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AK SB221

AK SB221
Restricting State Fund Fiduciary


summary

Introduced
01/21/2026
In Committee
01/21/2026
Crossed Over
Passed
Dead

Introduced Session

34th Legislature

Bill Summary

An Act restricting a fiduciary of a state fund, the Alaska Retirement Management Board, and the Alaska Permanent Fund Corporation Board from investing or doing business with DigitalBridge Group, Inc., or an affiliate of DigitalBridge Group, Inc.

AI Summary

This bill prohibits any fiduciary of a state fund, including the Alaska Retirement Management Board and the Alaska Permanent Fund Corporation Board, from investing state funds or conducting business with DigitalBridge Group, Inc., or any company affiliated with it. This restriction applies to various state investment entities, such as the budget reserve fund and other state funds managed by these boards, aiming to prevent state money from being used by or through DigitalBridge Group, Inc. or its related entities.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

COSPONSOR(S): GRAY-JACKSON, GIESSEL (on 01/23/2026)

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