(a) The Alaska senior benefits payment program is established in the Department of Health and Social Services to provide cash benefits as far as practicable under appropriations provided by law.
(b) The department shall administer the program and adopt regulations under AS 44.62 (Administrative Procedure Act) to carry out the purposes of the program.
(c) If the department estimates that appropriations for the program are insufficient to meet the demands of the program in a fiscal year, the department may reduce or eliminate the cash benefit available to recipients.