AlaskaSets Alaska agencies’ operating budgets for fiscal year 2027
Alaska would fund state operations and programs for fiscal year 2027, with some payments and appropriations depending on revenue, other bills, or outside funding.
What it does
State agencies, schools, universities, courts, and the Legislature would receive operating funds for fiscal year 2027. Some funding depends on related bills becoming law.
If fiscal year 2026 revenue is high enough, excess money could fund a $200 energy payment with the 2027 dividend, school grants, a bulk fuel loan fund, and reserves.
During fiscal year 2027, the Alaska Housing Finance Corporation would direct up to $800 million to unsubsidized housing loans and $30 million to subsidized housing loans and projects.
Argument forThe funding could keep public services operating and provide schools, agencies, and housing programs with resources during fiscal year 2027.
Argument againstSome promised funding may not be available if related bills fail, required revenue does not arrive, or other funding conditions are not met.
More detail
The state would provide operating funds to state agencies, the University of Alaska, the courts, and the Legislature. The funding covers government operations and programs listed in sections 1 through 4, including public safety, health care, education, transportation, and public assistance. Some funding for legislation depends on that legislation passing and not being vetoed. The listed appropriations include $23.823 million for legislation-based funding. Funding follows the amounts and sources listed in the act. The main operating budget covers July 1, 2026, through June 30, 2027, and sections 1 through 4 are retroactive to July 1, 2026.
The state would set aside excess unrestricted general fund revenue for a possible $200 energy payment, school district grants, a bulk fuel loan fund, and the budget reserve fund. The provision applies when fiscal year 2026 unrestricted general fund revenue exceeds $6.3 billion, with the total allocation limited to $700 million. The $200 payment would be part of the fiscal year 2027 permanent fund dividend. School grants would be distributed based on each district’s adjusted average daily membership. The listed uses are funded in order, with any remaining amount going to the budget reserve fund. The revenue is measured for the fiscal year ending June 30, 2026, and the energy payment and school grants apply to fiscal year 2027.
The Alaska Housing Finance Corporation would use corporate receipts for housing loan programs. The funding includes up to $800 million for housing loan programs not subsidized by the corporation and $30 million for subsidized housing loan programs and projects. The money comes from corporate receipts held by the corporation and allocated between its housing revolving funds. The $30 million must come from corporate receipts derived from arbitrage earnings. The corporation’s board adopts the procedures for allocating receipts between the two funds. The appropriations apply during the fiscal year ending June 30, 2027.
Where do you stand?
Choose your position
Tell your reps
Take a position to see your representatives and ways to contact them.
Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Sep 30(H) FISCAL NOTE MEMO Transmitted to Governor 9/11/26To Governor
- Sep 30(H) LEG FINANCE APPROPRIATION MESSAGE 9/8/26
- Sep 30(S) LEG FINANCE APPROPRIATION MESSAGE 9/8/26
- Jul 3(H) EFFECTIVE DATE(S) OF LAW SEE CHAPTERMajor
- Jul 3(H) LINE ITEM VETO AND REDUCTIONS
- Jul 3(H) Signed into law 6/24 CHAPTER 34 SLA 26Became Law
- Jun 17(H) 3:10 P.M. 6/15/26 Transmitted to GovernorMinor
- Jun 4(H) MANIFEST ERROR(S)
- May 20(S) EFFECTIVE DATE(S) SAME AS PASSAGE
- Vote recorded (S) CBRF SECTION(S) ADOPTED VOTE Y17 N3 #2873. Result: pass.Upper
- Vote recorded (S) CC REPORT ADOPTED Y17 N3 CCS HB 263 #2872. Result: pass.Upper
- May 20(S) CBRF SECTION(S) ADOPTED VOTE Y17 N3
- May 20(S) CC REPORT ADOPTED Y17 N3 CCS HB 263
- May 20(S) CC REPORT TAKEN UP
- May 19(H) VERSION: CCS HB 263(BRF SUP MAJ FLD H)
- Vote recorded (H) CBRF SECTION(S) (FAILED) Y21 N19 #2951. Result: fail.Lower
- Vote recorded (H) EFFECTIVE DATE(S) ADOPTED Y40 #2952. Result: pass.Lower
- Vote recorded (H) CC RPT ADOPTED Y21 N19 CCS HB 263 #2951. Result: pass.Lower
- Vote recorded (H) EFFECTIVE DATE(S) ADOPTED Y40 #2951. Result: pass.Lower
- Vote recorded (H) CBRF SECTION(S) FAILED Y21 N19 #2952. Result: fail.Lower
- Vote recorded (H) CC REPORT ADOPTED Y21 N19 CCS HB 263 #2951. Result: pass.Lower
- May 19(H) ...CHANGES TITLE OF LEGISLATION
- May 19(H) CBRF SECTION(S) FAILED Y21 N19Major
- May 19(H) EFFECTIVE DATE(S) ADOPTED Y40
- May 19(H) CC REPORT ADOPTED Y21 N19 CCS HB 263
- May 19(H) CC REPORT TAKEN UP
- May 18(H) CC REPORT READ AND HELD
- May 18(H) FISCAL NOTE PACKET
- May 18(H) CC REPORT: CCS HB 263 RECEIVED 5/17/26 3:11 P.M.
