An Act relating to municipal and school board elections; declaring Election Day a holiday; relating to terms of office for municipal mayors, municipal governing bodies, elected utility boards, and school boards; and providing for an effective date.

HB 163 changes term lengths and election rules for school boards in Alaska. It modifies school board terms to four years (replacing staggered three-year terms) and requires initial terms for newly created boards to be assigned by lot (e.g., for a 5-member board, three members serve four-year terms and two serve two-year terms). The bill also adjusts election timing to occur on the first Tuesday after the first Monday in November of even-numbered years, instead of October. These changes apply specifically to regional school boards and borough/city school boards, as detailed in amended statutes.