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CSHB 312(FIN): "An Act making and amending appropriations for the operating and loan program expenses of state government, for certain programs, and to capitalize funds; making appropriations under art. IX, sec. 17(c), Constitution of the State of Alaska, from the constitutional budget reserve fund; and providing for an effective date."

00CS FOR HOUSE BILL NO. 312(FIN) 01 "An Act making and amending appropriations for the operating and loan program 02 expenses of state government, for certain programs, and to capitalize funds; 03 making appropriations under art. IX, sec. 17(c), Constitution of the State of 04 Alaska, from the constitutional budget reserve fund; and providing for an effective 05 date." 06 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 07 (SECTION 1 OF THIS ACT BEGINS ON PAGE 2) * Sec. 3. ALASKA HOUSING FINANCE CORPORATION. (a) The unexpended and 08 unobligated amount of Alaska Housing Finance Corporation unrestricted revenue available for 09 appropriation, as determined by the board of directors of the Alaska Housing Finance 10 Corporation in accordance with sec. 2(c) and (d), ch. 129, SLA 1998, for the fiscal year 11 ending June 30, 2001, is appropriated to the Alaska debt retirement fund (AS 37.15.011). 12 (b) All unrestricted mortgage loan interest payments, mortgage loan commitment fees, 13 and all other unrestricted receipts received by or accrued to the Alaska Housing Finance 14 Corporation during fiscal year 2001 and all income earned on assets of the corporation during

01 that period are appropriated to the Alaska Housing Finance Corporation to hold as corporate 02 receipts for the purposes described in AS 18.56. The corporation shall allocate its corporate 03 receipts among the Alaska housing finance revolving fund (AS 18.56.082), housing assistance 04 loan fund (AS 18.56.420), and senior housing revolving fund (AS 18.56.710) in accordance 05 with procedures adopted by the board of directors. 06 (c) The following amounts are appropriated to the Alaska Housing Finance 07 Corporation (AHFC) from the sources indicated and for the following purposes: 08 PURPOSE AMOUNT SOURCE 09 Housing loan programs $798,000,000 AHFC corporate receipts 10 not subsidized by AHFC 11 Housing loan programs 70,000,000 AHFC corporate receipts 12 and projects subsidized derived from arbitrage 13 by AHFC earnings 14 Housing assistance payments 25,000,000 Federal receipts 15 Section 8 program 16 * Sec. 4. ALASKA OIL AND GAS CONSERVATION COMMISSION. The unexpended 17 and unobligated balance on June 30, 2000, of the Alaska Oil and Gas Conservation 18 Commission receipts account for regulatory cost charges under AS 31.05.093 and 31.05.090 19 for fiscal year 2000 is appropriated to the Alaska Oil and Gas Conservation Commission for 20 fiscal year 2001 operations. 21 * Sec. 5. ALASKA PERMANENT FUND CORPORATION. (a) The amount authorized 22 for transfer by the Alaska Permanent Fund Corporation under AS 37.13.145(b) is appropriated 23 from the earnings reserve account (AS 37.13.145) to the dividend fund (AS 43.23.045(a)) for 24 the payment of permanent fund dividends and administrative and associated costs. 25 (b) After money is transferred to the dividend fund under (a) of this section, the 26 amount calculated under AS 37.13.145 to offset the effect of inflation on the principal of the 27 Alaska permanent fund is appropriated from the earnings reserve account (AS 37.13.145) to 28 the principal of the Alaska permanent fund. 29 (c) The amount required to be deposited under AS 37.13.010(a)(1) and (2) during 30 fiscal year 2001 is appropriated to the principal of the Alaska permanent fund in satisfaction 31 of that requirement.