- May 18(S) CC REPORT READ
- May 18(S) FISCAL NOTE PACKET
- May 18(S) CC REPORT: CCS HB 263 RECEIVED 5/17 3:31 P.M.
- May 17(S) Moved CCS HB 263 Out of Committee
- May 17(S) CONFERENCE COMMITTEE ON HB263 AND HB265 at 09:00 AM SENATE FINANCE 532
- May 17(H) Moved CCS HB 263 Out of Committee
- May 17(H) CONFERENCE COMMITTEE ON HB263 AND HB265 at 09:00 AM SENATE FINANCE 532
- May 13(S) -- MEETING CANCELED --
- May 13(S) CONFERENCE COMMITTEE ON HB263 AND HB265 at 04:00 PM SENATE FINANCE 532
- May 13(H) -- MEETING CANCELED --
- May 13(H) CONFERENCE COMMITTEE ON HB263 AND HB265 at 04:00 PM SENATE FINANCE 532
- May 12(S) Minutes (SHB263)
- May 12(S) Heard & Held
- May 12(S) CONFERENCE COMMITTEE ON HB263 AND HB265 at 04:00 PM SENATE FINANCE 532
- May 12(H) Minutes (HHB263)
- May 12(H) Heard & Held
- May 12(H) CONFERENCE COMMITTEE ON HB263 AND HB265 at 04:00 PM SENATE FINANCE 532
- May 12(S) LIMITED POWERS FREE CONFERENCE GRANTED
- May 12(H) LIMITED POWERS FREE CONFERENCE GRANTED
- May 11(S) Minutes (SHB263)
- May 11(S) Heard & Held
- May 11(S) CONFERENCE COMMITTEE ON HB263 AND HB265 at 04:00 PM SENATE FINANCE 532
- May 11(H) Minutes (HHB263)
- May 11(H) Heard & Held
- May 11(H) CONFERENCE COMMITTEE ON HB263 AND HB265 at 04:00 PM SENATE FINANCE 532
- May 11(H) JOSEPHSON (CHAIR), SCHRAGE, STAPP
- May 11(H) CONFERENCE COMMITTEE APPOINTED
- May 11(S) HOFFMAN (CHAIR), STEDMAN, CRONK
- May 11(S) CONFERENCE COMMITTEE APPOINTED
- May 11(S) FAILED RECEDE (S) AM Y- N20Major
- May 11(S) RECEDE MESSAGE READ AND TAKEN UP
- May 8(H) FAILED CONCUR (S) AM N36 E4Major
- May 8(H) CONCUR MESSAGE TAKEN UP
- May 8(H) CONCUR MESSAGE READ AND HELD
- May 7(S) VERSION: SCS CSHB 263(FIN) AM S
- Vote recorded (S) PASSED Y17 N3 #2514. Result: pass.Upper
- Vote recorded (S) AM NO 2 FAILED Y6 N14 # 2509. Result: fail.Upper
- Vote recorded (S) AM NO 4 FAILED Y3 N17 # 2511. Result: fail.Upper
- Vote recorded (S) AM NO 3 FAILED Y6 N14 # 2510. Result: fail.Upper
- Vote recorded (S) AM NO 1 FAILED Y6 N14 # 2508. Result: fail.Upper
- Vote recorded (S) CBRF SECTION(S) ADOPTED VOTE Y17 N3 #2515. Result: pass.Upper
- May 7(S) TRANSMITTED TO (H) AS AMENDEDMajor
- May 7(S) EFFECTIVE DATE(S) SAME AS PASSAGE
