HB 184·AK·house
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.
Signed into LawFiled Apr 11, 2025
Sponsor: Andi Story (D)
Latest Action
(H) EFFECTIVE DATE(S) OF LAW 9/16/26
Jun 20, 2026
Summary
The act expands the Alaska Industrial Development and Export Authority’s (AIDEA) purpose and powers so it can fund new workforce housing with three or more units. It also makes certain AIDEA assets automatically exempt from municipal property taxes. The changes take effect on September 16, 2026 after repealing two outdated sections of the State Land Act.
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