Housing (Landlords)

HB 115 limits annual rent increases for Alaska tenants by prohibiting landlords from raising rent more than once per calendar year. Landlords must provide written 90-day notice before any increase if rent is current, and after a lease ends, the new rent cannot exceed the previous amount until either the notice date or 90 days post-termination. This applies only to new rental agreements entered into on or after the law’s effective date. The bill directly affects landlords and tenants in Alaska rental housing, establishing clear timing rules for rent adjustments.

HB 13 would allow Alaska municipalities to create optional property tax exemptions for specific housing types. It enables cities to exempt long-term rental units (90+ days), mobile home parks (for 10 years after construction), low-income rentals (rent ≤30% of local median income), owner-occupied homes, and first-time homebuyers' residences. Municipalities would decide whether to implement these exemptions via local ordinance, with no requirement to do so. The bill directly affects property owners in these categories and local governments managing tax policy.