An Act making appropriations for the operating and loan program expenses of state government and for certain programs; capitalizing funds; amending appropriations; making supplemental appropriations; making reappropriations; making appropriations under art. IX, sec. 17(c), Constitution of the State of Alaska, from the constitutional budget reserve fund; and providing for an effective date.

SB 56 is a budget bill allocating funds for Alaska's state government operations and programs for fiscal year 2026 (July 1, 2025-June 30, 2026). It provides specific funding amounts to state agencies like the Department of Administration, Finance, and Information Technology, including allowances for transferring up to $5 million within departments for facility operations and $500,000 between retirement funds. The bill directly affects state agencies by authorizing their spending from the general fund and constitutional budget reserve, incorporating unspent balances from previous years. It does not create new policies but formalizes existing financial allocations for state government functions.