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HB184

HB184: AIDEA Workforce Housing Financing and Tax Exemption

Last scannedAug 22, 2026, 12:25 AM

In one sentence

This law adds a new purpose for the Alaska Industrial Development and Export Authority to finance workforce housing projects with three or more units and requires municipalities to exempt certain authority assets from property taxes.

What it does

  • Adds a specific purpose for AIDEA to provide financing for the construction of new workforce housing facilities containing three or more dwelling units.
  • Requires municipalities to grant a mandatory exemption from local property taxes on certain assets owned by the Alaska Industrial Development and Export Authority.
  • Repeals an old effective date rule found in section 2, chapter 64 of the Session Laws of Alaska from 2018.

Who it affects

  • The Alaska Industrial Development and Export Authority (AIDEA)
  • Municipalities in the state of Alaska

Limits and unknowns

  • The text does not specify which exact AIDEA assets qualify for the tax exemption beyond calling them 'certain assets'.
  • The provided bill excerpt ends before listing all powers of the authority, so some details may be missing.

Plain language

Terms to know

Workforce Housing
New housing facilities containing three or more dwelling units that AIDEA is authorized to finance.
Mandatory Exemption
A rule requiring cities to remove property taxes from specific assets owned by the authority without the option to deny it.

Official record

Sources

Validated
Official bill pageIntroduced textCurrent bill textStored full record

Official summary

AIDEA: WORKFORCE HOUSING DEV.; MUNI TAX An Act relating to financing by the Alaska Industrial Development and Export Authority for workforce housing development projects; relating to a mandatory exemption from municipal property taxes for certain assets of the Alaska Industrial Development and Export Authority; and providing for an effective date by repealing the effective date of sec. 2, ch. 64, SLA 2018.

Official activity

Bill history

  1. (H) EFFECTIVE DATE(S) OF LAW 9/16/263124
  2. (H) LAW W/O GOV SIGNATURE 6/18 CH 8 SLA 263124
  3. (H) 10:44 A.M. 6/1/26 TRANSMITTED TO GOVERNOR3042
  4. (H) EFFECTIVE DATE(S) ADOPTED Y39 N12681
  5. (H) CONCUR AM OF (S) Y22 N182680
  6. (H) TITLE CHANGE: SCR 242680
  7. (H) CONCUR MESSAGE TAKEN UP2680
  8. (H) CONCUR MESSAGE READ AND HELD2632
  9. (S) VERSION: SCS CSHB 184(FIN)2671
  10. (S) TRANSMITTED TO (H) AS AMENDED2671
  11. (S) CROSS SPONSOR(S): DUNBAR, KAWASAKI, CLAMAN, STEDMAN, WIELECHOWSKI2663
  12. (S) EFFECTIVE DATE(S) SAME AS PASSAGE2663
  13. (S) PASSED Y17 N32663
  14. (S) READ THE THIRD TIME SCS CSHB 184(FIN)2662
  15. (S) ADVANCED TO THIRD READING 5/15 CAL2643
  16. (S) FIN SCS ADOPTED UC2642
  17. (S) READ THE SECOND TIME2642
  18. (S) RULES TO CALENDAR 5/14/20262642
  19. (S) FN3: ZERO(CED)2622
  20. (S) NR: KAUFMAN, CRONK, MERRICK2622

Changes

Amendments

7 stored

AM 1

This amendment adds a statement clarifying that the Alaska Industrial Development and Export Authority already has the power to finance workforce housing, so this new law does not give them any extra powers.

AM 2

This amendment adds a statement clarifying that the new law does not allow state officials to promise taxpayer money or create financial liability for workforce housing projects.

AM 3

AM NO 3 FAILED Y19 N21 1715

AM 4

AM NO 4 FAILED Y19 N21 1716

AM 5

AM NO 5 FAILED Y20 N20 1717

AM 6

AM NO 6 FAILED Y19 N21 1718

AM 7

AM NO 7 FAILED Y19 N21 1720