HB 68 Summary

• Makes supplemental operating appropriations totaling $13,447,100 for fiscal year 2021, including $13.5 million for Permanent Fund Dividend Hold Harmless, $858,800 for Education and Early Development, and funding adjustments for Labor and Workforce Development and University of Alaska.

• Appropriates $53,362,500 in capital projects and grants, with major funding for fish and game programs ($21.2 million), statewide deferred maintenance ($5.9 million), and election security ($3 million).

• Appropriates $1,225,518,055 from the Alaska Permanent Fund earnings reserve account for payment of remaining 2020 permanent fund dividends to eligible recipients.

• Allocates $4 million to the Department of Law civil division for defense of natural resource rights and land management across fiscal years 2021-2025.

• Takes effect immediately and is retroactive to June 30, 2021 if enacted after that date; includes salary and benefit adjustments for state employees and collective bargaining agreement implementation.