01 (d) The interest earned during fiscal year 2001 on revenue from the sources set out 02 in AS 37.13.010 while the revenue is held in trust, escrow, or otherwise before receipt by the 03 state is appropriated to the principal of the Alaska permanent fund. 04 * Sec. 6. ALASKA AEROSPACE DEVELOPMENT CORPORATION. That portion of 05 the corporate receipts of the Alaska Aerospace Development Corporation received during the 06 fiscal year ending June 30, 2001, that is in excess of the amount appropriated in sec. 1 of this 07 Act, is appropriated to the Alaska Aerospace Development Corporation for operations during 08 the fiscal year ending June 30, 2001. 09 * Sec. 7. ALASKA SCIENCE AND TECHNOLOGY FOUNDATION. The unexpended 10 and unobligated balance in the Alaska science and technology endowment earnings reserve 11 on June 30, 2000, is appropriated to the Alaska Science and Technology Foundation to award 12 as grants under AS 37.17.030(d) for the fiscal year ending June 30, 2001. 13 * Sec. 8. ALASKA SEAFOOD MARKETING INSTITUTE. An amount equal to the 14 unexpended and unobligated balance on June 30, 2000, of the fiscal year 2000 general fund 15 receipts from the salmon marketing tax (AS 43.76.110) and from the seafood marketing 16 assessment (AS 16.51.120) is appropriated to the Alaska Seafood Marketing Institute for 17 marketing Alaska seafood products during fiscal year 2001. 18 * Sec. 9. CHILD SUPPORT ENFORCEMENT. That portion of program receipts received 19 during the fiscal year ending June 30, 2001, by the child support enforcement division that 20 is necessary to provide the minimum amount of state funds, and no more, that is necessary 21 to secure federal funding appropriated for the child support enforcement program in sec. 1 of 22 this Act is appropriated to the Department of Revenue, child support enforcement division, 23 for the fiscal year ending June 30, 2001. 24 * Sec. 10. CONSTITUTIONAL BUDGET RESERVE FUND. (a) Amounts equal to the 25 deposits in the budget reserve fund (art. IX, sec. 17, Constitution of the State of Alaska) for 26 fiscal year 2000 that were made from subfunds and accounts other than the operating general 27 fund (state accounting system fund number 11100) by operation of art. IX, sec. 17(d), 28 Constitution of the State of Alaska, to repay appropriations from the budget reserve fund are 29 appropriated from the budget reserve fund to the subfunds and accounts from which they were 30 transferred. 31 (b) If the unrestricted state revenue available for appropriation in fiscal year 2001 is

01 insufficient to cover the general fund appropriations made for fiscal year 2001, the amount 02 necessary to balance revenue and general fund appropriations is appropriated to the general 03 fund from the budget reserve fund (art. IX, sec. 17, Constitution of the State of Alaska). 04 (c) The appropriations in (a) and (b) of this section are made under art. IX, sec. 17(c), 05 Constitution of the State of Alaska. 06 * Sec. 11. DISASTER RELIEF. Federal receipts received for disaster relief are 07 appropriated to the disaster relief fund (AS 26.23.300). 08 * Sec. 12. DIVE FISHERY MANAGEMENT ASSESSMENT. The dive fishery 09 management assessment collected under AS 43.76.150 - 43.76.210 in fiscal year 2000 and 10 deposited into the general fund under AS 43.76.190(d) is appropriated from the general fund 11 to the Department of Fish and Game for disbursement under AS 43.76.200 in fiscal year 2001 12 of the amount collected in each administrative area to the qualified regional dive fishery 13 development association operating within the administrative area in which the assessment was 14 collected. 15 * Sec. 13. FEDERAL AND OTHER PROGRAM RECEIPTS. (a) Federal receipts, 16 designated program receipts as defined under AS 37.05.146(b)(3), and receipts of commercial 17 fisheries test fishing operations under AS 37.05.146(b)(4)(U) that exceed the amounts 18 appropriated by this Act are appropriated conditioned on compliance with the program review 19 provisions of AS 37.07.080(h). 20 (b) If federal or other program receipts as defined in AS 37.05.146 exceed the 21 estimates appropriated by this Act, the appropriations from state funds for the affected 22 program may be reduced by the excess if the reductions are consistent with applicable federal 23 statutes. 24 (c) If federal or other program receipts as defined in AS 37.05.146 fall short of the 25 estimates appropriated by this Act, the affected appropriation is reduced by the amount of the 26 shortfall in receipts. 27 * Sec. 14. FISH AND GAME ENFORCEMENT. (a) To increase enforcement of the fish 28 and game laws of the state, the amount deposited in the general fund during the fiscal year 29 ending June 30, 2000, from criminal fines, penalties, and forfeitures imposed for violation of 30 AS 16 and its implementing regulations and from the sale of forfeited property or alternative 31 damages collected under AS 16.05.195 is appropriated to the fish and game fund

