(a) The power cost equalization endowment fund is established as a separate fund of the authority. The fund consists of
(1) legislative appropriations to the fund that are not designated for annual expenditure for the purpose of power cost equalization;
(2) accumulated earnings of the fund;
(3) gifts, bequests, contributions of money and other assets, and federal money given to the fund that are not designated for annual expenditure for power cost equalization; and
(4) [Repealed, § 13 ch 60 SLA 2000.]
(b) Nothing in this section creates a dedicated fund.
(c) [Repealed, § 13 ch 60 SLA 2000.]
Structure Alaska Statutes
Title 42. Public Utilities and Carriers and Energy Programs
Chapter 45. Rural and Statewide Energy Programs
Article 2. Power Cost Equalization Endowment Fund.
Sec. 42.45.070. Power cost equalization endowment fund established.
Sec. 42.45.080. Powers and duties of the commissioner of revenue.
Sec. 42.45.085. Use of the power cost equalization endowment fund.