SB254

What it does

• Requires each dividend stub to show income from deposits required by the Alaska Constitution.
• Lists amounts earned from appropriations to the fund and adjustments for inflation.
• Shows how much of a dividend was reduced due to program costs or hold harmless provisions.
• Includes a statement explaining that people convicted of felonies, or certain misdemeanors with prior convictions, are not eligible for dividends.
• Explains that funds from ineligible individuals support crime victim services, restitution, mental health treatment, and corrections costs.
• Shows the total amount that would have been paid to ineligible people if they had qualified in the previous fiscal year.
• Lists the five departments with the highest spending and their specific funding amounts for the current year.
• Displays total state revenue broken down by source, such as mineral leases and federal receipts.