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Enrolled SB 150: Relating to the Alaska children's trust grant awards.

00 Enrolled SB 150                                                                                                         
01 Relating to the Alaska children's trust grant awards.                                                                   
02                           _______________                                                                               
03    * Section 1.  AS 37.14.250(a) is amended to read:                                                                  
04            (a)  In awarding grants from the net income of the trust, the board shall                                    
05       consider the proposals of a qualified applicant only after the applicant has submitted a                          
06       detailed proposal in the form prescribed by the board.  The board may not award a                                 
07       grant unless the board makes written findings that                                                                
08                 (1)  the proposed project, if successful, will help prevent child abuse or                              
09       neglect;                                                                                                          
10                 (2)  the application for financial assistance contains an adequate plan                                 
11       for project implementation, including both financial feasibility and project                                      
12       effectiveness;                                                                                                    
13                 (3)  the applicant demonstrates that sufficient technical expertise is                                  
14       available to accomplish the objectives of the proposed program or project; [AND]                                  
15                 (4)  the applicant has identified costs associated with and ancillary to                                
01       the project, additional governmental costs, future obligations generated by the                                   
02       program or project, and necessary operating, maintenance, or other support costs for                              
03       the life of the program or project; and                                                                       
04                 (5)  the applicant has included in the program or project proposal a                                
05       plan for sustainability and self-sufficiency after the grant period.                                          
06    * Sec. 2.  AS 37.14.250(d) is repealed and reenacted to read:                                                      
07            (d)  The board may not award grants to a single project or program for more                                  
08       than four years.  The grant amount awarded by the board under this section may not                                
09       exceed the following amounts for the years specified:                                                             
10                 (1)  for the first year for which the program or project receives a grant,                              
11       75 percent of the first-year costs of the program or project;                                                     
12                 (2)  for the second year of the project or program, 50 percent of the                                   
13       project's or program's first-year costs; and                                                                      
14                 (3)  for the third and fourth years of the project or program, 25 percent                               
15       of the project's or program's first-year costs.                                                                   
16    * Sec. 3.  AS 37.14.250 is amended by adding a new subsection to read:                                             
17            (g)  The board may reduce or discontinue a grant awarded or distributed under                                
18       this section at any time during the grant period if the project is not being successful in                        
19       accomplishing its objectives, as determined by the board.