Alaska 32nd Legislature (2021-2022) Status: Enacted

SB 143 — An Act relating to horizontal property regimes and common interest communities; and relating to mortgages, deeds of trust, and other property liens.

Last action — (S) EFFECTIVE DATE(S) OF LAW 10/6/22

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  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 18, 2022. Enacted.

Prognosis

Likely to advance 70% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Cleared a recorded vote

    Passed 2 recorded votes so far.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

What changed in the latest version

20 added · 26 removed

Plain-language change summary

The latest version of SB 143 updates laws concerning horizontal property regimes and common interest communities by introducing new subsections related to mortgages and property liens. This change clarifies how these concepts interact in real estate, which is important for homeowners and property developers because it can affect property rights and financial agreements. By ensuring clearer regulations, the changes aim to simplify the process for managing shared properties and their associated legal responsibilities.

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32-LS0211\I (LIMITED RUN SHOWING ALL ADDITIONAL SPONSORSHIPS) SENATE BILL NO.
LAWS OF ALASKA Source Chapter No.
143 IN THE LEGISLATURE OF THE STATE OF ALASKA THIRTY-SECOND LEGISLATURE - SECOND SESSION BY SENATOR REVAK REPRESENTATIVE Nelson Introduced:
SB 143 _______ AN ACT Relating to horizontal property regimes and common interest communities;
1/18/22 Referred:
and relating to mortgages, deeds of trust, and other property liens.
Labor & Commerce A BILL FOR AN ACT ENTITLED "An Act relating to horizontal property regimes and common interest communities;
_______________ BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:
and relating to mortgages, deeds of trust, and other property liens." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:
THE ACT FOLLOWS ON PAGE 1 Enrolled SB 143 AN ACT Relating to horizontal property regimes and common interest communities;
* Section 1.
and relating to mortgages, deeds of trust, and other property liens.
_______________ * Section 1.
SB0143A -1- SB 143 New Text Underlined [DELETED TEXT BRACKETED] 32-LS0211\I (c) The association of apartment owners shall include in the notice provided under (b) of this section (1) a statement that the association intends to amend the declaration;
-1- Enrolled SB 143 (c) The association of apartment owners shall include in the notice provided under (b) of this section (1) a statement that the association intends to amend the declaration;
3.
3AS 34.08.250 is amended by adding new subsections to read:
AS 34.08.250 is amended by adding new subsections to read:
Enrolled SB 143 -2- (g) If a declaration requires an association to obtain the consent of a lienholder with a lien on the property before the association may amend the declaration, the association may obtain the consent of the lienholder under (h) - (n) of this section.
SB 143 -2- SB0143A New Text Underlined [DELETED TEXT BRACKETED] 32-LS0211\I (g) If a declaration requires an association to obtain the consent of a lienholder with a lien on the property before the association may amend the declaration, the association may obtain the consent of the lienholder under (h) - (n) of this section.
SB0143A -3- SB 143 New Text Underlined [DELETED TEXT BRACKETED] 32-LS0211\I (n) In (g) - (m) of this section, "lienholder" means a person that is a mortgagee, lender, or other holder of a lien on the property.
-3- Enrolled SB 143 (n) In (g) - (m) of this section, "lienholder" means a person that is a mortgagee, lender, or other holder of a lien on the property.
SB 143 -4- SB0143A New Text Underlined [DELETED TEXT BRACKETED]
Enrolled SB 143 -4-
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Action History

  1. (S) EFFECTIVE DATE(S) OF LAW 10/6/22

  2. (S) Signed into law 7/8 CHAPTER 36 SLA 22

  3. (S) 12:30 P.M. 7/1/22 Transmitted to Governor

  4. (H) VERSION: SB 143

  5. (H) RETURN TO (S), TRANSMIT TO GOV NEXT

  6. (H) PASSED Y37 N2 A1

  7. (H) READ THE THIRD TIME SB 143

  8. (H) ADVANCED TO THIRD READING 5/11 CALENDAR

  9. (H) READ THE SECOND TIME

  10. (H) RULES TO CALENDAR 5/10/2022

  11. (H) FN1: ZERO(GOV/COMBINED)

  12. (H) DP: KAUFMAN, SCHRAGE, MCCARTY, NELSON, FIELDS, SPOHNHOLZ

  13. (H) L&C RPT 6DP

  14. (H) Moved SB 143 Out of Committee

  15. (H) LABOR & COMMERCE at 03:15 PM BARNES 124

  16. (H) Heard & Held

  17. (H) LABOR & COMMERCE at 03:15 PM BARNES 124

  18. (H) -- Testimony <Invitation Only> -- -- MEETING CANCELED --

  19. (H) LABOR & COMMERCE at 03:15 PM BARNES 124

  20. (H) FN1: ZERO(GOV/COMBINED)

  21. (H) DP: MCCARTY, MCCABE, DRUMMOND, HANNAN, SCHRAGE

  22. (H) CRA RPT 5DP

  23. (H) Minutes (HCRA)

  24. (H) Moved SB 143 Out of Committee

  25. (H) COMMUNITY & REGIONAL AFFAIRS at 08:00 AM BARNES 124

  26. (H) Minutes (HCRA)

  27. (H) Heard & Held

  28. (H) COMMUNITY & REGIONAL AFFAIRS at 08:00 AM BARNES 124

  29. (H) Minutes (HCRA)

  30. (H) Heard & Held

  31. (H) COMMUNITY & REGIONAL AFFAIRS at 08:00 AM BARNES 124

  32. (H) CROSS SPONSOR(S): NELSON

  33. (H) CRA REFERRAL ADDED BEFORE L&C

  34. (H) L&C

  35. (H) READ THE FIRST TIME - REFERRALS

  36. (S) VERSION: SB 143

  37. (S) TRANSMITTED TO (H)

  38. (S) PASSED Y20 N-

  39. (S) READ THE THIRD TIME SB 143

  40. (S) ADVANCED TO THIRD READING 2/16 CALENDAR

  41. (S) READ THE SECOND TIME

  42. (S) RULES TO CALENDAR 2/15/2022

  43. (S) FN1: ZERO(GOV/COMBINED)

  44. (S) DP: STEVENS, MICCICHE, GRAY-JACKSON

  45. (S) L&C RPT 3DP

  46. (S) Minutes (SL&C)

  47. (S) Moved SB 143 Out of Committee

  48. (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)

  49. (S) L&C

  50. (S) READ THE FIRST TIME - REFERRALS

  51. (S) Prefile released 1/7/22

Sponsors

  • REVAK · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 64 not signed on

Sponsors (1)

  • REVAK

Co-sponsors (0)

None.

Not signed on (64)

64 members have not signed on to this bill.

Show all 64 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Subjects

finance housing
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors SB 143?
SB 143 is sponsored by REVAK.
What is the current status of SB 143?
This bill has been enacted into law. Introduced January 18, 2022. Enacted.
Where can I track SB 143?
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