HB 56: "An Act making supplemental appropriations; making appropriations to capitalize funds; and providing for an effective date."
00 HOUSE BILL NO. 56 01 "An Act making supplemental appropriations; making appropriations to capitalize 02 funds; and providing for an effective date." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. ALASKA INDUSTRIAL DEVELOPMENT AND EXPORT AUTHORITY. 05 The sum of $50,000,000 is appropriated from the general fund to the Alaska Industrial 06 Development and Export Authority for the reimbursement of the Alaska Liquified Natural 07 Gas pipeline project front-end engineering and design expenditures for the fiscal years ending 08 June 30, 2025, June 30, 2026, and June 30, 2027. 09 * Sec. 2. SUPPLEMENTAL FUND CAPITALIZATION. The sum of $15,000,000 is 10 appropriated from the general fund to the disaster relief fund (AS 26.23.300(a)). 11 * Sec. 3. LAPSE OF APPROPRIATIONS. (a) The unexpended balance of the appropriation 12 made in sec. 1 of this Act lapses into the general fund on June 30, 2027. 13 (b) The appropriation made in sec. 2 of this Act is for the capitalization of a fund and 14 does not lapse.
01 * Sec. 4. RETROACTIVITY. If this Act takes effect after June 30, 2025, this Act is 02 retroactive to July 1, 2024. 03 * Sec. 5. This Act takes effect immediately under AS 01.10.070(c).