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AK SB84
Bill
AI Summary
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Appropriates $380.1 million in supplemental operating funds for FY2025, including $228.6 million for Medicaid Services, $133 million for University of Alaska, and $4.1 million for Department of Corrections population management
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Provides $79.6 million in capital appropriations, primarily $65 million in federal funds for Alaska Oil and Gas Conservation Commission orphaned well grants and $6.5 million for Alaska Marine Highway System vessel overhaul
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Extends Alaska Housing Finance Corporation's authority to receive federal rental relief and housing program funds (estimated $131 million) through June 30, 2026
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Appropriates $4 million to the Department of Law for ongoing litigation by A Better Childhood Inc. through FY2027, plus $2.76 million for paying state judgments and settlements
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Amends debt service appropriations to add payments for series 2024A ($3.6 million) and 2024B ($1.9 million) general obligation bonds, and reappropriates $3 million in unspent earthquake relief funds to the disaster relief fund
Legislative Description
Approp: Supplemental
Education
Last Action
REFERRED TO FINANCE
2/5/2025