Each year, the legislature may appropriate not more than five percent of the amount determined by the commissioner of revenue under AS 37.14.160(5) for the following purposes:
(1) funding support of the state public school program; and
(2) reimbursement of the costs of administration of the fund.
Structure Alaska Statutes
Article 2. Public School Trust Fund.
Sec. 37.14.110. Public school trust fund established.
Sec. 37.14.120. Public School Fund Advisory Board created.
Sec. 37.14.130. Powers and duties of board.
Sec. 37.14.150. Contributions.
Sec. 37.14.160. Duties of the commissioner of revenue.