Bill > HB85

This bill is a comprehensive supplemental appropriations act for the fiscal year 2025 that allocates funding across multiple state departments and agencies. The bill provides operating and capital expenditures totaling approximately $380 million for operating expenses and nearly $80 million for capital projects, with funding sources including federal receipts, general fund allocations, and various state-specific funds. Key appropriations include $228.6 million for Medicaid services, $133 million for the University of Alaska system, $4.1 million for the Department of Corrections, and $40 million in grants for orphaned well performance and formula programs through the Alaska Oil and Gas Conservation Commission. The bill also includes provisions for specific legal and financial matters, such as $4 million for ongoing litigation, debt service payments for state bonds, and fund capitalizations. Additionally, the bill extends certain federal receipt appropriations for housing and public health programs through fiscal year 2026, and includes a provision that makes the act retroactive to July 1, 2024, if it takes effect after June 30, 2025. The funding sources are diverse, including unrestricted general funds, designated funds, federal receipts, and various agency-specific revenue streams.

Budget and Finance

Rules (H)

https://www.akleg.gov/basis/Bill/Detail/34?Root=HB85