Shown verbatim: the complete text as captured from the official page posted by the Alaska State Legislature, fetched 2026-08-28. Where this bill amends existing law, language marked for deletion in the official page appears here in brackets. This is the enrolled version. The official bill page.
Enrolled SB 146 Relating to the regional educational attendance area and small municipal school district fund; and relating to Mt. Edgecumbe High School. _______________ * Section 1. AS 14.11.025(a) is amended to read: (a) In addition to other appropriations and funding sources, the department may make disbursements [PROVIDE GRANT FUNDING] from the fund established under AS 14.11.030 to (1) provide grant funding to a school district that is a regional educational attendance area or a small municipal school district; and (2) fund construction and major maintenance projects at Mt. Edgecumbe High School. * Sec. 2. AS 14.11.030(a) is amended to read: (a) The regional educational attendance area and small municipal school district school fund is created as an account in the general fund to be used, in addition to other funding sources, to fund projects approved under AS 14.11.025 for the costs of school construction and major maintenance in regional educational attendance areas, in [AND] small municipal school districts, and at Mt. Edgecumbe High School. The primary function of the fund is to fund school construction projects. * Sec. 3. AS 14.11.030(b) is amended to read: (b) Legislative appropriations, including appropriations of interest earned on the fund, shall be deposited in the fund established under this section. [THE UNOBLIGATED AND UNEXPENDED CASH BALANCE OF THE FUND MAY NOT EXCEED $70,000,000.]
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