Alaska 31st Legislature (2019-2020) Status: Passed House

HB 2003 — An Act making special appropriations for the payment of permanent fund dividends; and providing for an effective date.

Last action — (S) Minutes (SFIN)

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 31st Legislature (2019-2020). It reached “Passed House” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Bill Text

What changed in the latest version

4 added · 3 removed

Plain-language change summary

In the latest version of HB 2003, a new provision was added that appropriates an additional $1 billion from the earnings reserve account to the general fund for the fiscal year ending June 30, 2020. This change means that more funding is available for permanent fund dividends, which can benefit residents who rely on these payments. The bill also reaffirms that the appropriations for certain funds will not lapse, ensuring that the money can be used as intended without an expiration.

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Alaska State Legislature The Alaska State Legislature menu Home Senate Current Members Past Members By Session Alphabetical House Current Members Past Members By Session Alphabetical Bills & Laws Bills All Introduced Actions by Date Awaiting Actions Bills sent to Conf Committee Bills in Committee Governor's Vetoes Passed Legislation Prefile Bill Summary Requestor Summary Statistics Sponsor Summary Subject Summary Laws Constitution Constitutional Convention Files Statutes Executive Orders - Current Executive Orders - Historical Administrative Code Journals Session Laws & Resolves Session Laws & Resolves 2019 Session Laws & Resolves 2020 - Previous Year Session Law - Previous Year Legislative Resolves Tools Statute Information Retrieval System Bill Tracking Management Facility Past Legislatures (Archives) Committees Hearing Schedule Standing Committees Finance Committees Special Committees Joint Committees Conference Committees Other Committees Minutes Publications Get Started Information Offices Legislative Affairs Legislative Agencies Links Legislative Branch Executive Branch Judicial Branch Alaska Delegation Home Bill & Laws Bills HB 2003 Detail FullText txt HB 2003:
and providing for an effective date." CS FOR HOUSE BILL NO.
and providing for an effective date." HOUSE BILL NO.
2003(FIN) 01 "An Act making special appropriations for the payment of permanent fund dividends;
2003 01 "An Act making special appropriations for the payment of permanent fund dividends;
(a) The unexpended and unobligated balance 05 of the budget reserve fund (AS 37.05.540(a)), estimated to be $172,200,000, is appropriated 06 to the dividend fund (AS 43.23.045(a)) for the payment of permanent fund dividends and for 07 administrative and associated costs for the fiscal year ending June 30, 2020.
(a) The sum of $1,000,000,000 is 05 appropriated from the earnings reserve account (AS 37.13.145) to the general fund for the 06 fiscal year ending June 30, 2020.
08 (b) The sum of $901,470,000 is appropriated from the general fund to the dividend 09 fund (AS 43.23.045(a)) for the payment of permanent fund dividends and for administrative 10 and associated costs for the fiscal year ending June 30, 2020.
07 (b) The unexpended and unobligated balance of the budget reserve fund 08 (AS 37.05.540(a)), estimated to be $172,200,000, is appropriated to the dividend fund 09 (AS 43.23.045(a)) for the payment of permanent fund dividends and for administrative and 10 associated costs for the fiscal year ending June 30, 2020.
11 * Sec.
11 (c) The sum of $901,470,000 is appropriated from the general fund to the dividend 12 fund (AS 43.23.045(a)) for the payment of permanent fund dividends and for administrative 13 and associated costs for the fiscal year ending June 30, 2020.
14 * Sec.
The appropriations made in sec.
The appropriations made in secs.
1 of this Act are for the capitalization of a 12 fund and do not lapse.
1(b) and (c) of this Act are for the capitalization of a fund and do not lapse.
13 * Sec.
02 * Sec.
14 * Sec.
03 * Sec.
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Action History

  1. (S) Minutes (SFIN)

  2. (S) Heard & Held

  3. (S) FINANCE at 11:00 AM SENATE FINANCE 532

  4. (S) Referred to FINANCE

  5. (S) FIN

  6. (S) Read the first time - REFERRALS

  7. (H) VERSION: CSHB 2003(FIN)

  8. (H) TRANSMITTED TO (S)

  9. (H) EFFECTIVE DATE(S) ADOPTED Y27 N7 E6

  10. (H) PASSED Y22 N12 E6

  11. (H) Read the third time CSHB 2003(FIN)

  12. (H) Minutes (HFIN)

  13. (H) Moved CSHB 2003(FIN) Out of Committee -- Recessed from 7/24/19 --

  14. (H) FINANCE at 09:00 AM ADAMS ROOM 519

  15. (H) ADVANCED TO THIRD READING 7/26 CALENDAR

  16. (H) AM NO 1 FAILED Y10 N20 E10

  17. (H) FIN CS ADOPTED UC

  18. (H) Read the second time

  19. (H) RULES TO CALENDAR 7/25/2019

  20. (H) AM: TILTON

  21. (H) DNP: SULLIVAN-LEONARD

  22. (H) DP: ORTIZ, LEBON, KNOPP, JOSEPHSON, WOOL, JOHNSTON, FOSTER

  23. (H) FIN RPT CS(FIN) 7DP 1DNP 1AM

  24. (H) Minutes (HFIN)

  25. (H) Heard & Held -- Recessed to 7/25/19 at 9:00 a.m. --

  26. (H) FINANCE at 05:15 PM ADAMS ROOM 519

  27. (H) FIN WAIVED PUBLIC HEARING NOTICE, RULE 23(A) Y21 N10 E9

  28. (H) FIN

  29. (H) Read the first time - REFERRALS

Sponsors

  • HOUSE RULES · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 64 not signed on

Sponsors (1)

  • HOUSE RULES

Co-sponsors (0)

None.

Not signed on (64)

64 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Subjects

finance
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Frequently asked questions

Who sponsors HB 2003?
HB 2003 is sponsored by HOUSE RULES.
What is the current status of HB 2003?
This bill died with 31st Legislature (2019-2020). It reached “Passed House” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 2003?
Track HB 2003 free on One Click Politics — get push/email alerts when it moves.

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