01 (AS 16.05.100). 02 (b) Appropriations totaling the estimated amount of the deposits described in (a) of 03 this section and the remaining unappropriated balances from prior year transfers for these 04 purposes are made in sec. 1 of this Act to the Department of Public Safety and the 05 Department of Law for increased enforcement, investigation, and prosecution of state fish and 06 game laws. If the receipts appropriated to the fish and game fund (AS 16.05.100) from the 07 sources described in (a) of this section during fiscal year 2001 and the remaining 08 unappropriated balances from prior year transfers for these purposes fall short of the estimates 09 appropriated by this Act, each department's appropriation set out in sec. 1 of this Act is 10 reduced proportionately. 11 * Sec. 15. FISH AND GAME FUND. (a) The amount of revenue received from the sale 12 of crewmember fishing licenses (AS 16.05.480(a)) during the fiscal year ending June 30, 2001, 13 that is not deposited into the fishermen's fund under AS 23.35.060 is appropriated to the fish 14 and game fund (AS 16.05.100). 15 (b) The amount of range fees collected at shooting ranges operated by the Department 16 of Fish and Game (AS 16.05.050(a)(16)) during the fiscal year ending June 30, 2001 is 17 appropriated to the fish and game fund (AS 16.05.100). 18 (c) The amount of fees collected during the fiscal year ending June 30, 2001, at 19 boating and angling access sites described in AS 16.05.050(a)(7) and managed by the 20 Department of Natural Resources, division of parks and outdoor recreation, under a 21 cooperative agreement is appropriated to the fish and game fund (AS 16.05.100). 22 * Sec. 16. FOUR DAM POOL TRANSFER FUND. The amount available in the four dam 23 pool transfer fund (AS 42.45.050) during fiscal year 2001 is appropriated to the following 24 funds in the following percentages for the purposes set out in AS 42.45.050: 25 Power cost equalization and rural electric 60 percent 26 capitalization fund (AS 42.45.100) 27 Southeast energy fund (AS 42.45.040) 40 percent 28 * Sec. 17. INSURANCE AND BOND CLAIMS. (a) The amount necessary to fund the 29 uses of the state insurance catastrophe reserve account described in AS 37.05.289(a) is 30 appropriated from that account to the Department of Administration for those uses. 31 (b) Amounts equivalent to the amounts to be received in settlement of claims against

01 bonds guaranteeing the reclamation of state land are appropriated from the general fund to the 02 agency secured by the bond for the purpose of reclaiming state land affected by a use covered 03 by the bond. 04 * Sec. 18. LEGISLATIVE REDISTRICTING. The sum of $600,000 is appropriated from 05 the general fund to the Legislative Council for the operations of the Redistricting Planning 06 Committee and the Redistricting Board for the fiscal year ending June 30, 2001. 07 * Sec. 19. MARINE HIGHWAY SYSTEM FUND. The sum of $26,929,500 is 08 appropriated from the general fund to the Alaska marine highway system fund (AS 19.65.060). 09 * Sec. 20. MEDICAID SCHOOL BASED CLAIM. If the federal receipts for the School 10 Based Services Administrative Claim under 42 U.S.C. 1396a (Sec. 1902(a)(4), Title XIX of 11 the Social Security Act) for the fiscal year ending June 30, 2001, fall short of the estimate, 12 the amount of the shortfall is appropriated from the general fund. 13 * Sec. 21. MEDICARE PHARMACY RECEIPTS. If the reimbursement under the 14 Medicare program (42 U.S.C. Title XVIII) for pharmacy coverage is not in effect during 15 federal fiscal year 2001, the amount of the shortfall in recovery to the Medicaid program, not 16 to exceed $3,000,000, is appropriated from the general fund. 17 * Sec. 22. MOTOR FUEL TAX. The following estimated amounts from the unreserved 18 special accounts in the general fund are included within the general fund amounts appropriated 19 by this Act: 20 Special highway fuel tax account (AS 43.40.010(g)) $25,338,300 21 Special aviation fuel tax account (AS 43.40.010(e)) 5,600,000 22 * Sec. 23. OIL AND HAZARDOUS SUBSTANCE RELEASE PREVENTION 23 ACCOUNT. The following amounts are appropriated to the oil and hazardous substance 24 release prevention account (AS 46.08.010(a)(1)) in the oil and hazardous substance release 25 prevention and response fund (AS 46.08.010) from the sources indicated: 26 (1) the balance of the oil and hazardous substance release prevention mitigation 27 account (AS 46.08.020(b)) in the general fund on July 1, 2000, not otherwise appropriated by 28 this Act; 29 (2) the amount collected for the fiscal year ending June 30, 2000, estimated 30 to be $9,800,000, from the surcharge levied under AS 43.55.300. 31 * Sec. 24. OIL AND HAZARDOUS SUBSTANCE RELEASE RESPONSE ACCOUNT.

