- (a) A municipality that incorporates on or before June 30 of a state fiscal year is eligible to receive a community assistance payment under AS 29.60.855 and 29.60.860 the following state fiscal year.
(b) A qualified entity under AS 29.60.865(a) located within a city in the unorganized borough may receive a community assistance payment under AS 29.60.855 and 29.60.860 if
- (1) the city has not qualified for a community assistance payment under AS 29.60.855 and 29.60.860 for two consecutive state fiscal years; and
- (2) a petition has been submitted under AS 29.06.460 to the Local Boundary Commission to initiate dissolution of the city.
- (c) Payment may not be made under (b) of this section for more than two state fiscal years.
(Eff. 5/15/2008, Register 186; am 10/8/2008, Register 188; am 12/22/2017, Register 224)
Authority: AS 29.60.855, AS 29.60.860, AS 44.33.020