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HB 112: "An Act establishing the Alaska public building fund; and providing for an effective date."

00HOUSE BILL NO. 112 01 "An Act establishing the Alaska public building fund; and providing for an 02 effective date." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 37.05 is amended by adding a new section to article 6 to read: 05  Sec. 37.05.570. Alaska public building fund. (a) There is created as a 06 special account in the general fund the Alaska public building fund into which shall 07 be deposited 08  (1) payments made to the Department of Administration by a public or 09 private occupant of a building under an agreement with the Department of 10 Administration for costs of the occupant's use and occupancy of building space; and 11  (2) appropriations to the Alaska public building fund. 12  (b) Beginning with the appropriations for the fiscal year beginning July 1, 13 2000, on an annual basis and under AS 37.07 (Executive Budget Act), the legislature 14 may appropriate amounts from the Alaska public building fund to the Department of

01 Administration to pay use, management, operation, maintenance, and depreciation costs 02 related to building space managed under an agreement with the Department of 03 Administration. 04  (c) Appropriations to the Alaska public building fund are not one-year 05 appropriations and do not lapse under AS 37.25.010. 06  (d) The unexpected and unobligated balance of an appropriation from the 07 Alaska public building fund lapses into the Alaska public building fund at the end of 08 the fiscal year for which it was appropriated. 09  (e) Nothing in this section exempts money deposited into the Alaska public 10 building fund from the requirements of AS 37.07 (Executive Budget Act) or dedicates 11 that money for a specific purpose. 12 * Sec. 2. This Act takes effect July 1, 1999.