Senate Majority Bipartisan Coalition Website

State Senator District E

Senate Majority Leader

 

Senator Cathy Giessel Newsletter

UPDATES



Issues affecting

your family, community and jobs.

 

 

May 12, 2026

 

 

Dear friends and neighbors,

 

Yes, this is an "extra" newsletter.

I send these every couple days in the last few days of a session, so you can keep up on some of the things we are doing.

Budget is primary.

Floor sessions will be passing a lot of bills.

 

We are now in the "24 Hour Rule", meaning schedules will change with only 24 hour notice.

 

Photo: 2026 Budget Conference Committee

 

Senate Members:

Sen. Hoffman, chair

Sen. Stedman

Sen. Cronk

 

House Members:

Rep. Josephson

Rep. Schrage

Rep. Stapp

 

Budget Conference Committee work is a mystery unless you know the system. Here is "Budget Conference Committee 101"

 

What is Budget Conference Committee?

This is the committee that decides the final Budgets.

 

If both the House and Senate agree on every item in the budget, we simply vote to accept the Budget. But that never happens. Each body has their particular funding priorities.

·    This year the House constructed an Operating Budget with $260 million deficit.

·    The Senate's budget had a surplus buffer of about $150 million.

·    So the Conference Committee was established.

 

The Uniform Rules defining Conference Committees

If one body refuses to concur in amendments of the other it so notifies the other. If the other body refuse to recede, the presiding officer of each body appoints 3 members to sit as a Conference Committee.

The committee meets and reaches agreement on previously adopted amendments to a bill, then submits an identical report to each body. If the report is accepted by both bodies, the bill is transmitted to the governor.

 

If the members of the Conference Committee cannot agree on amendments, or if one or both bodies refuses to adopt the committee report, the Conference Committee askes for limited powers of Free Conference but only on the specific points of disagreement.

 

If the members of the Limited Free Conference Committee cannot agree, a Free Conference Committee is appointed. The previous members of the Conference Committee and Limited Free Conference Committee may not be appointed to the Free Conference Committee.

 

There are 3 members from each body appointed to the Free Conference Committee. The Free Conference Committee can offer amendments to the bill that may not have been in the previous bill. But the changes cannot be so extensive as to require a title change to the bill.

 

2026 Budget Conference Committee

It is expected that the House and Senate will have different items and amounts in their versions of the bill. Quickly dispensed with are the items that are identical. Also quickly agreed to are many items.

Then come the items that must be negotiated.

 

Meetings of the Conference Committees are very perfunctory

The negotiations are done behind the scenes. During the public meeting, the chair, which alternates each year between House and Senate, simply goes down the list of items agreed to and states “House” or “Senate”. This indicates which budget item and amount have been accepted.

 

This year the Senate is the chair, who is Sen. Hoffman The vice chair is Rep. Josephson. The 3 committee members from each body are 2 Majority members and 1 minority member. This year other committee members are House: Rep. Schrage, Rep. Stapp. Senate: Sen. Stedman, Sen. Cronk.

 

For the audience watching, it means nothing unless you have a copy of the “motion sheets” which list each item under consideration. The motion sheets are sent out before each Conference Committee meeting. Motion sheets will come out soon and will be linked here for you to see.

 

As you look at the motion sheets, the Department is top right, boxes below list the issue, then columns "House change" and "Senate change". Last column on the right is "Version Adopted". That is where the committee will say which budget they are adopting on that topic. You will note that the "Senate change" column is often blank; that's where the Senate eliminated or de-funded that item.

 

The Conference Committee will meet several times to make budget decisions (May 11, first meeting link here)

When they become available, you will look at the motion sheets. You will see "versions adopted" columns, H or S. This is where the committee will indicate which budget version adopted on that item yet. Each meeting they will go through a few more agreed upon items.

 

Items in this Newsletter:

·     Podcast: With All Due Respect, Clara Peller's Pipeline: Where's the Beef?

