00                           SENATE BILL NO. 2001                                                                         
01 "An Act making special appropriations for the payment of permanent fund dividends;                                      
02 and providing for an effective date."                                                                                   
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
04    * Section 1. ALASKA PERMANENT FUND. (a) The sum of $1,000,000,000 is                                               
05 appropriated from the earnings reserve account (AS 37.13.145) to the general fund for the                               
06 fiscal year ending June 30, 2020.                                                                                       
07       (b)  The sum of $1,000,000,000 is appropriated from the general fund to the dividend                              
08 fund (AS 43.23.045(a)) for the payment of permanent fund dividends and for administrative                               
09 and associated costs for the fiscal year ending June 30, 2020.                                                          
10    * Sec. 2. LAPSE. The appropriation made in sec. 1(b) of this Act is for the capitalization of                      
11 a fund and does not lapse.                                                                                              
12    * Sec. 3. This Act takes effect immediately under AS 01.10.070(c).