20 AAC 30.015. Grant conditions

(a) An applicant for an operating support grant may request and the council will, in its discretion, award a grant in any amount. However,

(1) an application for an operating support grant may not be approved unless the grant applicant provided a cash match; and

(2) an operating support grant may not exceed 50 percent of the applicant's annual operating costs.

(b) If an operating support grant is awarded on a biennial basis, the grant amount payable during the second year may not be less than the grant amount paid during the first year, subject to a reduction in the amount of the grant that is proportional to the amount of the reduction of the annual appropriation made to the council for the support of the council's programs. The provisions of this subsection do not apply if payment of the second year of the grant is withheld by the council

(1) under 20 AAC 30.030(b) because of the grantee's failure to complete and submit an interim request; or

(2) under 20 AAC 30.040(b) due to the grantee's failure to comply with the terms of the grant award letter.

History: Eff. 6/28/98, Register 146

Authority: AS 44.27.052

Editor's note: As of Register 163 (October 2002), the regulations attorney made a technical revision under AS 44.62.125 (b)(6), to 20 AAC 30.015.

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