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AK SB186
Bill
AI Summary
SB 186 Summary
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Makes operating budget appropriations of $8.198 billion for fiscal year 2025 (July 1, 2024 - June 30, 2025) from general fund and other specified funding sources to state agencies.
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Includes supplemental appropriations for specific programs: $825,000 for Office of Public Advocacy case backlogs, $750,000 for Public Defender Agency case backlogs, $3 million for food banks/pantries, and $8.829 million for SNAP application processing.
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Appropriates $2.87 billion to education funding including $1.145 billion to public education fund, Medicaid services funding of $2.43 billion, and operating budgets for all major state departments.
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Provides $59.149 million for public employees' retirement system, $123.358 million for teachers' retirement system, and $2.41 million for judicial retirement system contributions.
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Includes provisions for budget reserve fund usage if unrestricted state revenue is insufficient, permanent fund dividend distributions, and various fund capitalizations; takes effect July 1, 2024 (with limited sections effective June 30, 2024 and January 1, 2025).
Legislative Description
Approp: Operating Budget; Cap; Supp; Am
Education
Last Action
REFERRED TO FINANCE
1/16/2024