(a) The derelict vessel prevention program fund is created in the general fund. The purpose of the fund is to provide a source from which the department may

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Terms Used In Alaska Statutes 30.30.096

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • property: includes real and personal property. See Alaska Statutes 01.10.060
  • state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
(1) reimburse state agencies and municipalities for expenses related to removal of derelict vessels from waters of the state and from state or municipal property;
(2) pay for development and implementation of programs that incentivize compliance with this chapter;
(3) subsidize projects directly related to the derelict vessel prevention program; and
(4) pay the costs of administering the fund.
(b) The fund consists of money appropriated to the fund, including

(1) donations;
(2) money received from the sale of a vessel under this chapter;
(3) income from the fund and other program receipts;
(4) money collected under Alaska Stat. § 05.25.096 (a)(5) and (6);
(5) civil penalties collected under Alaska Stat. § 30.30.015.
(c) Appropriations to the derelict vessel prevention program fund do not lapse.
(d) Money appropriated to the fund may be used by the department for the purposes of the fund without further appropriation.
(e) Nothing in this section creates a dedicated fund.