Alaska § 43.90.400 - Alaska Gasline Inducement Act reimbursement fund; disbursements; audits.

Full text of Alaska Alaska Statutes § 43.90.400 — Alaska Gasline Inducement Act reimbursement fund; disbursements; audits., with citation guidance and answers to common questions.

§ 43.90.400. Alaska Gasline Inducement Act reimbursement fund; disbursements; audits.

 (a) There is established in the general fund an Alaska Gasline Inducement Act reimbursement fund. The fund consists of money appropriated to it by the legislature for disbursement to pay the state's reimbursements under AS 43.90.110 . Money appropriated to the fund may be spent for the purposes of the fund without further appropriation. Appropriations to the fund do not lapse under AS 37.25.010 , but remain in the fund for future disbursements. Nothing in this subsection creates a dedicated fund.

 (b) The Department of Revenue shall manage the fund, and may invest money in the fund so as to yield competitive market rates as provided in AS 37.10.071 . Income earned on the fund shall be accounted for separately and may be appropriated annually to the fund.

 (c) The commissioners shall adopt regulations that provide for application to receive reimbursements for qualified expenditures as provided under AS 43.90.110 , and that provide for periodic audits of the use of money disbursed as reimbursements under this chapter.

 (d) Within 10 days after the convening of each regular session of the legislature, the commissioners shall submit to the legislature a report that lists all the disbursements from the fund during the preceding fiscal year with a written justification for each disbursement and the projected amount of money that will be required for reimbursements in each of the next three fiscal years.

Source: official Alaska text · Last verified 2026-08-27

Frequently Asked Questions About Alaska § 43.90.400

What does Alaska Statutes § 43.90.400 cover?

Section 43.90.400 ("Alaska Gasline Inducement Act reimbursement fund; disbursements; audits.") 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 § 43.90.400?

A common citation format is "Alaska Statutes § 43.90.400" (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 § 43.90.400 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.