- May 7(S) CBRF SECTION(S) ADOPTED VOTE Y17 N3
- May 7(S) PASSED Y17 N3Major
- May 7(S) AUTOMATICALLY IN THIRD READINGMinor
- May 7(S) AM NO 8 ADOPTED UCMajor
- May 7(S) AM NO 7 ADOPTED UCMajor
- May 7(S) AM NO 6 ADOPTED UCMajor
- May 7(S) AM NO 5 ADOPTED UCMajor
- May 7(S) AM NO 4 FAILED Y3 N17Minor
- May 7(S) AM NO 3 FAILED Y6 N14Minor
- May 7(S) AM NO 2 FAILED Y6 N14Minor
- May 7(S) AM NO 1 FAILED Y6 N14Minor
- May 7(S) RETURN TO SECOND FOR AMS UC
- May 7(S) READ THE THIRD TIME SCS CSHB 263(FIN)Minor
- May 6(S) ADVANCED TO THIRD READING 5/7 CALMinor
- May 6(S) FIN SCS ADOPTED UC
- May 6(S) READ THE SECOND TIMEMinor
- May 6(S) RULES TO CALENDAR 5/6/2026
- May 1(S) AM: KAUFMAN, CRONK
- May 1(S) DP: OLSON, HOFFMAN, MERRICK, KIEHL
- May 1(S) TITLE CHANGE: SCR 23
- May 1(S) FIN RPT SCS 4DP 2AM NEW TITLE
- Apr 30(S) Minutes (SFIN)
- Apr 30(S) Moved SCS CSHB 263(FIN) Out of Committee -- Please Note Time Change --
- Apr 30(S) FINANCE at 01:30 PM SENATE FINANCE 532
- Apr 30(S) Minutes (SFIN)
- Apr 30(S) <Bill Hearing Canceled>
- Apr 30(S) FINANCE at 09:00 AM SENATE FINANCE 532
- Apr 29(S) Heard & Held -- Please Note Time Change --
- Apr 29(S) FINANCE at 01:30 PM SENATE FINANCE 532
- Apr 29(S) -- MEETING CANCELED --
- Apr 29(S) FINANCE at 09:00 AM SENATE FINANCE 532
- Apr 28(S) -- MEETING CANCELED --
- Apr 28(S) FINANCE at 09:00 AM SENATE FINANCE 532
- Apr 22(S) Heard & Held
- Apr 22(S) FINANCE at 01:30 PM SENATE FINANCE 532
- Apr 22(S) FIN
- Apr 22(S) READ THE FIRST TIME - REFERRALSMinor
- Apr 21(H) VERSION: CSHB 263(FIN) AM
- Apr 21(H) TRANSMITTED TO (S)Major
- Apr 14(H) ENGROSSED
- Vote recorded (H) RETURN TO SECOND FOR AM 53(TABLED) FAILED Y19 N21 #2170. Result: fail.Lower
- Vote recorded (H) PASSED ON RECONSIDERATION Y21 N19 #2174. Result: pass.Lower
- Vote recorded (H) PASSED ON RECONSIDERATION Y22 N18 #2170. Result: pass.Lower
- Vote recorded (H) RETURN TO SECOND FOR AMS FAILED Y19 N21 #2169. Result: fail.Lower
- Vote recorded (H) EFFECTIVE DATE(S) ADOPTED Y35 N5 #2171. Result: pass.Lower
- Vote recorded (H) EFFECTIVE DATE(S) ADOPTED Y37 N3 #2174. Result: pass.Lower
- Apr 14(H) EFFECTIVE DATE(S) ADOPTED Y37 N3
