This amendment updates the rules for calculating unemployment benefits and increases the extra money paid for dependents, but it was withdrawn before becoming law.
Alaska2026Passed Legislature
HB302
Alaska Travel Insurance Tax Rules and New Limited Licenses
Last scannedAug 22, 2026, 12:25 AM
In one sentence
This law sets rules for taxing travel insurance sold to Alaska residents, defines key industry terms, and creates specific limited licenses for selling rental car insurance and portable electronics protection.
What it does
- Defines legal meanings for 'travel insurer,' 'group travel insurance,' 'blanket travel insurance,' 'primary policyholder,' 'premium tax credit,' and other related terms.
- Requires that taxes on travel insurance premiums be paid only when the buyer is an Alaska resident or a business with its main office in Alaska.
- Mandates that insurers keep records of where their customers live or do business to determine if state taxes apply.
- Instructs insurers to report tax amounts based only on the cost of travel insurance, excluding fees for trip cancellation waivers or travel assistance services.
- Allows the director of insurance to issue limited licenses specifically for selling portable electronics protection and motor vehicle rental agency insurance.
Who it affects
- Travel insurance companies that sell policies in Alaska
- Individuals who buy travel insurance while living in or running a business from Alaska
- Rental car agencies offering short-term rentals with optional insurance coverage
- Vendors selling portable electronics protection plans
Limits and unknowns
- The text does not state the exact dollar amount for any taxes or fees.
- Details about how insurers must split tax amounts across different states are left to existing rules and regulations.
- Specific training requirements for employees selling portable electronics insurance were cut off in the provided source.
Plain language
Terms to know
- Travel insurer
- A company that sells travel insurance policies.
- Primary policyholder
- An individual who buys a single-person travel insurance plan.
- Blanket travel insurance
- Insurance coverage issued to an eligible group rather than one person.
- Limited producer license
- A special permit that allows a person or business to sell only specific types of insurance, not all kinds.
Official record
Sources
Official summary
TRAVEL INSURANCE; UNEMPLOYMENT BENEFITS An Act relating to travel insurance; relating to the business of insurance; relating to exceptions to prohibited rebates; relating to the powers of the director of the division of insurance; relating to prohibited practices in the advertisement of insurance; relating to unemployment benefits; and providing for an effective date.
Official activity
Bill history
- (H) EFFECTIVE DATE(S) OF LAW SEE CHAPTER3162
- (H) LAW W/O GOV SIGNATURE 6/30 CH 52 SLA 263162
- (H) 10:55 A.M. 6/16/26 TRANSMITTED TO GOVERNOR3096
- (H) MANIFEST ERROR(S)3056
- (H) COSPONSOR(S): EISCHEID3012
- (H) TITLE CHANGE: SCR 283000
- (H) EFFECTIVE DATE(S) SAME AS PASSAGE3000
- (H) CONCUR AM OF (S) Y34 N63000
- (H) CONCUR MESSAGE TAKEN UP2999
- (H) CONCUR MESSAGE RECEIVED2999
- (S) VERSION: SCS CSHB 302(TRA) AM S2905
- (S) TRANSMITTED TO (H) AS AMENDED2905
- (S) EFFECTIVE DATE(S) SAME AS PASSAGE2889
- (S) PASSED Y14 N62889
- (S) AUTOMATICALLY IN THIRD READING2889
- (S) AM NO 3 OFFERED AND WITHDRAWN2889
- (S) AM NO 2 ADOPTED Y14 N62883
- (S) ENGROSSMENT WAIVED, RULE 43(B)2874
- (S) MOVED TO BOTTOM OF CALENDAR2857
- (S) AM NO 1 OFFERED AND WITHDRAWN2849
Changes
Amendments
3 stored
This amendment updates unemployment insurance rules by adding a new list that matches higher wages to larger weekly payments and increases the extra money paid for dependents.
This amendment adds new rules requiring most employers in Alaska to provide employees with a specific amount of paid sick leave that can be used for health issues, family care, or safety needs.