·     Senate Floor Sessions

·     Finance Committee Meetings

·     Resources Committee Meetings

·     Senate Passes a Balanced FY27 Operating Budget with $46 Million in Reserves for 2027 Supplemental Needs

·     Happy Nurses Week

·     AFD Wildfire Division

·     Department of Transportation and Public Facilities Updates

·     Oil and Gas Pipeline Topics with Current Topics, Stuff I Found Interesting, Arctic Issues, Economy, Education, Politics, Healthcare

·     Resource Values, Permanent Fund Data

·     Alaska History

 

 

 

 

Podcast: With All Due Respect

Clara Peller's Pipeline: Where's the Beef?

May 09, 2026

Hosts: Andrew Halcro and Ethan Berkowitz



An Alaska Gas Development corporation board member pens a political hit piece that we explain is all bun... and no beef.

 

 

 

Senate Floor Sessions

 

May 7th - Floor Recording

·     SB 174 Invasive Species Management

·     HB 263 – Approp: Operating Budget; Funds; Supp

·     HB 265 – Approp: Mental Health Budget

 

May 8th - Floor Recording

·     SB 89 – Physician Assistant scope of practice

·     SB 272 – Health information exchange

·     SB 111 – Digital Product Repair

·     SB 170 – Gaming; Electronic Pull-Tabs

·     SB 174 – Invasive Species Management

·     HJR 44 – Support Native Corp Business Develop Prgm

·     HJR 32 – Rural Health Transformation Program

·     HJR 38 – Public Safety Telecommunicators Public Safety

·     HJR 45 – Support Special Education Funding

 

May 11th - Floor Recording

·     HB 263 – Approp: Operating Budget; Funds; Supp

·     HB 265 – Approp: Mental Health Budget

·     SB 282 – Military: JT Armed SVCS committee

·     SB 249 – Virtual Currency Kiosks

·     HB 1 – Specie as Legal Tender

·     SB 111 - Digital Product Repair

·     SB 170 - Gaming; Electronic Pull-tabs

·     HJR 44 – Support Native Corp Business Develop Prgm

·     HCR 9 – Declaration of Independence Anniversary

 

 

 

Senate Finance Committee Meetings

 

May 7th - 9:00am - Recorded Meeting, Documents

·     HB 27 - Medical Major Emergencies

·     HB 133 - Payment of Contracts

 

May 7th - 1:30pm - Recorded Meeting, Documents

·     SB 178 - Expand Early intervention Services

·     HB 173 - Occupational Therapy Licensure Compact

 

May 8th - 9:00am - Recorded Meeting, Documents

·     SB 162 - Specie as legal tender

·     HB 10 - Add faculty member Univ board of Regents

 

May 11th - 1:30PM - Recorded Meeting, Documents

·     HB 28 - Teacher/State Employee Student Loan Program

·     SB 110 - Museum Construction Grants

 

 

Senate Resources Meetings

May 7th - 9:00am - Recorded meeting, Presentation

·     SB 280 - Supporting A Gasline for Alaskans Act



May 8th - 3:30pm - Recorded meeting

·     Consideration of Governor's Appointees



May 11th 3:30pm - Recorded meeting,

·     SB 280 - Supporting A Gasline for Alaskans Act

 

 

Senate Passes a Balanced FY27 Operating Budget with $46 Million in Reserves for 2027 Supplemental Needs

 

The Alaska State Senate passed a balanced FY27 operating budget (House Bill 263) by a 17-3 vote, built on a conservative oil price estimate of $73 per barrel and leaving $46 million in reserve for next year's supplemental needs. The budget funds core state services across all agencies while maintaining fiscal stability, and includes notable investments in wildfire suppression ($60.6 million), disaster relief ($48 million), and a $272.2 million federal appropriation for rural health transformation.

 

A major focus of the budget is energy relief for Alaskans feeling the pinch of high fuel costs. On top of the formula-driven $1.27 billion for K-12 education, the Senate added $140 million more for school districts, including $29.1 million in energy relief grants. Communities will receive a full $30 million in assistance payments plus an additional $20 million to offset fuel and shipping costs, and individual Alaskans will see a $150 energy relief payment added to their Permanent Fund Dividend. The budget also funds studies on the rising cost of corrections and K-12 funding adequacy to help future lawmakers make more informed decisions. It now heads to the House for a concurrence vote.

