Legislature(2019 - 2020)
2019-04-12 Senate Journal
Full Journal pdf2019-04-12 Senate Journal Page 0799 SB 110 SENATE BILL NO. 110 BY THE SENATE RULES COMMITTEE BY REQUEST OF THE GOVERNOR, entitled: "An Act relating to the community assistance fund and to community assistance; repealing the civil legal services fund, power cost equalization endowment fund, power cost equalization and rural electric capitalization fund, curriculum improvement and best practices fund, and Alaska higher education investment fund; disposing of proceeds; and providing for an effective date." was read the first time and referred to the Community and Regional Affairs and Finance Committees. The following fiscal information was published today: Fiscal Note No. 1, Department of Commerce, Community, and Economic Development Fiscal Note No. 2, Department of Commerce, Community, and Economic Development 2019-04-12 Senate Journal Page 0800 Fiscal Note No. 3, Department of Education and Early Development Fiscal Note No. 4, Department of Education and Early Development Fiscal Note No. 5, Department of Education and Early Development Fiscal Note No. 6, Department of Revenue Fiscal Note No. 7, Office of the Governor Fiscal Note No. 8, Office of the Governor Fiscal Note No. 9, Office of the Governor Governor's transmittal letter dated April 11: Dear President Giessel: Under the authority of Article III, Section 18, of the Alaska Constitution, I am transmitting a bill repealing multiple funds in the state's general fund. This bill would repeal various funds in the general fund, specifically, the civil legal services fund, the power cost equalization endowment fund, the power cost equalization and rural electric capitalization fund, the curriculum improvement and best practices fund, and the Alaska higher education investment fund. The community assistance fund statute would be repealed and reenacted to remove the fund designation, but still allow legislative appropriations for community assistance. Next, the bill would provide for funds received by gift, bequest, or donation to be returned to the original donors, while the remainder of the fund balances would be deposited into the general fund on the bill’s effective date of July 1, 2019. The proliferation of designated funds over the years causes complexities in budgeting, and failure to apply a fresh look at state spending. Removing these funds will contribute to a more transparent annual budget analysis. I urge your prompt and favorable action on this measure. Sincerely, /s/ Michael J. Dunleavy Governor