Sec. 37.14.730. Use of fund.
(a) As soon as practicable after July 1 of each year, the commissioner of revenue shall determine the average month-end market value of the fund for the immediately preceding three fiscal years. The commissioner shall identify five percent of that amount as available for appropriation by the legislature for uses described in (b) of this […]
Sec. 37.14.740. Definition.
In AS 37.14.700 – 37.14.740, “fund” means the Alaska veterans’ memorial endowment fund established in AS 37.14.700.
Sec. 37.14.750. Alaska higher education investment fund established.
(a) The Alaska higher education investment fund is established as a separate fund in the state treasury for the purpose of making grants awarded under AS 14.43.400 – 14.43.420 by appropriation to the account established under AS 14.43.915(a), making scholarship payments to qualified postsecondary institutions for students under AS 14.43.810 – 14.43.849 by appropriation to […]
Sec. 37.14.800. Mine reclamation trust fund established.
(a) The mine reclamation trust fund is established as a separate trust fund of the state. The principal and earnings of the fund shall be held by the state for the purpose of protecting the public interest in reclaiming mine sites in the state. The fund is composed of the mine reclamation trust fund income […]
Sec. 37.14.810. Powers and duties of the commissioner of revenue.
The commissioner of revenue is a fiduciary to the fund. The commissioner shall manage both the mine reclamation trust fund income account and the mine reclamation trust fund operating account and shall invest their assets in accordance with AS 37.10.071.
Sec. 37.14.820. Use of the mine reclamation trust fund operating account.
(a) The commissioner of natural resources may make expenditures from the mine reclamation trust fund operating account for the following purposes: (1) reclamation of mining operations for which a payment or deposit has been made into the fund; (2) maintenance of dams and other permanent features related to a mining operation; (3) monitoring of site […]
Sec. 37.14.830. Regulations.
The commissioner of natural resources may adopt regulations necessary to carry out the purposes of AS 37.14.800 and 37.14.820 – 37.14.840.
Sec. 37.14.840. Definition.
Unless the context otherwise requires, in AS 37.14.800 – 37.14.840, “fund” means the mine reclamation trust fund established in AS 37.14.800.
Sec. 37.14.530. Use of fund.
(a) The principal of the fund and any capital gains or losses realized on the principal shall be retained perpetually in the fund for investment as specified in AS 37.14.520. (b) The net income account of the fund may be appropriated for the following purposes: (1) reimbursement to the Department of Revenue for the costs […]
Sec. 37.14.540. Definition.
In AS 37.14.500 – 37.14.540, “fund” means the Alaska heritage endowment fund established by AS 37.14.500.