 

Link to Full Press Release

 

Items added on May 7:

$1 Million to pay for potential 30-day Special Session

$650 Million requested by Governor, pay for Elections security, ballots, postage-paid ballots

 

Floor Session Video (Full) Below.

 

"Full PFD" amendment: $2.5 Billion (leaving $1.5 Billion to fund state services)

 

 

 

 

 

Department of Transportation and Public Facilities Updates:

 

 

05.07.26 The Denali Highway is Now Open for Public Travel

 

The Denali Highway is officially open for the season! After crews from Cantwell and Paxson began work from both ends of the 135-mile route in mid-April, they met in the middle on May 1, completing snow removal and culvert thawing to restore safe driving conditions. Alaska DOT&PF will continue regular maintenance through October 1.

 

Drivers should plan accordingly — current conditions include soft spots and rough patches, with an advisory speed limit of 35 mph in effect. Travelers are encouraged to come prepared with emergency supplies, including food, water, a first aid kit, weather-appropriate clothing, and a spare tire. Seasonal weight restrictions are also in effect.

 

For real-time road conditions and travel alerts, visit 511.alaska.gov or download the Alaska 511 app.

 

Link to Full Press Release

 

05.08.26 The McCarthy Road is Now Open for Public Travel

 

The McCarthy Road is now open for public travel, with Alaska DOT&PF performing regular maintenance through October 1. Current conditions are fair to difficult due to soft shoulders and wet, rough roadway, with an advisory 35 mph speed limit in effect. The approximately 60-mile gravel road follows the original Copper River and Northwestern Railway grade through Wrangell-St. Elias National Park, providing access to one of Alaska's most remote and scenic destinations.

 

Travelers are urged to prepare thoroughly before making the trip — there are no gas stations, cell coverage, or camping facilities along the route, so bring emergency supplies including food, water, a first aid kit, seasonally appropriate clothing, and spare tires. Seasonal weight restrictions are also in effect.

 

For real-time road conditions and travel alerts, visit 511.alaska.gov or download the Alaska 511 app.

 

Link to Full Press Release

 

 

 

Oil and Gas Pipeline Topics

Dunleavy pushes skeptical senators to move forward with Alaska LNG tax cuts Alaska Public Media

In March, the governor proposed a six-cent tax on each 1,000 cubic feet of gas flowing through the pipeline from the North Slope to Southcentral Alaska. That would cut state revenue by about 90% when compared to the existing 20-mill property tax.

 

Senate president says gas pipeline bill unlikely to pass by May 20 adjournment, may result in special session Juneau Independent

Senate Majority Leader Cathy Giessel, R-Anchorage, noted state officials advocating for Dunleavy’s version of a gasline bill stated this week "they actually can go forward without this bill. They don't need this bill authorizing them to proceed," she said. "They have the permits. They've got the (Federal Energy Regulatory Commission) authorization." A bill introduced March 20 by Dunleavy contained tax rates and exemptions that would result in about $75 million in annual state and local revenues once the project was fully operational, compared to roughly $1 billion under current state law. The House and Senate are each working on differing versions of gasline bills, but they all seek far higher revenue than the governor for the state and municipalities affected by the pipeline’s infrastructure.

 

A few simple gasline questions need to be answered - The Alaska Landmine

 

Canada, Finland and US push forward on next-gen icebreaker program Navaltoday

Officials from the three countries met in Helsinki from May 6 to 7 to coordinate priorities for the next phase of the trilateral initiative, which focuses on strengthening industrial cooperation, accelerating shipbuilding timelines and enhancing Arctic capabilities.

 

Current Topics

Legislature approves extra legal help for Alaskans who can’t afford attorneys Alaska Beacon

The state Senate voted 17-3 to pass House Bill 48 and give the corporation 25% of all state court filing fees, up from 10%. The change is worth an extra $400,000 to the corporation.

 

Rising shipping fees at Don Young Port of Alaska could lead to higher grocery bills Anchorage Daily News

Without more funding to cover extensive renovations at the Don Young Port of Alaska, increased shipping fees could eventually cost an Anchorage family of four an average of $1,500 per year.

