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(a) Money received under this chapter must be used for the project for which the grant was approved and in accordance with the grant agreement.
(b) Nothing in this chapter relieves a grant recipient from complying with state and federal law.
(c) The dollar amount of money received under this chapter may not be used in calculating investment cost or a qualified expenditure for purposes of claiming a tax credit for the recipient or any other entity under AS 43.75.035 or 43.75.036, respectively.
History: Eff. 12/19/2003, Register 168
Authority: AS 44.33.020
Note to HTML Version:
The Alaska Administrative Code was automatically converted to HTML from a plain text format. Every effort has been made to ensure its accuracy, but neither Touch N' Go Systems nor the Law Offices of James B. Gottstein can be held responsible for any possible errors. This version of the Alaska Administrative Code is current through June, 2006.
If it is critical that the precise terms of the Alaska Administrative Code be known, it is recommended that more formal sources be consulted. Recent editions of the Alaska Administrative Journal may be obtained from the Alaska Lieutenant Governor's Office on the world wide web. If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful. Copyright 2006. Touch N' Go Systems, Inc. All Rights Reserved.
Last modified 7/05/2006