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AK HB264

AK HB264
Approp: Capital/funds/supp/reapprop


summary

Introduced
01/23/2026
In Committee
01/23/2026
Crossed Over
Passed
Dead

Introduced Session

34th Legislature

Bill Summary

An Act making appropriations, including capital appropriations, supplemental appropriations, and reappropriations; making appropriations to capitalize funds; and providing for an effective date.

AI Summary

This bill makes capital appropriations, supplemental appropriations, and reappropriations totaling $2,037,688,446 for the fiscal year ending June 30, 2027. * **Department of Transportation and Public Facilities:** Receives the largest appropriation of $1,502,807,946 for various federal programs, highway projects, airport improvements, rural airport improvements, the Alaska Marine Highway System, and public building maintenance. This funding comes from Federal Receipts, General Fund Match, and other specific funds. * **Department of Environmental Conservation:** Receives $323,444,600 for village safe water and wastewater infrastructure projects, and various water infrastructure improvement grants. Funding sources include Federal Receipts, General Fund Match, the Alaska Clean Water Fund, and the Alaska Drinking Water Fund. * **Department of Revenue (Alaska Housing Finance Corporation):** Receives $85,850,000 for various housing programs, including rental assistance, rural professional housing, affordable housing development, senior citizens housing, and federal HOME grants. Funding comes from Federal Receipts, Statutory Designated Program Receipts, and the Alaska Housing Finance Corporation Dividend. * **Department of Military and Veterans' Affairs:** Receives $58,715,900, primarily from Federal Receipts, for public protection, infrastructure support, Air National Guard modernization, state homeland security programs, deferred maintenance, and counterdrug support. * **Department of Commerce, Community, and Economic Development:** Receives $21,965,000 for community block grants, electrical emergencies, and cruise ship terminal port electrification. Funding sources include Federal Receipts, General Fund Match, and the Power Cost Equalization Endowment Fund. * **Department of Fish and Game:** Receives $19,925,000 for salmon programs, wildlife management, hunting access, and sport fish recreational boating access. Funding comes from Federal Receipts, Unrestricted General Fund Receipts, and the Fish and Game Fund. * **Department of Natural Resources:** Receives $24,980,000 for forest inventory, land sales, park improvements, water resource programs, and abandoned mine lands reclamation. Funding sources include Federal Receipts, General Fund Match, and various state land and timber receipts. * **Supplemental Appropriations and Reappropriations:** Includes reappropriation of $650,000 for the Alaska Energy Authority for federal matching of the U.S. Department of Energy State Energy Program. * **Lapse Provisions:** Appropriations for capital projects generally lapse under AS 37.25.020, unless otherwise noted. Appropriations for fund capitalization do not lapse. * **Effective Dates:** Sections 4-7 of the Act take effect June 30, 2026, while the rest of the Act takes effect July 1, 2026.

Committee Categories

Budget and Finance

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Rules (House)

Last Action

House Finance Hearing (13:30:00 4/9/2026 Adams 519) (on 04/09/2026)

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