00 HOUSE BILL NO. 535                                                                                                      
01 "An Act making appropriations for capital project matching grant funds and for                                          
02 capital projects; and providing for an effective date."                                                                 
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
04    * Section 1.  Federal or other program receipts as defined under AS 37.05.146 that exceed                            
05 the amount appropriated by sec. 8 of this Act are appropriated conditioned upon compliance                              
06 with the program review provisions of AS 37.07.080(h).                                                                  
07    * Sec. 2.  The sum of $18,325,000 is appropriated from the general fund to the municipal                             
08 capital project matching grant fund (AS 37.06.010(b)) in the Department of Administration                               
09 to provide grants to municipalities under the municipal capital project matching grant program.                         
10    * Sec. 3.  The sum of $1,675,000 is appropriated from the general fund to the                                        
11 unincorporated community capital project matching grant fund (AS 37.06.020(b)) in the                                   
12 Department of Community and Regional Affairs to provide grants to unincorporated                                        
13 communities under the unincorporated community capital project matching grant program.                                  
14    * Sec. 4.  (a)  An amount equal to the sum of the balances of the individual grant accounts                          
01 established under AS 37.06.010 as of close of business on June 30, 1994 multiplied by the                               
02 average percentage rate at which interest is received by other accounts in the state's general                          
03 investment fund that receive interest during fiscal year 1994, is appropriated from the general                         
04 fund to the municipal capital project matching grant fund (AS 37.06.010).                                               
05  (b)  The appropriation made by (a) of this section is allocated pro rata to the individual                             
06 grant accounts established under AS 37.06.010 according to the portion of the sum of the                                
07 balances of those individual grant accounts as of close of business on June 30, 1994 that is                            
08 attributable to each individual grant account.                                                                          
09    * Sec. 5.  (a)  An amount equal to the sum of the balances of the individual grant accounts                          
10 established under AS 37.06.020 as of close of business on June 30, 1994 multiplied by the                               
11 average percentage rate at which interest is received by other accounts in the state's general                          
12 investment fund that receive interest during fiscal year 1994, is appropriated from the general                         
13 fund to the unincorporated community capital project matching grant fund (AS 37.06.020).                                
14  (b)  The appropriation made by (a) of this section is allocated pro rata to the individual                             
15 grant accounts established under AS 37.06.020 according to the portion of the sum of the                                
16 balances of those individual grant accounts as of close of business on June 30, 1994 that is                            
17 attributable to each individual grant account.                                                                          
18    * Sec. 6.  (a)  Subject to the condition set out in (b) of this section, an amount not to                            
19 exceed the unexpended matching balances of the appropriations set out in the Office of                                  
20 Management and Budget Capital Authorization Status Report as of May 1, 1994 for highway                                 
21 planning, design, construction, and related activities, is appropriated from the sources of those                       
22 appropriations to the Department of Transportation and Public Facilities for the purpose of                             
23 highway planning, design, construction, and related activities.                                                         
24  (b)  Money may be expended under the appropriation made by (a) of this section only                                    
25 to the extent that the Department of Transportation and Public Facilities records a reduction                           
26 of expenditure authorization with the Department of Administration for an appropriation for                             
27 highway planning, design, construction, and related activities, set out in the Office of                                
28 Management and Budget Capital Authorization Status Report as of May 1, 1994.                                            
29    * Sec. 7.  (a)  Subject to the condition set out in (b) of this section, an amount not to                            
30 exceed the unexpended matching balances of the appropriations set out in the Office of                                  
31 Management and Budget Capital Authorization Status Report as of May 1, 1994 for aviation                                
01 planning, design, construction, and related activities, is appropriated from the sources of those                       
02 appropriations to the Department of Transportation and Public Facilities for the purpose of                             
03 aviation planning, design, construction, and related activities.                                                        
04  (b)  Money may be expended under the appropriation made by (a) of this section only                                    
05 to the extent that the Department of Transportation and Public Facilities records a reduction                           
06 of expenditure authorization with the Department of Administration for an appropriation for                             
07 aviation planning, design, construction, and related activities, set out in the Office of                               
08 Management and Budget Capital Authorization Status Report as of May 1, 1994.                                            
09 (SECTION 8 OF THIS ACT BEGINS ON PAGE 4)