HB 49: "An Act relating to municipal aid grants; and providing for an effective date."
00 HOUSE BILL NO. 49 01 "An Act relating to municipal aid grants; and providing for an effective date." 02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 03 * Section 1. AS 29.60 is amended by adding a new section to read: 04 Article 10. Municipal Aid Grants. 05 Sec. 29.60.720. Municipal aid grants. (a) Each fiscal year, the department 06 shall pay a municipal aid grant of $50,000 to every municipality. An application is not 07 required for a municipality to be eligible for a grant under this subsection. 08 (b) If appropriations are not sufficient to fully fund municipal aid grants for a 09 fiscal year, the department shall calculate a reduced grant amount based on the 10 available funding and distribute equal grants in the reduced amount to all 11 municipalities. 12 (c) In this section, "municipality" includes a municipality organized under 13 federal law as an Indian reserve that existed before enactment of 43. U.S.C. 1618(a) 14 and is continued in existence under that subsection. 15 * Sec. 2. This Act takes effect July 1, 2005.