01 The following amounts are appropriated to the oil and hazardous substance release response 02 account (AS 46.08.010(a)(2)) in the oil and hazardous substance release prevention and 03 response fund (AS 46.08.010) from the following sources: 04 (1) the balance of the oil and hazardous substance release response mitigation 05 account (AS 46.08.025(b)) in the general fund on July 1, 2000, not otherwise appropriated by 06 this Act; 07 (2) the amount collected for the fiscal year ending June 30, 2000, from the 08 surcharge levied under AS 43.55.201. 09 * Sec. 25. REGULATORY COMMISSION OF ALASKA. The unexpended and 10 unobligated balance on June 30, 2000, of the Regulatory Commission of Alaska receipts 11 account for regulatory cost charges under AS 42.05.254 and AS 42.06.286 for fiscal year 2000 12 is appropriated to the Regulatory Commission of Alaska for fiscal year 2001 expenditures. 13 * Sec. 26. RETAINED FEES. The amount retained to compensate the collector or trustee 14 of fees, licenses, taxes, or other money belonging to the state during the fiscal year ending 15 June 30, 2001, is appropriated for that purpose to the agency authorized by law to generate 16 the revenue. 17 * Sec. 27. SALMON ENHANCEMENT TAX. The salmon enhancement tax collected 18 under AS 43.76.010 - 43.76.028 in calendar year 1999 and deposited in the general fund under 19 AS 43.76.025(c) is appropriated from the general fund to the Department of Community and 20 Economic Development for payment in fiscal year 2001 to qualified regional associations 21 operating within a region designated under AS 16.10.375. 22 * Sec. 28. SHARED TAXES AND FEES. The amount necessary to refund to local 23 governments their share of taxes and fees collected in the listed fiscal years under the 24 following programs is appropriated to the Department of Revenue from the general fund for 25 payment in fiscal year 2001: 26 REVENUE SOURCE FISCAL YEAR COLLECTED 27 fisheries taxes (AS 43.75) 2000 28 fishery resource landing tax (AS 43.77) 2000 29 aviation fuel tax (AS 43.40.010) 2001 30 electric and telephone cooperative tax (AS 10.25.570) 2001 31 liquor license fee (AS 04.11) 2001

01 * Sec. 29. STATE DEBT AND OTHER OBLIGATIONS. (a) The amount required to pay 02 interest on any revenue anticipation notes issued by the commissioner of revenue under 03 AS 43.08 is appropriated from the general fund to the Department of Revenue for payment 04 of the interest on those notes. 05 (b) The amount required to be paid by the state for principal and interest on all issued 06 and outstanding state-guaranteed bonds is appropriated from the general fund to the state bond 07 committee for payment of principal and interest on those bonds. 08 (c) The sum of $13,813,530 is appropriated from the Alaska Industrial Development 09 and Export Authority revolving fund (AS 44.88.060) to the Alaska debt retirement fund 10 (AS 37.15.011). 11 (d) The sum of $12,857,805 is appropriated from the Alaska debt retirement fund 12 (AS 37.15.011) to the state bond committee for trustee fees and lease payments relating to 13 certificates of participation issued for real property. 14 (e) The sum of $7,906,977 is appropriated from the International Airports Revenue 15 Fund (AS 37.15.430) to the state bond committee for payment of debt service and trustee fees 16 on outstanding international airports revenue bonds. 17 (f) The sum of $52,818,852 is appropriated to the Department of Education and Early 18 Development for state aid for costs of school construction under AS 14.11.100 from the 19 following sources: 20 Alaska debt retirement fund (AS 37.15.011) $23,481,517 21 School fund (AS 43.50.140) 29,337,335 22 (g) The sum of $3,541,385 is appropriated from the Alaska Industrial Development 23 and Export Authority revolving fund (AS 44.88.060) to the Department of Administration for 24 payment of obligations to the Alaska Housing Finance Corporation for the Robert B. Atwood 25 Building in Anchorage. 26 (h) The sum of $1,680,000 is appropriated from interest earnings of the Alaska clean 27 water fund (AS 46.03.032) to the Alaska clean water fund revenue bond redemption fund 28 (AS 37.15.560) for payment of principal of and interest, redemption premium, and trustee fees, 29 if any, on bonds issued by the Alaska clean water fund under AS 37.15.560. 30 (i) Section 69, ch. 2, FSSLA 1999, is amended to read: 31  Sec. 69. The [IN ADDITION TO THE AMOUNT REQUIRED TO BE PAID

