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AK HB31
Bill
Status
Introduced
2/20/2019
Primary Sponsor
Jonathan Kreiss-Tomkins
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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