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SB 210: "An Act making a special appropriation to The Alaska Community Foundation; and providing for an effective date."

00 SENATE BILL NO. 210 01 "An Act making a special appropriation to The Alaska Community Foundation; and 02 providing for an effective date." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. An amount equal to the unencumbered balance of the Alaska children's trust 05 (AS 37.14.200) on the effective date of this Act, based on the Department of Revenue's 06 schedule of investment income and changes in invested assets, estimated to be $12,000,000, is 07 appropriated from the general fund to the Department of Commerce, Community, and 08 Economic Development for payment as a grant under AS 37.05.316 to The Alaska 09 Community Foundation for child abuse and neglect treatment and prevention activities and 10 programs. 11 * Sec. 2. CONTINGENCY. Section 1 of this Act is contingent on passage by the Second 12 Regular Session of the Twenty-Fifth Alaska State Legislature and enactment into law of a bill 13 repealing the statutes related to the Alaska children's trust (AS 37.14.200 - 37.14.270). 14 * Sec. 3. If, under sec. 2 of this Act, this Act takes effect, it takes effect June 30, 2008.