An Act relating to the duty of the Department of Commerce, Community, and Economic Development to identify scholarship granting organizations and participate in the federal tax credit program for qualified contributions to a scholarship granting organization.

HB 365 requires Alaska's Department of Commerce, Community, and Economic Development to identify scholarship granting organizations (SGOs) and participate in the federal tax credit program for contributions to these organizations. The bill mandates the department to actively facilitate Alaskans' access to this federal tax incentive, which allows donors to claim tax credits for contributions to qualified SGOs. This policy change directly affects scholarship granting organizations (by requiring state identification) and Alaskan taxpayers who contribute to them (by enabling tax credits). The key mechanism is the department’s new duty to coordinate with SGOs and promote participation in the existing federal program.