AlaskaSchool fund may pay for Mt. Edgecumbe construction and repairs
The education department may use a state school fund for approved district projects and construction or major repairs at Mt. Edgecumbe High School.
What it does
The education department may use the school fund for grants to certain regional and small municipal districts, plus construction and major maintenance at Mt. Edgecumbe High School.
The account may fund approved construction and major maintenance projects for regional areas, small municipal districts, and Mt. Edgecumbe High School.
Legislative appropriations and interest earned by the fund are deposited into that account.
Argument forAllowing fund payments for Mt. Edgecumbe projects could give the school another source of money for construction and major repairs.
Argument againstRemoving the $70 million balance cap may let more money remain unobligated in the fund, potentially limiting legislative oversight of available school-facility funds.
More detail
The education department may make payments from the school fund for approved projects. Payments may support regional educational attendance areas, small municipal school districts, and construction or major maintenance at Mt. Edgecumbe High School. The payments are in addition to other appropriations and funding sources. Projects must be approved under the applicable school construction and major maintenance law.
The school fund is used to pay approved school construction and major maintenance projects. The account covers projects in regional educational attendance areas, small municipal school districts, and at Mt. Edgecumbe High School. The fund supplements other funding sources. The law states that the fund's primary function is school construction.
Legislative appropriations, including interest earned on the fund, are deposited into the school fund. The rule applies to money appropriated by the legislature and interest earned by the fund.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Sep 30(H) FN2: (EED)Latest
- Sep 30(H) FN(S) ATTACHED TO APPROP. BILL HB 263
- Sep 30(H) LEG FINANCE APPROPRIATION MESSAGE 9/8/26
- Sep 30(S) LEG FINANCE APPROPRIATION MESSAGE 9/8/26
- Jun 19(S) EFFECTIVE DATE(S) OF LAW 9/16/26Major
- Jun 19(S) LAW W/O GOVERNOR SIGNATURE 6/18 CHAPTER 13 SLA 26Major
- Jun 4(S) 10:14 A.M. 6/1/26 Transmitted to GovernorTo Governor
- May 20(S) CONCUR AM OF (H) Y20 N-
- Vote recorded (S) CONCUR AM OF (H) Y20 N- #2819. Result: pass.Upper
- May 20(S) CONCUR MESSAGE READ AND TAKE UP
- May 19(H) VERSION: HCS SB 146(FIN)
- Vote recorded (H) PASSED Y39 A1 #2897. Result: pass.Lower
- May 19(H) TRANSMITTED TO (S) AS AMENDEDMajor
- May 19(H) PASSED Y39 A1Major
- May 19(H) READ THE THIRD TIME HCS SB 146(FIN)Minor
- May 19(H) ADVANCED TO THIRD READING UCMinor
- May 19(H) TITLE CHANGE: HCR 13
- May 19(H) FIN HCS ADOPTED UC
- May 19(H) READ THE SECOND TIMEMinor
- May 18(H) NOT TAKEN UP 5/18 - ON 5/19 CALENDAR
- May 18(H) RULES TO CALENDAR 5/18/2026
- Mar 30(H) FN2: (EED)
- Mar 30(H) DP: BYNUM, MOORE, GALVIN, STAPP, JOSEPHSON, FOSTER, SCHRAGE
- Mar 30(H) TITLE CHANGE: HCR 13
- Mar 30(H) FIN RPT HCS(FIN) NEW TITLE 7DP
- Mar 27(H) Moved HCS SB 146(FIN) Out of Committee
- Mar 27(H) FINANCE at 01:30 PM ADAMS 519
- Mar 26(H) Heard & Held -- Please Note Time Change --
- Mar 26(H) FINANCE at 09:00 AM ADAMS 519
- Feb 23(H) FIN
- Feb 23(H) READ THE FIRST TIME - REFERRALSMinor
- Feb 18(S) VERSION: SB 146
- Vote recorded (S) PASSED Y17 N3 #1717. Result: pass.Upper
- Feb 18(S) TRANSMITTED TO (H)Passed House
- Feb 18(S) PASSED Y17 N3Passed Senate
- Feb 18(S) READ THE THIRD TIME SB 146Minor
- Feb 16(S) ADVANCED TO THIRD READING 2/18 CALMinor
- Feb 16(S) FN2: (EED) ADOPTED UC
- Feb 16(S) READ THE SECOND TIMEMinor
- Feb 16(S) RULES TO CALENDAR 2/16/2026
- 2025
- May 12(S) Minutes (SFIN)
- May 12(S) Moved SB 146 Out of Committee
- May 12(S) FINANCE at 09:00 AM SENATE FINANCE 532
- May 12(S) FN1: (EED)
- May 12(S) NR: KAUFMAN, MERRICK
- May 12(S) DP: OLSON, STEDMAN, HOFFMAN, CRONK, KIEHL
- May 12(S) FIN RPT 5DP 2NR
- Apr 4(S) Minutes (SFIN)
- Apr 4(S) Heard & Held
- Apr 4(S) FINANCE at 09:00 AM SENATE FINANCE 532
- Mar 26(S) FIN
- Mar 26(S) READ THE FIRST TIME - REFERRALSIntroduced
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