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SB146 • 2026

REAA & SMALL MUNI FUND: MT. EDGECUMBE

An Act relating to the regional educational attendance area and small municipal school district fund; and relating to Mt. Edgecumbe High School.

Education
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
SENATE FINANCE
Last action
2026-06-19
Official status
CHAPTER 13 SLA 26
Effective date
Not listed

Plain English Breakdown

The source confirms the fund exists but does not list specific annual appropriation amounts or project selection criteria beyond general categories.

Funding for Regional Schools and Mt. Edgecumbe High School

This law creates a special fund in the state general fund to pay for school construction projects at regional educational attendance areas, small municipal school districts, and Mt. Edgecumbe High School.

What This Bill Does

  • Creates the 'regional educational attendance area and small municipal school district fund' as an account in the state general fund.
  • Allows the department to provide grant funding from this fund for regional educational attendance areas and small municipal school districts.
  • Permits using funds for construction and major maintenance projects at Mt. Edgecumbe High School.
  • Sets a limit so that unspent cash in the fund cannot exceed $70,000,000.

Who It Names or Affects

  • Regional educational attendance areas
  • Small municipal school districts
  • Mt. Edgecumbe High School

Limits and Unknowns

  • The law does not specify how much money will be put into the fund each year.
  • It is unclear which specific construction projects at Mt. Edgecumbe High School will receive funding first.

Bill History

  1. 2026-06-19 3021

    (S) EFFECTIVE DATE(S) OF LAW 9/16/26

  2. 2026-06-19 3021

    (S) LAW W/O GOV SIGNATURE 6/18 CH 13 SLA 26

  3. 2026-06-04 2960

    (S) 10:14 A.M. 6/1/26 TRANSMITTED TO GOVERNOR

  4. 2026-05-20 2819

    (S) CONCUR AM OF (H) Y20 N-

  5. 2026-05-20 2818

    (S) CONCUR MESSAGE READ AND TAKE UP

  6. 2026-05-19 2956

    (H) VERSION: HCS SB 146(FIN)

  7. 2026-05-19 2956

    (H) TRANSMITTED TO (S) AS AMENDED

  8. 2026-05-19 2898

    (H) TITLE CHANGE: HCR 13

  9. 2026-05-19 2897

    (H) PASSED Y39 A1

  10. 2026-05-19 2897

    (H) READ THE THIRD TIME HCS SB 146(FIN)

  11. 2026-05-19 2897

    (H) ADVANCED TO THIRD READING UC

  12. 2026-05-19 2897

    (H) FIN HCS ADOPTED UC

  13. 2026-05-19 2896

    (H) READ THE SECOND TIME

  14. 2026-05-18 2882

    (H) NOT TAKEN UP 5/18 - ON 5/19 CALENDAR

  15. 2026-05-18 2882

    (H) RULES TO CALENDAR 5/18/2026

  16. 2026-03-30 1991

    (H) FN2: (EED)

  17. 2026-03-30 1991

    (H) DP: BYNUM, MOORE, GALVIN, STAPP, JOSEPHSON, FOSTER, SCHRAGE

  18. 2026-03-30 1991

    (H) TITLE CHANGE: HCR 13

  19. 2026-03-30 1991

    (H) FIN RPT HCS(FIN) NEW TITLE 7DP

  20. 2026-03-27 Text

    (H) Moved HCS SB 146(FIN) Out of Committee

  21. 2026-03-27 Text

    (H) FINANCE at 01:30 PM ADAMS 519

  22. 2026-03-26 Text

    (H) Heard & Held -- Please Note Time Change --

  23. 2026-03-26 Text

    (H) FINANCE at 09:00 AM ADAMS 519

  24. 2026-02-23 1677

    (H) FIN

  25. 2026-02-23 1677

    (H) READ THE FIRST TIME - REFERRALS

  26. 2026-02-18 1720

    (S) VERSION: SB 146

  27. 2026-02-18 1720

    (S) TRANSMITTED TO (H)

  28. 2026-02-18 1717

    (S) PASSED Y17 N3

  29. 2026-02-18 1717

    (S) READ THE THIRD TIME SB 146

  30. 2026-02-16 1696

    (S) ADVANCED TO THIRD READING 2/18 CAL

  31. 2026-02-16 1696

    (S) FN2: (EED) ADOPTED UC

  32. 2026-02-16 1695

    (S) READ THE SECOND TIME

  33. 2026-02-16 1695

    (S) RULES TO CALENDAR 2/16/2026

  34. 2025-05-12 Min

    (S) Minutes (SFIN)

  35. 2025-05-12 Text

    (S) Moved SB 146 Out of Committee

  36. 2025-05-12 Text

    (S) FINANCE at 09:00 AM SENATE FINANCE 532

  37. 2025-05-12 1221

    (S) FN1: (EED)

  38. 2025-05-12 1221

    (S) NR: KAUFMAN, MERRICK

  39. 2025-05-12 1221

    (S) DP: OLSON, STEDMAN, HOFFMAN, CRONK, KIEHL

  40. 2025-05-12 1220

    (S) FIN RPT 5DP 2NR

  41. 2025-04-04 Min

    (S) Minutes (SFIN)

  42. 2025-04-04 Text

    (S) Heard & Held

  43. 2025-04-04 Text

    (S) FINANCE at 09:00 AM SENATE FINANCE 532

  44. 2025-03-26 622

    (S) FIN

  45. 2025-03-26 622

    (S) READ THE FIRST TIME - REFERRALS

Official Summary Text

REAA & SMALL MUNI FUND: MT. EDGECUMBE
An Act relating to the regional educational attendance area and small municipal school district fund; and relating to Mt. Edgecumbe High School.

Current Bill Text

Read the full stored bill text 
Enrolled SB 146
LAWS OF ALASKA

2026

Source Chapter No.
HCS SB 146(FIN) _______

AN ACT

Relating to the regional educational attendance area and small municipal school district fund;
and relating to Mt. Edgecumbe High School.

_______________

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:

THE ACT FOLLOWS ON PAGE 1

-1- Enrolled SB 146

AN ACT

Relating to the regional educational attendance area and small municipal school district fund; 1
and relating to Mt. Edgecumbe High School. 2
_______________ 3
* Section 1. AS 14.11.025(a) is amended to read: 4
(a) In addition to other appropriations and funding sources, the department 5
may make disbursements [PROVIDE GRANT FUNDING] from the fund 6
established under AS 14.11.030 to 7
(1) provide grant funding to a school district that is a regional 8
educational attendance area or a small municipal school district; and 9
(2) fund construction and major maintenance projects at Mt. 10
Edgecumbe High School. 11
* Sec. 2. AS 14.11.030(a) is amended to read: 12
(a) The regional educational attendance area and small municipal school 13
district school fund is created as an account in the general fund to be used, in addition 14

Enrolled SB 146 -2-
to other funding sources, to fund projects approved under AS 14.11.025 for the costs 1
of school construction and major maintenance in regional educational attendance 2
areas, in [AND] small municipal school districts, and at Mt. Edgecumbe High 3
School. The primary function of the fund is to fund school construction projects. 4
* Sec. 3. AS 14.11.030(b) is amended to read: 5
(b) Legislative appropriations, including appropriations of interest earned on 6
the fund, shall be deposited in the fund established under this section. [THE 7
UNOBLIGATED AND UNEXPENDED CASH BALANCE OF THE FUND MAY 8
NOT EXCEED $70,000,000.] 9