Bill

Pfd Contributions To General Fund And Pf

HB11Finance and Financial SectorFiled

An Act relating to contributions and donations from permanent fund dividends.

Filed
In Committee
Passed Chamber
Final Approval

This bill, HB11, aims to make changes to how contributions and donations from permanent fund dividends are handled. It specifically looks at the contributions to both the general fund and other permanent funds. The bill was introduced on January 22, 2025, and has since been referred to the Finance committee.

The bill affects anyone who receives permanent fund dividends and how these dividends can be used for contributions to the state’s general fund and other permanent funds. It could impact state budgeting and financial planning for these funds. The bill has received multiple co-sponsors from both Republican and Democrat parties, indicating a bipartisan effort.

As of the last update on May 16, 2025, the bill has passed a report and was referred back to the House Finance committee. Key actions include the introduction, referral to committee, and amendments being considered. The bill's progress shows ongoing discussions and revisions to ensure it meets the legislative standards.