SITKA, AK – The Governor signed the capital budget into law Wednesday evening. This year’s capital budget is primarily focused on addressing deferred maintenance issues burdening the state. Most projects included in this budget were selected from priority lists developed by the Governor’s administration.
Juneau, AK – Today, the Alaska State Senate approved Senate Bill 214, the Fiscal Year 2027 Capital Budget. This budget includes a prudent spending plan that allocates a total of $248 million from Unrestricted General Funds (UGF) and unlocks nearly $2 billion in federal matching funds for important projects across the state. A highlight of
JUNEAU, AK — Today, Senate Finance Co-Chair Bert Stedman (R-Sitka) introduced Senate Bill 221 to prohibit investments in or do business with DigitalBridge Group, Inc. or its affiliates. The bill addresses concerns outlined in an independent review by WilmerHale of a $75 million investment from the Constitutional Budget Reserve Fund (CBR) by former Department of
JUNEAU, AK— Today, the Alaska Senate approved a balanced and transitional operating budget for FY 2026. This budget secures essential services, prevents unsustainable draws from savings, and establishes a $150 million buffer to help the legislature weather the coming fiscal headwinds of $300–$600 million in FY 2027. The operating budget demonstrates a commitment to long-term
NEWS: Alaska Senate Passes a Balanced Transitional FY 2026 Operating Budget Read More »
Juneau, AK — Today, the Alaska Senate passed the Fiscal Year 2026 Capital Budget, Senate Bill 57, advancing a $2.9 billion plan emphasizing statewide infrastructure maintenance, public safety upgrades, and essential infrastructure investments. The capital budget includes $162 million in UGF spending—$119 million less than the Governor’s proposal—achieved through targeted reductions, fund reappropriations, and a
JUNEAU – Today at 1:00 p.m., the Alaska Senate gaveled in the 34th Alaska State Legislature. Senator Gary Stevens, R-Kodiak, was officially elected as Senate President by his colleagues. Senator Cathy Giessel, R-Anchorage, will serve as Majority Leader, and Senator Bill Wielechowski, D-Anchorage, will serve as Rules Chair. To complete the Majority’s leadership team, Senator
NEWS: Alaska Senate Gavels in the 34th Alaska State Legislature Read More »
ANCHORAGE, AK – Last week, the Joint Legislative Task Force on Evaluating Alaska’s Seafood Industry held its fourth round of meetings to continue discussing issues affecting the state’s seafood industry. The task force was created through Senate Concurrent Resolution 10 during the prior legislative session and has previously met over two-day sessions in September, October,
Anchorage, AK – Earlier this afternoon, Governor Mike Dunleavy released his proposed Fiscal Year 2026 budget, which must be submitted to the legislature by December 15 each year. The legislature will convene on January 21, 2025, to consider the proposed budget and other legislative priorities. Senate President Gary Stevens, R-Kodiak, issued the following statement:
ANCHORAGE – Today, the Alaska Senate Majority announced committee chairs for the 34th Alaska State Legislature. In November, the Senate Majority announced their leadership structure with Senator Gary Stevens (R-Kodiak) as Senate President, Senator Cathy Giessel (R-Anchorage) as Majority Leader, Senator Bill Wielechowski (D-Anchorage) as Rules Chair, Senator Kelly Merrick (R-Eagle River) as Majority Whip,
Anchorage, AK – This week, the Joint Legislative Task Force on Evaluating Alaska’s Seafood Industry completed its third round of meetings discussing solutions the legislature can undertake to bolster Alaska’s seafood industry. Task force members include Senator Gary Stevens, Chair, R-Kodiak, Senator Jesse Bjorkman, R-Nikiski, Senator Jesse Kiehl, D-Juneau, Senator Bert Stedman, R-Sitka, Representative Bryce Edgmon, I-Dillingham, Representative George
