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SB 355: "An Act establishing an account in the general fund to receive general gifts, donations, and bequests to the State of Alaska."

00 SENATE BILL NO. 355 01 "An Act establishing an account in the general fund to receive general gifts, donations, 02 and bequests to the State of Alaska." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. The uncodified law of the State of Alaska is amended by adding a new section 05 to read: 06 PURPOSE AND INTENT. Many Alaskans have requested that the legislature enact 07 taxes or otherwise increase state revenues in order to maintain state government services. The 08 let me help account is intended to encourage voluntary efforts by Alaskans to support state 09 government services. 10 * Sec. 2. AS 37.05 is amended by adding a new section to read: 11 Sec. 37.05.505. Let me help account. The let me help account is established 12 in the general fund. Gifts, grants, and bequests made to the state for the general 13 operation of state government or for which no specific purpose is stated shall be 14 deposited into the account. The balance of the account is available for appropriation

01 by the legislature. The balance of the account at the end of each fiscal year shall be 02 transferred out of the account to the general fund.