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SB 37 requires Alaska executive branch agencies to include specific details in their budget submissions, such as lists of reimbursable services agreements, descriptions of those services, and the entities involved. It mandates that agencies develop mission statements and performance plans outlining desired results, which must align with efficient resource use. The bill also requires agencies to report semi-annually on performance metrics to the legislature for transparency. These changes apply directly to state agencies preparing budgets under Alaska Statutes 37.07.085 and 37.07.010, aiming to improve accountability in budget management.