This 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 Article 6A, which outlines the procedures for eligible applicants to apply for grants. The program will provide financial assistance, with the department awarding a percentage of the total proposed project costs to successful applicants, subject to legislative appropriation.

Additionally, the bill creates a fire station grant fund that 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, 2026.

Statutes affected:
SB0140A, AM SB 140, introduced 03/24/2025:
SB0140B, AM CSSB 140(FIN), introduced 02/18/2026: