™Your Policy Risk Impact Agent
49 chapters · 1,198 sections in this title.
AS 45.81.010 New business incentive fund.
0.3K chars
There is established in the department the new business incentive fund. Up to $3,000,000 may be appropriated to the fund each fiscal year. The department may use money in the fund for new business incentive grants. On June 30 of each fiscal year, the unexpended and unobligated ba…
AS 45.81.020 Eligibility for grants.
1.2K chars
(a) A new business or a business that is opening a new branch in the state is eligible for a new business incentive grant if (1) the business is primarily engaged in manufacturing a product for export outside of the state; (2) the business will not directly compete with an existi…
AS 45.81.030 Use of grant money.
0.9K chars
After awarding a new business incentive grant, the department may pay money from the grant to the recipient business only as reimbursement for one or more of the following costs incurred and paid by the business: (1) cost of relocating key personnel and of moving and installing e…
AS 45.81.040 Grant conditions.
0.9K chars
(a) A business that receives a new business incentive grant must be operating on the date the grant is awarded and must continue to operate in the state for at least five years after the date the grant is awarded or must, within 90 days after ceasing to operate, repay the grant m…