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AK HB31

Bill

Status

Introduced

2/20/2019

Primary Sponsor

Jonathan Kreiss-Tomkins

Click for details

Origin

House of Representatives

31st Legislature

AI Summary

  • Appropriates $8,000,000,000 from the earnings reserve account to the principal of the Alaska permanent fund
  • The appropriation is sourced from AS 37.13.145 (earnings reserve account) and transfers funds to the Alaska constitutional permanent fund
  • The appropriation is designated for capitalization of a fund and does not lapse
  • The act takes effect immediately upon passage
  • Sponsored by Representatives Kreiss-Tomkins, Ortiz, and Spohnholz

Legislative Description

Approp: Earnings Reserve To Perm Fund

Public Finance

Last Action

REFERRED TO RULES

5/7/2019

Committee Referrals

Rules5/7/2019
State Affairs2/20/2019

Full Bill Text

No bill text available