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SB 83: "An Act making an appropriation for management fees for the constitutional budget reserve fund (art. IX, sec. 17, Constitution of the State of Alaska); and providing for an effective date."

00SENATE BILL NO. 83 01 "An Act making an appropriation for management fees for the constitutional 02 budget reserve fund (art. IX, sec. 17, Constitution of the State of Alaska); and 03 providing for an effective date." 04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 05 * Section 1. The sum of $31,000 is appropriated from the general fund to the Department 06 of Revenue, treasury division, for equity investment management fees necessary to implement 07 a new asset allocation for the constitutional budget reserve fund (art. IX, sec. 17, Constitution 08 of the State of Alaska) for the fiscal year ending June 30, 1997. 09 * Sec. 2. This Act takes effect immediately under AS 01.10.070(c).