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AK HB66

Bill

Official Source

Status

Introduced

1/20/2017

Primary Sponsor

George Rauscher

Click for details

Origin

House of Representatives

30th Legislature

AI Summary

  • Appropriates $683,234,813 from the Alaska Permanent Fund earnings reserve account to the dividend fund for supplemental 2016 permanent fund dividend payments.

  • Distributes supplemental 2016 dividends only to eligible individuals who already received a 2016 permanent fund dividend.

  • Appropriation is contingent on passage and enactment of separate legislation directing the revenue commissioner to pay the supplemental 2016 permanent fund dividend.

  • Funds come entirely from other funds (not general fund), with zero general fund impact.

  • Takes effect immediately upon enactment.

Legislative Description

Approp: 2016 Pfd Supplemental Payment

Public Finance

Last Action

COSPONSOR(S): WILSON, REINBOLD

3/3/2017

Committee Referrals

State Affairs1/20/2017

Full Bill Text

No bill text available