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 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 appropriation.

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

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