HB 35: "An Act relating to deposits to the budget reserve fund."
00HOUSE BILL NO. 35 01 "An Act relating to deposits to the budget reserve fund." 02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 03 * Section 1. AS 37.25 is amended by adding a new section to read: 04 Sec. 37.25.050. DEPOSITS TO THE BUDGET RESERVE FUND. Each year 05 the Department of Administration shall determine the amount appropriated from the 06 budget reserve fund (art. IX, sec. 17, Constitution of the State of Alaska) that remains 07 unpaid. The department shall also determine the amount of money in the general fund 08 that was available for appropriation at the end of the preceding fiscal year. Based 09 upon these determinations the department shall, by November l of each year, deposit 10 into the budget reserve fund that amount of available general fund money required to 11 be repaid under art. IX, sec. l7(d), Constitution of the State of Alaska.