Alaska Statutes
Alaska Stat. § 23.35.060 (2026)
Creation and administration of fishermen's fund
✓ current as of July 2026
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Sec. 23.35.060. Creation and administration of fishermen's fund.
(a) There is created a fund, designated as the “fishermen's fund.” The Department of Revenue is the custodian of the fund, and the Department of Labor and Workforce Development shall administer it. The fund shall be composed of
(1) 39 percent of the money derived by the state from all commercial fishermen's licenses, not to exceed a maximum of $50 for each license holder for each year; and
(2) money appropriated to carry out the purpose of this chapter.
(b) The legislature may appropriate up to 50 percent of the interest income earned by the state on the balance of the fishermen's fund for a grant for statewide marine safety training and education programs.
(a) There is created a fund, designated as the “fishermen's fund.” The Department of Revenue is the custodian of the fund, and the Department of Labor and Workforce Development shall administer it. The fund shall be composed of
(1) 39 percent of the money derived by the state from all commercial fishermen's licenses, not to exceed a maximum of $50 for each license holder for each year; and
(2) money appropriated to carry out the purpose of this chapter.
(b) The legislature may appropriate up to 50 percent of the interest income earned by the state on the balance of the fishermen's fund for a grant for statewide marine safety training and education programs.
Notes of Decisions
Cited in 2
cases, 1977–1994 · leading case: Thomas v. Rosen, 569 P.2d 793 (Alaska 1977).
Thomas v. Rosen, 569 P.2d 793 (Alaska 1977). “130); (6) fishermen's fund (AS 23.35.060). (b) There shall be created in the general fund for each of the funds designated in (a) of this section a reserve equal to the excess of revenues received by each fund over expenditures made from that fund.”
Hickel v. Cowper, 874 P.2d 922 (Alaska 1994). “040); (M) fishermen's fund (AS 23.35.060); (N) FICA administration fund (AS 39.”
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