GroundRules
AS 29.60.540: Limitations on uses of grants by municipalities and villages.
Where this section sits in the code
- Title 29. Municipal Government.
- Chapter 60. State Programs.
- Article 3. Oil and Hazardous Substance Municipal Impact Assistance.
(a) A municipality may not use a grant made under AS 29.60.510 to reduce current municipal tax rates or to retire its existing bonded indebtedness.
(b) Money received by a municipality, village, or school district under AS 29.60.500 — 29.60.599 may not be used for a capital improvement, as that term is defined in AS 46.08.900.
Collected 2026-09-02T06:18:16Z. Source file · JSON