HB 299 Summary

• Makes supplemental operating appropriations of $151.7 million and capital appropriations of $50.9 million for fiscal year 2024 (July 1, 2023 - June 30, 2024) to various state agencies including corrections, health, natural resources, transportation, and public safety.

• Extends appropriations for Alaska Housing Finance Corporation ($127 million for rental relief and housing programs through June 30, 2025) and multiple Department of Health federal funding programs for COVID-19 testing, vaccination, child care, and mental health through fiscal years 2025-2028.

• Appropriates $29.8 million to University of Alaska for COVID-19 economic recovery including drone program ($10 million), critical minerals research ($7.8 million), heavy oil recovery research ($5 million), and mariculture research ($7 million).

• Provides $889,000 to Department of Law for state judgments and settlements, $375,000 to Department of Administration for elected public officers' retirement benefits, and reappropriates $344,978 to Department of Transportation for emergency weather and maintenance needs.

• Takes effect immediately and is retroactive to July 1, 2023 if enacted after June 30, 2024.