Alaska2026Passed Legislature
SB263
Ending the Child Care Facility Loan Program
Last scannedSep 21, 2026, 12:32 AM
In one sentence
This bill removes laws that created a loan fund and related accounts for child care facilities in Alaska.
What it does
- Repeals the law creating the child care facility revolving loan fund.
- Removes the account used to pay costs if loans are not repaid.
- Ends the program that gave money as loans to child care centers.
- Sets a date for when these changes start.
Who it affects
- Child care facilities in Alaska
- The state agency managing loan funds
Limits and unknowns
- The bill does not say what will happen to people who already have these loans.
- The text does not explain why the program is being removed.
Plain language
Terms to know
- Repeal
- To officially cancel or remove a law.
- Revolving Loan Fund
- A pool of money where loans are given out and paid back to be used again.
Official record
Sources
Official summary
CHILD CARE FACILITY LOAN FUNDS An Act repealing the child care facility revolving loan fund; repealing the child care facility revolving loan fund foreclosure expense account; repealing the child care facility revolving loan fund program; and providing for an effective date.
Official activity
Bill history
- (S) REFERRED TO FINANCE1929
- (S) FN1: ZERO(CED)1929
- (S) NR: DUNBAR, YUNDT1929
- (S) DP: BJORKMAN, GRAY-JACKSON1929
- (S) L&C RPT 2DP 2NR1929
- (S) Moved SB 263 Out of CommitteeText
- (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)Text
- (S) Heard & HeldText
- (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)Text
- (S) L&C, FIN1755
- (S) READ THE FIRST TIME - REFERRALS1755