Alaska HB124 - Alaska Industrial Development and Export Authority Bill

Alaska Legislative Events

Published March 5th, 2025

Detected April 2nd, 2026

Summary

Alaska House Bill 124 failed in the House on March 2, 2026, with a 19-20 vote against referring the bill to the Judiciary Committee. The bill would have modified the Alaska Industrial Development and Export Authority (AIDEA) governance, bond issuance authority, and loan programs. Since the bill did not pass, no new obligations were created.

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What changed

Alaska House Bill 124 failed to advance after the House voted 19-20 against a motion to refer the bill to the Judiciary Committee on March 2, 2026. The bill, introduced March 5, 2025, sought to modify the Alaska Industrial Development and Export Authority (AIDEA) by changing governance structures, bond and bonding authority, loan programs, and public records provisions. The sponsors were Representatives Ashley Carrick and Genevieve Mina.

Since HB124 failed to pass, no compliance action is required. The bill had no legal effect and does not impose any new requirements on AIDEA, state agencies, or other parties. Entities that may have been monitoring this legislation for potential impacts to development financing, bond programs, or economic development initiatives can disregard this bill entirely.

Source document (simplified)

ChangeBridge / Alaska / HB124 Failed HB124 House Bill Failed 2025-03-05

Aidea

An Act relating to the Alaska Industrial Development and Export Authority; and providing for an effective date.

Bill Details

State Alaska

Session 34th Legislature

Chamber House

Official Source www.akleg.gov/basis/Bill/Detail/34?Root=HB124

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Action History

2026-03-02 H MOTION TO REFER TO JUDICIARY, UR 39(B) FAILED Y19 N20 E1 2026-02-18 H REFERRED TO FINANCE 2026-02-18 H FN1: (CED) 2026-02-18 H AM: STORY 2026-02-18 H DNP: VANCE, MCCABE, ST. CLAIR 2026-02-18 H DP: HOLLAND, HIMSCHOOT, CARRICK 2026-02-18 H STA RPT CS(STA) 3DP 3DNP 1AM 2026-02-06 H COSPONSOR(S): MINA 2025-03-05 H STA, FIN 2025-03-05 H READ THE FIRST TIME - REFERRALS

Votes

2026-03-02 House: Refer to Judiciary Committee Yea: 19 Nay: 20

Committee Referrals

2025-03-05 H State Affairs 2026-02-18 H Finance

Bill Text Versions

2025-03-05 Introduced 2026-02-18 Comm Sub

Subjects

Appointments Bonds & Bonding Economic Development Executive Branch Finance Funds Governor Legislative Confirmation Loans Public Records Resources Legislative data powered by LegiScan (CC BY 4.0)