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Alaska2026Passed Legislature

HB152

Alaska Education Tax Bill

Last scannedSep 21, 2026, 12:32 AM

In one sentence

This bill creates an education tax on the income of individuals, partners in partnerships, shareholders in S corporations, trusts, and estates, while repealing certain existing individual tax credits.

What it does

  • Imposes a 4% tax on taxable income over $150,000 for single filers or $300,000 for joint filers.
  • Requires individuals with wages or self-employment earnings in the state to pay an additional annual fee of $150.
  • Imposes a 4% tax on trust and estate income over $150,000 plus an annual $150 fee per entity.
  • Allows residents who paid income taxes to other states or political subdivisions to claim a credit against their new Alaska tax bill.
  • Repeals existing tax credits that individuals could previously use under the Alaska Net Income Tax Act.

Who it affects

  • Resident and nonresident individuals, partners in partnerships, shareholders in S corporations, trusts, and estates with income connected to Alaska
  • Nonresidents who earn income derived from or connected with a source in the state

Limits and unknowns

  • The bill does not specify the exact date when the new taxes will begin.
  • Trusts with all nonresident trustees and no Alaska-connected income are excluded from taxation.
  • Credits for taxes paid to other states cannot reduce the total tax owed below a specific calculated amount.

Plain language

Terms to know

Taxable Income
The amount of money earned that is subject to the new tax after deductions.
Special Needs Trust
A trust established solely for housing, living expenses, or medical care for a disabled beneficiary; these are exempt from this tax.

Official record

Sources

Validated
Official bill pageIntroduced textCurrent bill text

Official summary

EDUCATION TAX An Act establishing an education tax on the income of individuals, partners, shareholders in S corporations, trusts, and estates; repealing tax credits applied against the tax on individuals under the Alaska Net Income Tax Act; and providing for an effective date.

Official activity

Bill history

  1. (H) REFERRED TO FINANCE1950
  2. (H) FN1: (REV)1950
  3. (H) AM: ST. CLAIR1950
  4. (H) DNP: VANCE, MCCABE1950
  5. (H) DP: HOLLAND, HIMSCHOOT, STORY, CARRICK1950
  6. (H) STA RPT CS(STA) NEW TITLE 4DP 2DNP 1AM1950
  7. (H) Moved CSHB 152(STA) Out of CommitteeText
  8. (H) STATE AFFAIRS at 03:15 PM GRUENBERG 120Text
  9. (H) Heard & HeldText
  10. (H) STATE AFFAIRS at 03:15 PM GRUENBERG 120Text
  11. (H) Minutes (HSTA)Min
  12. (H) <Bill Hearing Canceled> -- Delayed to 10 minutes Following Session --Text
  13. (H) STATE AFFAIRS at 03:15 PM GRUENBERG 120Text
  14. (H) Minutes (HSTA)Min
  15. (H) Heard & HeldText
  16. (H) STATE AFFAIRS at 03:15 PM GRUENBERG 120Text
  17. (H) Minutes (HSTA)Min
  18. (H) Heard & HeldText
  19. (H) STATE AFFAIRS at 03:15 PM GRUENBERG 120Text
  20. (H) Minutes (HSTA)Min