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HB 263                                                                                                                        
HOUSE BILL NO. 263 by the House Rules Committee by request of                                                                   
the Governor, entitled:                                                                                                         
                                                                                                                                
     "An Act making appropriations for the operating and loan                                                                   
     program expenses of state government and for certain programs;                                                             
     capitalizing funds; amending appropriations; making                                                                        
     supplemental appropriations; making appropriations under art. IX,                                                          
     sec. 17(c), Constitution of the State of Alaska, from the                                                                  
     constitutional budget reserve fund; and providing for an effective                                                         
     date."                                                                                                                     
                                                                                                                                
was read the first time and referred to the Finance Committee.                                                                  
                                                                                                                                
The Governor's transmittal letter dated January 19 follows:                                                                     
                                                                                                                                
"Dear Speaker Edgmon:                                                                                                           
                                                                                                                                
Under the authority of Article III, Section 18 of the Alaska                                                                    
Constitution, I am transmitting a bill relating to appropriations for the                                                       
State’s operating expenses for Fiscal Year (FY) 2027.                                                                           
                                                                                                                                
This appropriation bill totals $14.3 billion and includes $7.4 billion in                                                       
unrestricted general funds, $1.0 billion in designated general funds,                                                           
$2.0 billion in other state funds, and $3.9 billion in federal funds.                                                           
                                                                                                                                
The FY 2027 budget continues important investments in public safety,                                                            
prioritizing educating our children, and strategically developing the                                                           

2026-01-23                     House Journal                      Page 1473
economy of our State. It also continues my commitment to providing a                                                            
full statutory dividend to our residents.                                                                                       
                                                                                                                                
I look forward to working with the Legislature on the timely passage                                                            
and implementation of the FY 2027 operating budget.                                                                             
                                                                                                                                
Sincerely,                                                                                                                      
/s/                                                                                                                             
Mike Dunleavy                                                                                                                   
Governor"