An Act relating to group insurance coverage and self-insurance coverage for school district employees, employees of the University of Alaska, and employees of other governmental units in the state; and providing for an effective date.

HB 29 clarifies that school districts, the University of Alaska, and other Alaska government units must budget for group or self-insurance coverage for their employees. It amends statutes to require school boards to specifically allocate funds for insurance participation in their annual budgets (under AS 14.14.090(1)) and explicitly authorizes boards to maintain such coverage (under AS 14.08.101(12)). This change ensures insurance costs are formally included in budget planning for these public employees, without creating new coverage requirements.