Legislature(2015 - 2016)

2016-01-19 House Journal

Full Journal pdf

2016-01-19                     House Journal                      Page 1449
HB 256                                                                                                                        
HOUSE BILL NO. 256 by the House Rules Committee by request of                                                                   
the Governor, entitled:                                                                                                         
     "An Act making appropriations for the operating and loan                                                                   
     program expenses of state government and for certain programs,                                                             
     capitalizing funds, making reappropriations, making supplemental                                                           
     appropriations, and making appropriations under art. IX, sec.                                                              
     17(c), Constitution of the State of Alaska, from the constitutional                                                        
     budget reserve fund; and providing for an effective date."                                                                 
was read the first time and referred to the Finance Committee.                                                                  

2016-01-19                     House Journal                      Page 1450
The Governor's transmittal letter dated January 15, 2016, follows:                                                              
"Dear Speaker Chenault:                                                                                                         
Under the authority of Article III, Section 18 of the Alaska                                                                    
Constitution, I am transmitting a bill relating to the State's operating                                                        
budget for Fiscal Year 2017 (FY 2017).                                                                                          
The FY 2017 operating budget contains major components of the New                                                               
Sustainable Alaska Plan. The multi-year plan provides for a balanced                                                            
and long-term sustainable State budget by FY 2019. The FY 2017                                                                  
budget includes reductions in State spending for operating agencies,                                                            
appropriation language for implementing the Alaska Permanent Fund                                                               
Protection Act (APFPA), and debt financing for current and future                                                               
required pension payments.                                                                                                      
This year's State operating budget is $4,559.9 billion in unrestricted                                                          
general funds. Of that total, $3,997.9 billion is for agency operating                                                          
budgets, while the remaining is for debt, retirement, and oil and gas                                                           
tax credits. The proposed FY 2017 State funding for agencies has a net                                                          
reduction of $114 million from FY 2016 and over $500 million from                                                               
FY 2015 after key investments of $38.3 million for continued progress                                                           
on the gasline project and $1.3 million for the Department of Military                                                          
and Veterans Affairs' Rural Initiative.                                                                                         
My administration looks forward to working with the Legislature on a                                                            
FY 2017 budget and the New Sustainable Alaska Plan. The plan                                                                    
includes the FY 2017 operating and capital budgets, an oil and gas tax                                                          
credit reform bill, and several revenue bills. It is a comprehensive                                                            
package to reach a long-term sustainable budget. I respectfully request                                                         
full legislative deliberation on all provisions of the plan, and in turn, I                                                     
will fully consider alternatives to improve the plan and ensure a long-                                                         
term sustainable budget for Alaska.                                                                                             
I urge your prompt and favorable action on this measure.                                                                        
Bill Walker