- Apr 14(H) PASSED ON RECONSIDERATION Y21 N19Major
- Apr 14(H) RESCINDED ACTION (PASSAGE RECON) UC
- Apr 14(H) EFFECTIVE DATE(S) ADOPTED Y35 N5
- Apr 14(H) PASSED ON RECONSIDERATION Y22 N18Passed Senate
- Apr 14(H) RETURN TO SECOND FOR AM 53(TABLED) FAILED Y19 N21Major
- Apr 14(H) RETURN TO SECOND FOR AMS FAILED Y19 N21Major
- Apr 14(H) RECON TAKEN UP - IN THIRD READINGMinor
- Apr 13(H) G.NELSON NOTICE OF RECONSIDERATION
- Apr 13(H) EFFECTIVE DATE(S) ADOPTED Y38 N2
- Apr 13(H) PASSED Y21 N19Passed House
- Apr 13(H) AMS NOT TAKEN UP: NOS 40-43, 60-69, 71, AND 72
- Apr 13(H) RETURN TO SECOND FOR AMS FAILED Y19 N21Major
- Apr 13(H) READ THE THIRD TIME CSHB 263(FIN) AMMinor
- Apr 10(H) AUTOMATICALLY TO THIRD READING
- Apr 10(H) ADJOURNED TO 4/13 CALENDAR Y21 N14 P5
- Apr 10(H) RESCIND ACTION (FAILING)AM 28 FAILED Y19 N21Major
- Apr 10(H) AM NO 39 FAILED Y19 N21Minor
- Apr 10(H) AM NOS 34, 35, 36, 37, AND 38 NOT OFFERED
- Apr 10(H) AM NO 22 ADOPTED Y21 N19Major
- Apr 10(H) AM NO 7 NOT OFFERED
- Apr 10(H) AM NO 4 FAILED Y19 N21Minor
- Apr 10(H) AM NO 2 FAILED Y18 N22Minor
- Apr 10(H) ...CHANGES TITLE OF LEGISLATION
- Apr 10(H) AM NO 1 AS AMD ADOPTED Y23 N17Major
- Apr 10(H) MOTION TO WITHDRAW AM NO 1 AS AMD FAILED Y19 N21Minor
- Apr 10(H) AM 2 TO AM 1 ADOPTED Y22 N18
- Apr 10(H) SUSTAINED RULING OF CHAIR UC
- Apr 10(H) AM 2 TO AM 1 OFFERED
- Apr 10(H) AM 1 TO AM 1 NOT OFFERED
- Apr 10(H) AM NO 1 OFFERED
- Apr 10(H) AM NO 70 AS AMD FAILED Y19 N21Minor
- Apr 10(H) RULING OF CHAIR WITHDRAWN
- Apr 10(H) AM 3 TO AM 70 OFFERED AND WITHDRAWN
- Apr 10(H) BEFORE HOUSE IN SECOND WITH AM NO 70 AS AMD PENDING
- Apr 10(H) AM 2 TO AM 70 FAILED Y20 N20Major
- Apr 10(H) AM 1 TO AM 70 ADOPTED UC
- Apr 10(H) AM NO 70 OFFERED
- Apr 10(H) AM NOS 60, 61, 62, 63, 64, 65, 66, 67, 68, 69, 71, AND 72 MOVED TO BOTTOM
- Apr 10(H) BEFORE HOUSE IN SECOND READING
- Apr 9(H) HELD IN SECOND READING TO 4/10 CALENDAR
- Apr 9(H) AM NO 59 FAILED Y11 N29Minor
- Apr 9(H) AM NO 58 FAILED Y19 N21Minor
- Apr 9(H) AM NO 57 OFFERED AND WITHDRAWN
- Apr 9(H) AM NO 56 FAILED Y16 N24Minor
- Apr 9(H) AM NO 55 OFFERED AND WITHDRAWN
- Apr 9(H) AM NO 54 FAILED Y16 N24Minor
- Apr 9(H) AM NO 53 TABLED UC
