00HOUSE BILL NO. 437                                                                                                    
01 "An Act relating to receipt of permanent fund dividends by certain individuals                                          
02 who have been absent from the state for more than 180 days during a year; and                                           
03 providing for an effective date."                                                                                       
04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                               
05    * Section 1.  AS 43.23 is amended by adding a new section to read:                                                 
06  Sec. 43.23.017.  Dividends of certain individuals who have been absent.  (a)                                        
07 An individual who is eligible for a permanent fund dividend and has been absent from                                    
08 the state for more than 180 consecutive days during the year immediately preceding                                      
09 January 1 of the current dividend year, or for more than 180 consecutive days in each                                   
10 of several consecutive years immediately preceding January 1 of the current dividend                                    
11 year, may not receive the dividend until the individual                                                                 
12   (1)  has been physically present in the state for a subsequent year,                                                 
13 except that during the subsequent year the individual may have been absent for up to                                    
14 90 days; and                                                                                                            

01   (2)  is otherwise eligible for the dividend declared for the year                                                    
02 immediately following the year that satisfies the requirements of (1) of this subsection.                               
03  (b)  Only one prior year dividend may be paid to an individual during a current                                       
04 dividend year.  If, before receiving the prior year dividend, an individual who is                                      
05 eligible to receive a prior year dividend under (a) of this section fails to apply or                                   
06 qualify for a dividend for a subsequent year, that individual becomes ineligible to                                     
07 receive the prior year dividend.                                                                                        
08  (c)  If an individual who is eligible to receive a dividend but has not received                                      
09 it dies before satisfying the requirements of (a)(1) and (2) of this section or before                                  
10 receiving the dividend, the department shall pay the dividend to the appropriate person                                 
11 on behalf of the estate of the individual.                                                                              
12    * Sec. 2.  This Act takes effect January 1, 2000.