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Title 3 . Commerce, Community, and Economic Development
Chapter 54 . Tourism Grants
Section 30. Eligible matching money

3 AAC 54.030. Eligible matching money

(a) Matching money provided by the recipient may include fees, contributions, donations, gifts of money, and special user charges. Unless otherwise agreed to by the division, grants may only be applied to costs of a recipient that are incurred during the grant period.

(b) An in-kind contribution may be used for the matching money unless the in-kind contribution is used for a convention and incentive travel project. The in-kind contribution must be valued at the current sale or rental value of the service or product at the locality where it is tendered.

(c) Money received from the state may not be counted toward matching money.

History: Eff. 5/11/90, Register 114

Authority: AS 44.33.119

AS 44.33.120

AS 44.33.135

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Last modified 7/05/2006