HB 321 Summary

• Appropriates $23,863,900 in supplemental operating funds for fiscal year 2017-2018 to state agencies including Corrections ($18,289,100), Commerce/Community/Economic Development, Health and Social Services, and the Legislature.

• Reduces Alaska comprehensive health insurance fund reinsurance program appropriation from $55,000,000 to $30,000,000 and appropriates $8,125,000 from Volkswagen settlement funds to Alaska Energy Authority for mitigation actions.

• Appropriates $45,000,000 from general fund to Department of Health and Social Services for Medicaid services and $322,000 to Department of Law for judgment and settlement payments.

• Capitalizes disaster relief fund with $4,000,000 and community assistance fund with $30,000,000; transfers $23,918,200 to Alaska marine highway system fund.

• Ratifies prior departmental expenditures totaling approximately $14,852,194 from fiscal years 2010, 2011, 2013, and 2016 to reverse negative account balances; takes effect March 16, 2018.