- Apr 9(H) AM 1 TO AM 53 TABLED UC
- Apr 9(H) AM NO 53 OFFERED
- Apr 9(H) AM NO 52 FAILED Y19 N21Minor
- Apr 9(H) AM NO 51 FAILED Y15 N25Minor
- Apr 9(H) AM NO 50 FAILED Y19 N21Minor
- Apr 9(H) AM NO 49 FAILED Y19 N21Minor
- Apr 9(H) AM NO 48 FAILED Y19 N21Minor
- Apr 9(H) AM NO 47 FAILED Y19 N21Minor
- Apr 9(H) AM NO 46 FAILED Y19 N21Minor
- Apr 9(H) AM NO 45 FAILED Y19 N21Minor
- Apr 9(H) AM NO 44 FAILED Y9 N31Minor
- Apr 9(H) AM NOS 34, 35, 36, 37, 38, 39, 40, 41, 42, AND 43 MOVED TO BOTTOM
- Apr 9(H) AM NO 33 OFFERED AND WITHDRAWN
- Apr 9(H) AM NO 32 FAILED Y20 N20Minor
- Apr 9(H) AM NO 31 ADOPTED Y33 N7Major
- Apr 9(H) AM NO 30 NOT OFFERED
- Apr 9(H) AM NO 29 FAILED Y19 N21Minor
- Apr 9(H) BEFORE HOUSE IN SECOND READING
- Apr 8(H) HELD IN SECOND READING TO 4/9 CALENDAR
- Apr 8(H) AM NO 28 FAILED Y19 N21Minor
- Apr 8(H) AM NO 27 FAILED Y19 N21Minor
- Apr 8(H) AM NO 26 FAILED Y14 N26Minor
- Apr 8(H) AM NO 25 FAILED Y8 N32Minor
- Apr 8(H) AM NO 24 FAILED Y7 N33Minor
- Apr 8(H) AM NO 23 AS AMD FAILED Y18 N22Minor
- Apr 8(H) AM 1 TO AM 23 ADOPTED UC
- Apr 8(H) AM NO 23 OFFERED
- Apr 8(H) AM NO 22 MOVED TO BOTTOM
- Apr 8(H) AM NO 21 FAILED Y17 N23Minor
- Apr 8(H) AM NO 20 FAILED Y19 N21Minor
- Apr 8(H) AM NO 19 FAILED Y19 N21Minor
- Apr 8(H) AM NO 18 FAILED Y19 N21Minor
- Apr 8(H) AM NO 17 FAILED Y19 N21Minor
- Apr 8(H) AM NO 16 NOT OFFERED
- Apr 8(H) AM NO 15 ADOPTED UCMajor
- Apr 8(H) AM NO 14 NOT OFFERED
- Apr 8(H) AM NO 13 FAILED Y19 N21Minor
- Apr 8(H) AM NO 13 OFFERED AND PENDING
- Apr 8(H) AM NOS 8, 9, 10, 11, AND 12 NOT OFFERED
- Apr 8(H) AM NO 7 MOVED TO BOTTOM
- Apr 8(H) AM NO 6 NOT OFFERED
- Apr 8(H) AM NO 5 ADOPTED Y21 N19Major
- Apr 8(H) AM NO 4 MOVED TO BOTTOM
- Apr 8(H) AM NO 3 ADOPTED UCMajor
- Apr 8(H) AM NO 2 NOT OFFERED
- Apr 8(H) AM NO 1 MOVED TO BOTTOM
- Apr 8(H) FIN CS ADOPTED UC
- Apr 8(H) READ THE SECOND TIMEMinor
- Apr 8(H) RULES TO CALENDAR 4/8/2026
- Apr 8(H) DEADLINE FOR ALL AMS AT 5:00 P.M. TODAY UC
- Apr 8(H) AM: GALVIN, TOMASZEWSKI, HANNAN, MOORE, BYNUM, ALLARD, STAPP
- Apr 8(H) DP: JIMMIE, JOSEPHSON, FOSTER, SCHRAGE
- Apr 8(H) FIN RPT CS(FIN) NEW TITLE 4DP 7AM
- Apr 1(H) Minutes (HFIN)Introduced
Taxes & BudgetEducationHousing