00                     CS FOR SENATE BILL NO. 246(CRA)                                                                    
01 "An Act making a special appropriation from the Alaska capital income fund to the                                       
02 revenue sharing fund and a special appropriation from the general fund to the                                           
03 municipal public employees' retirement system underfunded liability relief account; and                                 
04 providing for an effective date."                                                                                       
05 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
06    * Section 1. ALASKA CAPITAL INCOME FUND. The sum of $28,000,000 is                                                 
07 appropriated from the Alaska capital income fund (AS 37.05.565) to the revenue sharing fund                             
08 (AS 29.60.800).                                                                                                         
09    * Sec. 2. GENERAL FUND. The sum of $29,300,000 is appropriated from the general fund                               
10 to the municipal public employees' retirement system underfunded liability relief account.                            
11    * Sec. 3. CONTINGENT EFFECT. This Act takes effect only if a bill relating to the                                  
12 revenue sharing program and establishing the revenue sharing fund and establishing the                                  
13 municipal public employees' retirement system underfunded liability relief account is enacted                           
14 by the Twenty-Fourth Alaska Legislature and becomes law.                                                                

01    * Sec. 4. If this Act takes effect under sec. 3 of this Act, it takes effect on the later of the                   
02 effective date of the Act described in sec. 3 of this Act or July 1, 2006.