AK SB52

Appropriates $2,023,947,000 from the Alaska Permanent Fund earnings reserve account to the dividend fund for fiscal year ending June 30, 2022.

Funds are designated for payment of permanent fund dividends and associated administrative costs.

Transfer is authorized under AS 37.13.145(b) on June 30, 2021.

Appropriation is non-lapsing as it capitalizes a fund.

Effective date is July 1, 2021.