The bill establishes a matching grant program within the Alaska Department for funding the construction and renovation of fire stations. It introduces new sections to AS 29.60, specifically creating a framework for eligible applicants to apply for grants under regulations set by the department. The program aims to provide financial assistance for fire station projects, with the department responsible for awarding grants based on appropriated funds.

Additionally, the bill creates a fire station grant fund, which will consist of appropriations and any income earned on the fund's money. The department is authorized to expend these funds for matching grants without needing further appropriation, and the funds will not lapse, remaining available for future fiscal years. Each year, a specified percentage of the fund's balance will be allocated for matching grants. The bill is set to take effect on July 1, 2025.

Statutes affected:
SB0140A, AM SB 140, introduced 03/24/2025: