HB 355: "An Act making special appropriations from the earnings reserve account for the payment of permanent fund dividends; and providing for an effective date."
00 HOUSE BILL NO. 355 01 "An Act making special appropriations from the earnings reserve account for the 02 payment of permanent fund dividends; 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 $1,772,000,000 is 05 appropriated from the earnings reserve account (AS 37.13.145) to the dividend fund 06 (AS 43.23.045(a)) for payment of supplemental 2021 permanent fund dividends to eligible 07 individuals who received a 2021 permanent fund dividend and for administrative and 08 associated costs for the fiscal year ending June 30, 2023. 09 (b) The sum of $1,226,000,000 is appropriated from the earnings reserve account 10 (AS 37.13.145) to the dividend fund (AS 43.23.045(a)) for payment of supplemental 2020 11 permanent fund dividends to eligible individuals who received a 2020 permanent fund 12 dividend and for administrative and associated costs for the fiscal year ending June 30, 2023. 13 (c) The sum of $816,000,000 is appropriated from the earnings reserve account 14 (AS 37.13.145) to the dividend fund (AS 43.23.045(a)) for payment of supplemental 2019
01 permanent fund dividends to eligible individuals who received a 2019 permanent fund 02 dividend and for administrative and associated costs for the fiscal year ending June 30, 2023. 03 (d) The sum of $884,000,000 is appropriated from the earnings reserve account 04 (AS 37.13.145) to the dividend fund (AS 43.23.045(a)) for payment of supplemental 2018 05 permanent fund dividends to eligible individuals who received a 2018 permanent fund 06 dividend and for administrative and associated costs for the fiscal year ending June 30, 2023. 07 (e) The sum of $826,000,000 is appropriated from the earnings reserve account 08 (AS 37.13.145) to the dividend fund (AS 43.23.045(a)) for payment of supplemental 2017 09 permanent fund dividends to eligible individuals who received a 2017 permanent fund 10 dividend and for administrative and associated costs for the fiscal year ending June 30, 2023. 11 (f) The sum of $683,000,000 is appropriated from the earnings reserve account 12 (AS 37.13.145) to the dividend fund (AS 43.23.045(a)) for payment of supplemental 2016 13 permanent fund dividends to eligible individuals who received a 2016 permanent fund 14 dividend and for administrative and associated costs for the fiscal year ending June 30, 2023. 15 * Sec. 2. CONTINGENCIES. (a) The appropriation made in sec. 1(a) of this Act is 16 contingent on passage by the Thirty-Second Alaska State Legislature and enactment into law 17 of a bill directing the commissioner of revenue to include supplemental payments for the 2021 18 permanent fund dividend with the 2022 permanent fund dividend payments to eligible 19 individuals. 20 (b) The appropriation made in sec. 1(b) of this Act is contingent on passage by the 21 Thirty-Second Alaska State Legislature and enactment into law of a bill directing the 22 commissioner of revenue to include supplemental payments for the 2020 permanent fund 23 dividend with the 2022 permanent fund dividend payments to eligible individuals. 24 (c) The appropriation made in sec. 1(c) of this Act is contingent on passage by the 25 Thirty-Second Alaska State Legislature and enactment into law of a bill directing the 26 commissioner of revenue to include supplemental payments for the 2019 permanent fund 27 dividend with the 2022 permanent fund dividend payments to eligible individuals. 28 (d) The appropriation made in sec. 1(d) of this Act is contingent on passage by the 29 Thirty-Second Alaska State Legislature and enactment into law of a bill directing the 30 commissioner of revenue to include supplemental payments for the 2018 permanent fund 31 dividend with the 2022 permanent fund dividend payments to eligible individuals.
01 (e) The appropriation made in sec. 1(e) of this Act is contingent on passage by the 02 Thirty-Second Alaska State Legislature and enactment into law of a bill directing the 03 commissioner of revenue to include supplemental payments for the 2017 permanent fund 04 dividend with the 2022 permanent fund dividend payments to eligible individuals. 05 (f) The appropriation made in sec. 1(f) of this Act is contingent on passage by the 06 Thirty-Second Alaska State Legislature and enactment into law of a bill directing the 07 commissioner of revenue to include supplemental payments for the 2016 permanent fund 08 dividend with the 2022 permanent fund dividend payments to eligible individuals. 09 * Sec. 3. This Act takes effect immediately under AS 01.10.070(c).