Alaska § 29.60.850 - Community Assistance Fund.
Full text of Alaska Alaska Statutes § 29.60.850 — Community Assistance Fund., with citation guidance and answers to common questions.
§ 29.60.850. Community Assistance Fund.
(a) The community assistance fund is established in the general fund for the purpose of making community assistance payments to municipalities, reserves, and communities for any public purpose. The fund consists of appropriations. Income earned on money in the fund may be appropriated to the fund. Money in the fund does not lapse.
(b) Each fiscal year, the legislature may appropriate to the community assistance fund money received by the state during the previous calendar year under AS 43.20.030 (c). The amount may not exceed the greater of (1) $30,000,000; or
(2) the amount that, when added to the fund balance on June 30 of the previous fiscal year, equals $90,000,000.
(c) The balance in the community assistance fund shall be determined on June 30 of each year. If the fund balance is at least $15,000,000, without further appropriation, the department shall distribute one-third of that amount as community assistance payments for the immediately following fiscal year. Otherwise, no payments may be made.
(d) Notwithstanding the guidelines in (b) of this section, the legislature may appropriate any amount to the community assistance fund. Nothing in this section creates a dedicated fund.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 29.60.850
What does Alaska Statutes § 29.60.850 cover?
Section 29.60.850 ("Community Assistance Fund.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 29.60.850?
A common citation format is "Alaska Statutes § 29.60.850" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 29.60.850 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.