Budget & Taxes

signed · Alaska · House Jun 4, 2026

HB 48: An Act relating to appropriations to the civil legal services fund.

HB 48 updates funding rules for Alaska's civil legal services fund, which provides legal aid to low-income residents. The bill limits annual appropriations to funds from the general state budget and up to 10% of court filing fees collected in the previous fiscal year (reducing the prior cap from 25%). It specifies that funds must support organizations serving individuals with incomes at or below 125% of the federal poverty level. The bill clarifies the fund remains part of the general state budget, not a dedicated account, and does not create new funding sources.

Topics ✓ Budget & TaxesSupports Budget & TaxesFunds civil legal services for low-income residents via appropriations, supporting public finance while maintaining eligibility criteria.85% confidence

Sub-Topics State Budget

passed · Alaska · Senate May 16, 2026

SB 140: An Act relating to a matching grant program for fire station construction and renovation; and providing for an effective date.

SB 140 creates a state matching grant program to help local fire departments fund construction or renovation of fire stations. The program provides up to 50% of eligible project costs (with the applicant covering the other half), administered through a dedicated fund in the state department. Money in the fund does not expire and must be used annually for grants, with at least half of the prior year's balance allocated each fiscal year. The bill takes effect July 1, 2025, directly benefiting fire departments seeking to build or upgrade stations.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates dedicated state appropriations fund for fire station grants, advancing public safety infrastructure funding through annual budget allocation.90% confidence

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in committee · Alaska · House May 9, 2025

HB 190: An Act relating to the insurance tax education credit; relating to the income tax education credit; relating to the oil or gas producer education credit; relating to the property tax education credit; relating to the mining business education credit; relating to the fisheries business education credit; relating to the fisheries resource landing tax education credit; renaming the day care assistance program the child care assistance program; relating to the child care assistance program and the child care grant program; and providing for an effective date.

HB 190 expands tax credit opportunities for businesses by adding multiple new education-related credits to Alaska's tax code. It allows businesses to claim credits against state taxes for contributions to educational programs, including Alaska Native cultural initiatives, vocational training, coastal ecosystem learning centers, and nonprofit child care facilities serving employees' children. The bill also renames the "day care assistance program" to "child care assistance program" and connects it to related grant programs. These changes directly affect businesses making qualifying contributions to education or child care services in Alaska, providing financial incentives for such support. The policy creates concrete tax credit mechanisms without altering existing program structures.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill expands business tax credits (e.g., education, child care) reducing state tax revenue, aligning with tax relief indicators for fiscal policy advancement.95% confidence ✓ EducationSupports EducationExpands business tax credits for educational programs including vocational training, Alaska Native cultural initiatives, and child care, incentivizing private funding for education access and support.95% confidence

Sub-Topics Business Taxes Career & Technical Education Early Childhood

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in committee · Alaska · Senate May 12, 2025

SB 37: An Act relating to the Executive Budget Act; relating to strategic plans, mission statements, performance plans, and financial plans for executive branch agencies; and providing for an effective date.

SB 37 requires Alaska executive branch agencies to include specific details in their budget submissions, such as lists of reimbursable services agreements, descriptions of those services, and the entities involved. It mandates that agencies develop mission statements and performance plans outlining desired results, which must align with efficient resource use. The bill also requires agencies to report semi-annually on performance metrics to the legislature for transparency. These changes apply directly to state agencies preparing budgets under Alaska Statutes 37.07.085 and 37.07.010, aiming to improve accountability in budget management.

Topics ✓ Budget & TaxesSupports Budget & TaxesRequires agency budget transparency, performance alignment with resource efficiency, and semi-annual reporting, promoting fiscal responsibility per budget management standards.89% confidence

Sub-Topics State Budget

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in committee · Alaska · House Mar 10, 2025

HB 113: An Act relating to a tax exemption for qualified small businesses; and providing for an effective date.

HB 113 creates a tax exemption for certain Alaska corporations classified as "qualified small businesses" under federal tax code (26 U.S.C. §1202 as of January 2012). It directly affects eligible Alaska-based small businesses that meet federal active business requirements, excluding construction, transportation, utility, and fisheries businesses. The bill clarifies that qualifying corporations must be incorporated in Alaska or authorized to operate there, and treats parent-subsidiary groups as a single entity for exemption purposes. The exemption applies to tax years beginning after the bill's effective date, which is immediate under Alaska law. This is a direct policy change modifying tax liability for qualifying businesses, not a procedural or commemorative measure.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax exemption for qualified small businesses, providing tax relief and aligning with economic development under taxation policy.95% confidence

Sub-Topics Business Taxes Tax Incentives Tags Small Business

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in committee · Alaska · House May 14, 2025

HB 207: An Act relating to a matching grant program for fire station construction and renovation; and providing for an effective date.

