The Alaska Mental Health Trust Authority [AMHTA] proposes to adopt changes in Title 20 of the Alaska Administrative Code dealing with the allocation of revenues earned by the Trust Land Office between AMHTA principal and income.
20 AAC 40.610 is proposed to be changed as follows: Under the section governing allocations to principal, “revenues” allocated to principal are the “net proceeds” after returning development costs and interest to income, as well as defining “net proceeds”, “development costs”, and “trust land.”
You may comment on the proposed regulation changes, including the potential costs to private persons of complying with the proposed changes, by submitting written comments to Valette Keller at 3745 Community Park Loop, Suite 200, Anchorage, AK 99508 or valette.keller@alaska.gov. The comments must be received not later than 5:00 pm on July 31, 2020.
You may submit written questions relevant to the proposed action to Valette Keller, at 3745 Community Park Loop, Suite 200, Anchorage, AK 99508 or valette.keller@alaska.gov. The questions must be received at least 10 days before the end of the public comment period. The Alaska Mental Health Trust Authority will aggregate its response to substantially similar questions and make the questions and responses available on the Alaska Online Public Notice System and at alaskamentalhealthtrust.org.
If you are a person with a disability who needs a special accommodation to participate in this process, please contact Valette Keller at valette.keller@alaska.gov not later than July 21, 2020 to ensure that any necessary accommodation can be provided.
A copy of the proposed regulation changes is available on the Alaska Online Public Notice System and by contacting Valette Keller at valette.keller@alaska.gov or 907-269-6039.
After the public comment period ends, the Alaska Mental Health Trust Authority will either adopt the proposed regulation changes or other provisions dealing with the same subject without further notice, or decide to take no action. The language of the final regulation may be different from that of the proposed regulation. You should comment during the time allowed if your interests could be affected. Written comments received are public records and are subject to public inspection.
Statutory authority: AS 37.14.031; AS 47.30.031
Statutes being implemented, interpreted, or made specific: AS 37.14.031; AS 47.30.031
Fiscal information: The proposed regulation changes are not expected to require an increased appropriation.
Date: July 1, 2020
/s/ Valette Keller, Administrative Manager
Alaska Mental Health Trust Authority