00 Enrolled SB 150
01 Relating to the Alaska children's trust grant awards.
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
10 (2) the application for financial assistance contains an adequate plan
11 for project implementation, including both financial feasibility and project
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 AS 37.14.250(d) is repealed and reenacted to read: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.