 

‘We’re kind of on our own up here:’ Sen. Murkowski on new federal aid for rural villages, Halong recovery. Alaska News Source

“I wish that I could say that this is going to be a real leg up for these communities, but again, in every one of the communities that have been identified you are already looking at fuel prices that are nearing $7, $8 presently,” Murkowski said. “So again, when you see that spring barge come in, you are looking at doubling of those prices. So $4 million, lots of money to help a good handful of communities. Not enough, certainly. So we have more that can be done.

 

Alaska air carriers warn of price hikes, service cuts amid surging fuel costs without federal intervention - Anchorage Daily News

Alaska’s rural air carriers say soaring fuel prices could result in reduced services or increased prices unless federal officials step in and help offset the unexpected expense.

 

Juneau lawmaker’s bill to boost legal aid funding for vulnerable Alaskans heads to the governor. Alasak Public Media

The bill, if signed into law, would boost funding to the Alaska Legal Services Corporation. It’s a nonprofit that provides free civil legal aid to low-income Alaskans, targeting issues like housing disputes, domestic violence and tribal self-government. Right now, state law sets aside 10% of the fees paid annually to the Alaska Court System to go to the nonprofit. Hannan’s bill would amend the state statute to increase that to 25%. That would provide an estimated $400,000 in additional funding to the nonprofit. 

 

 

Stuff I found Interesting

Anchorage international airport jumps into first for cargo volume in the US Anchorage Daily News

The Ted Stevens Anchorage International Airport has reached new heights, becoming the largest cargo hub in the U.S. last year.

 

Opinion: AIDEA’s money is our money, and a pot of gold under legislators’ noses Anchorage Daily News

AIDEA has lost money in 17 of the last 35 years, writing off $294 million in project assets, including the Healy Clean Coal project, Alaska Seafood International, the Seward Coal Facility, the Skagway Ore Terminal and the Mustang oil venture.

 

Anchorage adds fines for feeding wildlife after series of eagle incidents. Alaska Public Media

There have been concerns for decades around residents allowing local bears to get into trash cans or bird feeders. But it was this series of eagle encounters that led Anchorage officials to recently add fines for those who feed wildlife in the city.

 

Economy

Alaskans have low confidence in state economy, survey says. Alaska Public Media

New survey results show Alaskans’ confidence in the economy is at nearly the lowest point since the survey began 16 years ago. Pollster Ivan Moore of Alaska Survey Research said Alaskans are decidedly pessimistic about their economic conditions.

 

Another new low on sentiment Axios

Americans' attitudes toward the economy keep plumbing new depths, at least according to one long-running survey of consumers' outlook. The preliminary May reading of the University of Michigan consumer sentiment index fell to 48.2, from 49.8 in April. It is the second consecutive new low in a data series that's been consistently collected since the late 1970s.

 

Education

Alaska lawmakers raise education lawsuit conflict concern for attorney general designee Alaska Beacon

Stephen Cox currently leads the Alaska Department of Law, which is defending the state in a lawsuit that challenges the constitutionality of spending state homeschool funds on religious and private school tuition. He is also the treasurer and a founding member of the Thomas More Classical School, a private Christian school for grades Kindergarten through sixth grade, slated to open in Anchorage in the fall, whose website invites the use of state homeschool funding for nonreligious courses.

 

Opinion: The classroom door has become a revolving one for Anchorage educators Anchorage Daily News

As elementary principals who have served this district for decades, we have watched the foundation of our schools erode. Last year alone, the Anchorage School District lost more than 400 teachers. This is on top of the recent layoff and displacement of teachers due to continued district funding, which causes loss of morale. Over the past four years, more than 1,500 teachers have departed. Most alarming is that nearly half of these resignations come from teachers in their first five years. We are losing the very people meant to be the future of Alaska’s education system.

 

 

Elections

Gov. Dunleavy introduces new elections bill days after vetoing last version Anchorage Daily News

 

Dunleavy introduces new elections bill days after vetoing a similar one — with 13 days left in session Alaska News Source

After vetoing the Legislature’s election reform bill last week, Gov. Mike Dunleavy requested a do-over with a largely similar elections bill Thursday. It includes a new signature verification process and delays implementation past the November general election.