01 BY THE STATE FOR PRINCIPAL AND INTEREST ON ALL ISSUED AND 02 OUTSTANDING STATE-GUARANTEED BONDS, THE] sum of $2,450,000 is 03 appropriated from the general fund to the Alaska debt retirement fund 04 (AS 37.15.011) [STATE BOND COMMITTEE FOR PAYMENT OF ADDITIONAL 05 PRINCIPAL AND INTEREST ON THOSE BONDS]. 06 * Sec. 30. STATE TRAINING AND EMPLOYMENT PROGRAM. The lapsing balance 07 of the employment assistance and training program account (AS 23.15.625) on June 30, 2000, 08 is appropriated to the employment assistance and training program account for the fiscal year 09 ending June 30, 2001. 10 * Sec. 31. STATEWIDE PRIMARY AND GENERAL ELECTION YEAR COSTS. (a) 11 The sum of $1,629,000 is appropriated from the general fund to the Office of the Governor, 12 division of elections, for costs associated with conducting the statewide primary and general 13 elections in the fiscal year ending June 30, 2001. 14 (b) The sum of $70,000 is appropriated from the general fund to the Department of 15 Administration, Alaska Public Offices Commission, for costs associated with the statewide 16 primary and general elections in the fiscal year ending June 30, 2001. 17 * Sec. 32. STATUTORY BUDGET RESERVE FUND. If the unrestricted state revenue 18 available for appropriation in fiscal year 2001 is insufficient to cover the general fund 19 appropriations made for fiscal year 2001, the amount necessary to balance revenue and general 20 fund appropriations is appropriated to the general fund from the budget reserve fund 21 (AS 37.05.540). 22 * Sec. 33. STORAGE TANK ASSISTANCE FUND. The sum of $1,020,612 is 23 appropriated from the oil and hazardous substance release prevention account 24 (AS 46.08.010(a)(1)) to the storage tank assistance fund (AS 46.03.410) for the fiscal year 25 ending June 30, 2001. 26 * Sec. 34. STUDENT LOAN PROGRAM. (a) The amount from student loan borrowers 27 of the Alaska Commission on Postsecondary Education that is assessed for loan origination 28 fees for the fiscal year ending June 30, 2001, is appropriated to the origination fee account 29 (AS 14.43.120(u)) within the student loan fund of the Alaska Student Loan Corporation for 30 the purposes specified in AS 14.43.120(u). 31 (b) The sum of $1,444,200 is appropriated as a return of capital from corporate

01 receipts of the student loan fund (AS 14.42.210) to the Alaska Commission on Postsecondary 02 Education for payment in fiscal year 2001 for the participation of the State of Alaska in the 03 WWAMI medical education program. 04 (c) The sum of $100,000 is appropriated as a return of capital from corporate receipts 05 of the student loan fund (AS 14.42.210) to the Alaska Commission on Postsecondary 06 Education for payment in fiscal year 2001 to the Alaska National Guard to pay the University 07 of Alaska for course credits for continuing educational benefits to members of the Alaska 08 National Guard. 09 * Sec. 35. TEST FISHERY RECEIPTS. The unexpended and unobligated amount of 10 commercial fisheries test fishing operations receipts (AS 37.05.146(b)(4)(U)) from the harvest 11 and sale of crab for the fiscal year ending June 30, 2000, is appropriated to the Department 12 of Fish and Game for operations of the shellfish onboard observer program in the division of 13 commercial fisheries management and development for the fiscal year ending June 30, 2001. 14 * Sec. 36. NONLAPSE OF APPROPRIATIONS. The appropriations made by secs. 3, 11, 15 14(a), 15, 16, 19, 23, 24, 29(c), 29(h), 29(i), and 34(a) of this Act are for the capitalization 16 of funds and do not lapse. 17 * Sec. 37. Except as otherwise provided in this Act, this Act takes effect July 1, 2000.