Alaska SB223 limits annual appropriations to not exceed the previous fiscal year's amount by more than one percent.

Alaska SB223 modifies the appropriation limit for state funds, stipulating that appropriations in a fiscal year cannot exceed the previous fiscal year's amount by more than one percent. This applies to appropriations from the treasury, excluding certain funds like the permanent fund, budget reserve fund, and specific trust funds. The bill takes effect July 1, 2027.

Alaska SB223 limits annual appropriations to not exceed the previous fiscal year's amount by more than one percent.

Alaska SB223 modifies the appropriation limit for state funds, stipulating that appropriations in a fiscal year cannot exceed the previous fiscal year's amount by more than one percent. This applies to appropriations from the treasury, excluding certain funds like the permanent fund, budget reserve fund, and specific trust funds. The bill takes effect July 1, 2027.