SB 163 Alaska Senate · 34th Legislature (2025-2026)

An Act relating to inactive state accounts and funds; repealing the public access fund; repealing the Alaska temporary assistance program emergency account; repealing the 2001 Special Olympics World Winter Games reserve fund; and providing for an effective date.

SB 163 repeals 11 specific inactive state funds and accounts, including the home ownership assistance fund, public access fund, tourism revolving fund, and others. The bill removes these funds from state law by repealing corresponding sections of Alaska Statutes and a 1998 law. It does not create new programs or directly affect residents, as it only eliminates existing, unused financial accounts. The repeal takes effect on June 30, 2025.

Bill status signed all 5 stages cleared

Introduction

Apr 2025

Committee Review

May 2026

Senate Passage

Apr 2026

House Passage

May 2026

Signed into Law

Jul 2026

Introduced Apr 9, 2025 Signed Jul 16, 2026

Maddy AI version diff · 3 comparisons

What changed between versions

Enrolled SB 163 → SB 163 · 3 edits

MINOR

SB 163 was significantly expanded in scope to repeal many additional inactive state accounts and funds beyond the three originally covered. The effective date was also moved earlier from July 1, 2026 to June 30, 2025. This appears to be a reintroduction or amendment in the 34th Legislature, 2nd Session (introduced April 9, 2025) that consolidates cleanup of numerous dormant financial accounts into a single bill.

SCOPE

The bill now repeals many more state accounts and funds, adding: home ownership assistance fund, operating loss reserve account, Southeast energy fund, Alaska Gasline Inducement Act reimbursement fund, child care facility revolving loan fund foreclosure expense account, tourism revolving fund foreclosure expense account, residential energy conservation fund foreclosure expense account, and historical district revolving loan fund foreclosure expense account. Previously only the public access fund, Alaska temporary assistance program emergency account, and 2001 Special Olympics World Winter Games reserve fund were targeted.

TECHNICAL

Section 1 now repeals a much broader list of statutory sections: AS 18.56.430, 18.56.450; AS 38.05.874; AS 42.45.040; AS 43.90.400; AS 44.33.242; AS 45.81.110; AS 45.88.110; AS 45.98.015; and AS 47.27.075, compared to only AS 38.05.874 and AS 47.27.075 in the prior version.

TIMELINE

The effective date was changed from July 1, 2026 to June 30, 2025, moving it approximately one year earlier.

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).

Full legislative history

Actions timeline

Total actions

Key actions

Committee

May 20, 2026

Lower · Passed

(H) PASSED Y39 A1

lower

May 7, 2026

Lower · Passed

(H) Moved CSSB 163(L&C) Out of Committee -- Testimony <Invitation Only> --

lower

Apr 22, 2026

Upper · Passed

(S) TRANSMITTED TO (H)

upper

Apr 22, 2026

Upper · Passed

(S) PASSED Y19 N- E1

upper

Apr 21, 2026

Upper · Passed

(S) L&C CS ADOPTED UC

upper

Apr 1, 2026

Upper · Passed

(S) Moved CSSB 163(L&C) Out of Committee

upper

Mar 9, 2026

Upper · Passed

(S) Moved CSSB 163(L&C) Out of Committee

upper

1 primary · 0 co-sponsors