HB 435

Community development district; Act 2025-294, which authorized annexation of certain district by a wet municipality, repealed

State employees, cost-of-living increase for fiscal year beginning October 1, 2026

Homestead Exemptions; removing the annual verification requirement for qualifying permanently and totally disabled veterans

Supplemental appropriations from the Education Trust Fund for the fiscal year ending September 30, 2026

Education Trust Fund Advancement and Technology Fund, appropriations for the fiscal year ending September 30, 2026

FY27 2% Teacher Pay Raise and Retiree Longevity Bonus

Individual income taxes, to allow an exclusion from gross income for contributions to Trump Accounts and to make permanent the exclusion for amounts paid by an employer on any qualified education loan.

Reckless Stunt Driving; a motor vehicle involved in a second offense of reckless stunt driving; replace the forfeiture penalty

Relating to sales tax on construction materials

An Act relating to the taxation of certain natural gas project property and related facilities; relating to local contributions for public school funding; relating to municipal property taxes; relating to the Alaska Gasline Development Corporation and funds of the Alaska Gasline Development Corporation; relating to reporting requirements for natural gas pipeline projects; creating the Alaska affordable heating fuel fund; relating to approval of contracts by the Regulatory Commission of Alaska and inflation adjustment of the maximum price of natural gas; establishing an income tax on certain entities producing or transporting oil or gas in the state; relating to an alternative volumetric tax on natural gas throughput; relating to a municipal impact grant program and fund; relating to agreements and a payment related to a natural gas project; and providing for an effective date.

Public utilities: rates; disclosure of uses of increased revenue; require to be provided with rate increase requests.

Various Revenue Laws Changes.

Subtraction Modification - Public Safety Retirement Income