Signed by Governor Michael Dunleavy

Vote Smart's Synopsis:

Vote to pass a bill that appropriates funding for the Alaska state capitol budget.

Highlights:

• Appropriates $2.9 billion from the Alaska General Fund and other funds in FY 2025-2026, including for the following purposes (Sec. 1-3):

• $86.4 million to the Alaska Department of Commerce, Community, and Economic Development for the Alaska Energy Authority;

• $38.1 million to the Alaska Department of Education and Early Development for the Major Maintenance Grant Fund;

• $31.5 million to the Alaska Department of Environmental Conservation for the Clean Water and Drinking Water Capitalization Grants;

• $437.9 million to the Alaska Department of Environmental Conservation for village safe water and wastewater infrastructure projects;

• $37.8 million to the Alaska Department of Environmental Conservation for the Water Infrastructure Improvements for the Nation Act (WIIN) grants;

• $20 million to the Office of the Governor for statewide deferred maintenance, renovation, and repair;

• $14.1 million to the Alaska Department of Health for the provider services module for the Alaska Medicaid Program;

• $14.8 million to the Alaska Department of Military and Veterans Affairs for state homeland security grant programs;

• $12 million to the Alaska Department of Natural Resources for cooperative forestry and fire programs;

• $49.4 million to the Alaska Department of Revenue for the Alaska Housing Finance Corporation;

• $26.4 million to the Alaska Department of Transportation and Public Facilities for marine highway system vessel overhaul, annual certification, and shoreside facilities rehabilitation;

• $18.2 million to the Alaska Department of Transportation and Public Facilities for west coast resiliency projects;

• $39 million to the Alaska Department of Transportation and Public Facilities for state equipment fleet replacement;

• $10 million to the Alaska Department of Transportation and Public Facilities for the Ted Stevens Anchorage International 10MW solar array;

• $77.7 million to the Alaska Department of Transportation and Public Facilities for federal matching programs;

• $62.8 million to the Alaska Department of Transportation and Public Facilities for state matching programs; 

• $513.6 million to the Alaska Department of Transportation and Public Facilities for the Airport Improvement Program;

• $1.06 billion to the Alaska Department of Transportation and Public Facilities for the Surface Transportation Program;

• $139 million to the Alaska Department of Transportation and Public Facilities for rural ferry grants; and

• $100.75 million to the University of Alaska;

• Appropriates $78 million from the Alaska General Fund and other funds in FY 2025-2026 for the following purposes, including $66.9 million to the Alaska Department of Commerce, Community and Economic Development for the Alaska Oil and Gas Conservation Commission (Sec. 4-5).

• Establishes maximum account balances and authorizes the appropriation of excess and other revenues and funds (Sec. 9-23).

• Specifies that specific provisions shall take effect contingent upon the passage of specific legislation and fulfillment of other conditions (Sec. 25).

Full Bill Text