 

Alaska still has a path to stronger election integrity The Alaska Landmine

 

 

Energy

Time to look at Susitna hydro once more Reporting From Alaska

 

 

Healthcare

Alaska Legislature asks federal government for more flexibility on rural health funding. Alaska Public Media

The Legislature’s healthcare liaison told lawmakers that short timeline is challenging in rural Alaska, where a missed barge delivery or poor weather can lead to long delays. Another source of heartburn is a series of commitments the state Department of Health made in its application to the federal government. It said the Legislature would pass a series of license compacts, which make it easier for healthcare providers from outside the state to practice in Alaska, and another measure allowing pharmacists to treat routine chronic conditions and minor illnesses.

 

 

Mining

Hecla investigates Greens Creek upgrades North of 60 Mining News

Greens Creek is already the largest silver-producing mine in North America and a cornerstone asset for Hecla Mining Company. Now, the Idaho-based miner believes substantially more value can be extracted from both the ore and tailings at the Southeast Alaska operation while also reducing long-term environmental management and reclamation costs.

 

 

Politics

Trump administration transfers land to state to support Ambler Road and Alaska LNG Anchorage Daily News

The Trump administration said that it transferred 1.4 million acres of land to the state of Alaska to support development of the 200-mile Ambler Road in an effort to open up access for mining in a remote Arctic region.

 

What Recent Federal Funding Decisions Mean for Alaska Public Media Alaska Public Media

A federal judge recently ruled that an executive order issued by Donald Trump to restrict certain federal support for NPR and PBS was unconstitutional.

 

 

Alaska Resource Values

 

Alaska North Slope crude oil price (05/07/2026): $111.33

FY26 budget (beginning 7/1/25) is fully funded at

$64/barrel of oil.

History of prices:

3/23/2026: $101.05 (Iran War)

12/17/25: $60.06

9/20/24: $63.63

9/30/23: $87.99

9/30/22: $86.91

6/29/22: $116.84

3/08/22: $125.44

12/22/21: $75.55

March 2020: $12.29 (COVID)

7/3/2008: $144.00

ANS production (5/7/26):450,956 bpd

 

Precious Metal Prices

May 11, 2026

Gold - $4761.99

Silver - $87.45

Platinum - $2121.30

Copper - $6.44

Palladium - $1524.50

Rhodium - $9,975

 

Alaska Permanent Fund

website

How is the Fund invested? Alaska Senate Finance Committee, presenters: Callan, Investment Advisors. Callan said that APF is "one of the best run portfolios among our clients".

February 25, 2026 Link to meetingMeeting Notes.



Fund value May 08, 2026 - $90,539,800,000

 

PFD payout from ERA, Fiscal years 1982-2025: about $31.3 billion

Over $100 billion total earnings over lifetime of the Permanent Fund

 

 

Alaska History

·     1926, May 13 – Dirigible Norge landed in Teller as first airship to pass over the North Pole

·     1945, May 17 – First commercial long-distance call from Fairbanks

·     1906, May 17 – Native Allotment Act

·     1859, May 19 – First American scientific expedition to Russian America, Chicago-Ft. Yukon

·     1984, May 23 – First live radio broadcast from Denali’s summit

·     1977, May 24 – First weld on Trans-Alaska Pipeline

·     1867, May 24 – Congress (Senate) ratified Alaska Purchase

·     1898, May 27 – construction began on White Pass and Yukon Railroad

·     1867, May 28 – President Andrew Johnson signed Alaska Purchase

·     1979, May 29 – First dog team reached Denali summit

·     1936, May 29 – 200 Matanuska Valley settlers selected by lottery

·     1898, May 30 – 124 boats, more than 30,000 men left Lake Bennett for Dawson City

 

 

Feedback is always welcome.

Have a great week!

 

Cathy 

 

Personal Contact:

907.465.4843

sen.cathy.giessel@akleg.gov

 

Past Newsletters on my website



My Staff:

·     Chief of Staff: Jane Conway (from Soldotna)

·     Resources Committee Staff: Paige Brown (from Anchorage/Girdwood)

·     Office Manager: Samantha Freeborn (from Anchorage)

·     Staff: Deneen Tuck (from Anchorage)



Copyright © 2026. All Rights Reserved.

 

 

 

Senator Cathy Giessel's Newsletter | 12701 Ridgewood Rd | Anchorage, AK 99516 US