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SB 231: "An Act making and amending capital appropriations and reappropriations and capitalizing funds; and providing for an effective date."

00SENATE BILL NO. 231 01 "An Act making and amending capital appropriations and reappropriations and 02 capitalizing funds; and providing for an effective date." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. ALASKA CLEAN WATER FUND. The sum of $14,158,100 is appropriated 05 to the Alaska clean water fund (AS 46.03.032) for the Alaska clean water loan program from 06 the following sources: 07 General fund match $ 2,359,700 08 Federal receipts 11,798,400 09 * Sec. 2. ALASKA DRINKING WATER FUND. The sum of $8,808,400 is appropriated 10 to the Alaska drinking water fund (AS 46.03.036) for the Alaska drinking water loan program 11 from the following sources: 12 General fund match $1,468,100 13 Federal receipts 7,340,300 14 * Sec. 3. ALASKA INDUSTRIAL DEVELOPMENT AND EXPORT AUTHORITY. The

01 sum of $16,000,000 that was declared available by the Alaska Industrial Development and 02 Export Authority Board of Directors for appropriation as the fiscal year 1999 dividend from 03 the unrestricted balance in the Alaska Industrial Development and Export Authority revolving 04 fund (AS 44.88.060), is appropriated for economic development projects in sec. 10 of this Act. 05 * Sec. 4. CAPITAL PROJECT MATCHING GRANT PROGRAMS. (a) The sum of 06 $13,150,000 is appropriated from the general fund to the municipal capital project matching 07 grant fund (AS 37.06.010(b)) in the Department of Administration to provide grants to 08 municipalities under the municipal capital project matching grant program. 09 (b) The sum of $1,850,000 is appropriated from the general fund to the unincorporated 10 community capital project matching grant fund (AS 37.06.020(b)) in the Department of 11 Community and Regional Affairs to provide grants to unincorporated communities under the 12 unincorporated community capital project matching grant program. 13 (c) An amount equal to the interest earned on money in the individual grant accounts 14 in the municipal capital project matching grant fund (AS 37.06.010(b)) and the unincorporated 15 community capital project matching grant fund (AS 37.06.020(b)) is appropriated from the 16 general fund to the respective funds. The interest is calculated using the average percentage 17 interest rate received by other accounts in the state's general investment fund that received 18 interest during fiscal year 1998. The appropriations made by this subsection are allocated 19 prorata to each individual grant account based on the balance of the account on the close of 20 business on June 30, 1998. 21 * Sec. 5. FEDERAL OR OTHER PROGRAM RECEIPTS. Federal or other program 22 receipts that exceed the amount appropriated by this Act are appropriated conditioned upon 23 compliance with the program review provisions of AS 37.07.080(h). 24 * Sec. 6. RURAL ELECTRIFICATION REVOLVING LOAN FUND. Notwithstanding 25 AS 42.45.020(g), the balance of the rural electrification revolving loan fund (AS 42.45.020) 26 on June 30, 1998, is appropriated to the Department of Community and Regional Affairs for 27 the electrical emergencies program. 28 * Sec. 7. DEPARTMENT OF PUBLIC SAFETY REAPPROPRIATION. The unexpended 29 and unobligated balance as of June 30, 1998, of the appropriation made from the general fund 30 in sec. 82, ch. 100, SLA 1997, page 55, line 10 (Fingerprint System Replacement - 31 $1,400,000) is reappropriated to the Department of Public Safety for statewide academy

01 expansion. 02 * Sec. 8. LAPSE PROVISIONS. (a) The appropriations made by secs. 1, 2, and 4 of this 03 Act are for capitalization of funds and do not lapse under AS 37.25.010. 04 (b) The appropriations made by secs. 6, 7, and 10 of this Act are for capital projects 05 and lapse under AS 37.25.020. 06 * Sec. 9. This Act takes effect July 1, 1998. 07 (SECTION 10 OF THIS ACT BEGINS ON PAGE 4)