(a) The authority shall maintain records of power project allocations from the fund for each power project

Terms Used In Alaska Statutes 44.83.388

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
(1) approved in accordance with former Alaska Stat. § 44.83.185; and
(2) for which an allocation is made from an appropriation made by the legislature without specifying an appropriation to a project.
(b) Income earned from investment of money appropriated to the fund shall be deposited in the general fund and may be appropriated to the fund by the legislature.
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