Funding Source                                            Amount                                                       
04 Department of Education and Early Development                                                                         
05  1004 General Fund Receipts  21,364,100                                                                                 
06  1226 Alaska Higher Education Investment Fund  -21,364,100                                                              
07      * * * Total Agency Funding * * *  $0                                                                             
08 * * * Total Budget * * *  $0                                                                                          
09            (SECTION 3 OF THIS ACT BEGINS ON THE NEXT PAGE)                                                              
01 * Sec. 3.  The following sets out the statewide funding for the appropriations made in sec. 1 of                        
02 this Act.                                                                                                               
03  Funding Source                                            Amount                                                       
04 Unrestricted General Funds                                                                                            
05  1004 General Fund Receipts                              21,364,100                                                     
06  * * * Total Unrestricted General Funds * * *           $21,364,100                                                     
07 Designated General Funds                                                                                              
08  1226 Alaska Higher Education Investment Fund           -21,364,100                                                     
09  * * * Total Designated General Funds * * *            $-21,364,100                                                     
10 Federal Receipts                                                                                                      
11  * * * Total Federal Receipts * * *                            $0                                                       
12 Other Non-Duplicated Funds                                                                                            
13  * * * Total Other Non-Duplicated Funds * * *                  $0                                                       
14 Duplicated Funds                                                                                                      
15  * * * Total Duplicated Funds * * *                            $0                                                       
16 * * * Total Budget * * *                                       $0                                                     
17            (SECTION 4 OF THIS ACT BEGINS ON THE NEXT PAGE)                                                              
01    * Sec. 4.  ALASKA PERMANENT FUND. (a) The sum of $1,534,648,008 is appropriated                                    
02 from the earnings reserve account (AS 37.13.145) to the dividend fund (AS 43.23.045(a)) for                             
03 the payment of permanent fund dividends and for administrative and associated costs for the                             
04 fiscal year ending June 30, 2022.                                                                                       
05       (b)  The sum of $1,465,351,992 is appropriated from the earnings reserve account                                  
06 (AS 37.13.145) to the budget reserve fund (art. IX, sec. 17, Constitution of the State of                               
07 Alaska) for the fiscal year ending June 30, 2022.                                                                       
08    * Sec. 5. LAPSE OF APPROPRIATION. The appropriations made in sec. 4 of this Act are                                
09 for the capitalization of a fund and do not lapse.                                                                      
10    * Sec. 6. RETROACTIVITY. The appropriations made in sec. 4 of this Act are retroactive                             
11 to July 1, 2021.                                                                                                        
12    * Sec. 7.  This Act takes effect immediately under AS 01.10.070(c).