HB 207 creates a state matching grant program to fund fire station construction and renovation projects across Alaska. Local fire departments or municipalities can apply for grants covering up to 50% of eligible project costs, with the applicant responsible for the remaining portion. The program establishes a permanent grant fund that rolls over annually without lapsing, requiring the department to spend at least half of the fund’s balance each year on these grants. This directly supports community fire safety infrastructure by providing predictable funding for critical facility upgrades.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates permanent state grant fund for fire station construction, mandating annual spending on public infrastructure, directly advancing government appropriations for essential services.95% confidence

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in committee · Alaska · Senate Apr 15, 2025

SB 135: An Act relating to the sharing of tax revenue from the fisheries business tax and fishery resource landing tax with municipalities; relating to municipal reports on the shared tax revenue; and providing for an effective date.

SB 135 changes how Alaska distributes tax revenue from fisheries business and landing taxes to municipalities. It increases the share for unified municipalities/unorganized borough cities from 50% to 60% and for cities within boroughs from 25% to 35% of collected taxes. Boroughs receive 60% of revenue from outside cities and 35% from cities within their boundaries. Newly incorporated boroughs (post-1987) get phased-in percentages over three years, and the bill requires municipalities to use these funds for harbor facility maintenance and improvements.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases municipal tax revenue shares from 50%/25% to 60%/35%, directly advancing local budget funding through revised revenue sharing.95% confidence

Sub-Topics Business Taxes Revenue

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in committee · Alaska · Senate May 9, 2025

SB 92: An Act establishing an income tax on certain entities producing or transporting oil or gas in the state; and providing for an effective date.

SB 92 establishes a 9.4% income tax on oil and gas producers and transporters in Alaska with annual "qualified taxable income" exceeding $5 million. The tax applies to sole proprietorships, partnerships, and certain pass-through entities filing under IRS Section 1361-1379, calculated on income from oil/gas production or pipeline transportation (minus dividends, gifts, and owner compensation). Revenue from this tax will fund energy and electrical grid projects through a dedicated state fund. The bill defines "qualified taxable income" as gross oil/gas revenue before deducting specific payments to owners or partners.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates new tax on oil/gas entities to fund energy infrastructure projects via dedicated state fund, directly advancing fiscal management through new revenue allocation.95% confidence ✓ EnergySupports EnergyBill imposes tax on oil/gas producers to fund energy grid projects, directly advancing energy infrastructure investment per its summary and subjects list.95% confidence

Sub-Topics Business Taxes Oil & Gas Pipeline Infrastructure

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signed · Alaska · House Jun 4, 2026

HB 1: An Act relating to specie as legal tender in the state; and relating to borough and city sales and use taxes on specie.

HB 1 clarifies that gold and silver coins (defined as "specie") cannot be subject to borough or city sales and use taxes in Alaska. It also updates Alaska's legal tender definition to include federal, recognized foreign, or state-authorized gold/silver coins, while explicitly stating individuals are not required to accept such coins for payments. The bill primarily affects local tax policies and defines the conditions under which specie qualifies as legal tender, without creating new taxes or altering existing tax obligations.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly prevents borough/city sales taxes on specie (gold/silver coins), providing tax relief for transactions involving legal tender coins without creating new taxes.85% confidence

in committee · Alaska · House May 17, 2025

HB 100: An Act establishing a tax on federal campaign spending in the state; and providing for an effective date.

HB 100 would impose a 5% tax on all campaign spending made in Alaska for federal political campaigns, including media, salaries, consultants, and expenses required to be reported to the Federal Election Commission. This tax must be collected by the federal campaign and paid at the time of expenditure, with remittance to the state department. The bill directly affects federal candidates, committees, and political action committees conducting campaign activities within Alaska. It takes effect January 1, 2026, and is in addition to any local municipal taxes. The tax applies only to spending occurring within the state for federal elections.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes 5% tax on federal campaign spending, generating state revenue and directly increasing budget funds through new tax source95% confidence

Sub-Topics Government Spending

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