Alaska2026Passed Legislature
HB255
Senior Citizen Grants Dividend Raffle Act
Last scannedSep 10, 2026, 12:32 AM
In one sentence
This bill creates new funds and a raffle system that allows people donating their Permanent Fund Dividends to support senior citizen organizations.
What it does
- Creates the Senior Citizen Grants Endowment Fund and the Senior Citizen Grants Dividend Raffle Fund.
- Allows adults who are 18 or older to donate part or all of their Permanent Fund Dividend to help groups that support senior citizens.
- Gives donors a chance to enter the Senior Citizen Grants Dividend Raffle when they contribute money.
- Updates the legal definition of gambling so it does not include this new dividend raffle.
Who it affects
- Alaska residents who are 18 or older and receive Permanent Fund Dividends
- Organizations that provide support services to senior citizens
- The Department of Revenue, which manages the program
Limits and unknowns
- The provided text does not list the exact prize amounts available in the raffle.
- The full details on how grants will be distributed to senior citizen organizations are missing from the excerpt.
- No specific start date for when these new funds or rules begin is listed in the metadata.
Plain language
Terms to know
- Permanent Fund Dividend
- An annual payment made by Alaska to its residents.
- Endowment Fund
- A fund created in this bill where money is kept for specific purposes related to senior citizen grants.
Official record
Sources
Official summary
SENIOR CITIZEN GRANTS DIVIDEND RAFFLE An Act relating to permanent fund dividend raffles; creating the senior citizen grants endowment fund and the senior citizen grants dividend raffle fund; authorizing donations from permanent fund dividends for grants to organizations that provide support for senior citizens and for entry into the senior citizen grants dividend raffle; relating to transfers from the senior citizen grants endowment fund and the senior citizen grants dividend raffle fund; relating to the duties of the Department of Revenue; and relating to the definition of 'gambling.'
Official activity
Bill history
- (H) <Bill Hearing Canceled>Text
- (H) COMMUNITY & REGIONAL AFFAIRS at 08:00 AM BARNES 124Text
- (H) Heard & HeldText
- (H) COMMUNITY & REGIONAL AFFAIRS at 08:00 AM BARNES 124Text
- (H) Minutes (HCRA)Min
- (H) Heard & HeldText
- (H) COMMUNITY & REGIONAL AFFAIRS at 08:00 AM BARNES 124Text
- (H) Minutes (HCRA)Min
- (H) Heard & HeldText
- (H) COMMUNITY & REGIONAL AFFAIRS at 08:00 AM BARNES 124Text
- (H) REFERRED TO COMMUNITY & REGIONAL AFFAIRS1451
- (H) CRA, FIN1451
- (H) READ THE FIRST TIME - REFERRALS1451
- (H) PREFILE RELEASED 1/16/261451