|The 26th Alaska State Legislature, 2009 - 2010|
|Signed Into Law! Chapter 115 SLA 10|
Sponsored by Sen. Anna Fairclough
Co-Sponsors: Rep. Hawker, Rep. Holmes, Rep. Wilson, Rep. Crawford, Rep. Kerttula, Rep. Dahlstrom, Rep. Tuck, Rep. Petersen, Sen. Davis, Sen. Menard, Sen. Meyer, Sen. Paskvan, Sen. Ellis, Sen. McGuire, Sen. French
“Amending the Alaska children's trust and relating to the trust; establishing a children's trust grant account; relating to birth certificates and certificates of marriage; relating to special request Alaska children's trust license plates; and amending the State Procurement Code to exempt the Alaska children's trust and the Alaska Children's Trust Board.”
Posted: April 1, 2010 : v26-LS0502\K
House Bill 190 establishes an Alaska Children's Trust (ACT) grant account in the general fund and provides for private restricted-use donations, and an annual legislative appropriation of five percent average market value (preceding three years) of the trust account into the grant account. In addition it exempts the ACT and the ACT board from the state procurement code and would require the board to establish regulations as required by state statute.
# # #