Alaska 33rd Legislature (2023-2024) Status: In Committee 2 D cosponsors

SB 135 — An Act establishing the Alaska Work and Save Program; establishing the Alaska Retirement Savings Board; and providing for an effective date.

Last action — (S) Heard & Held

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

This bill died with 33rd Legislature (2023-2024). It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

Bill Text

What changed in the latest version

23 added · 23 removed

Plain-language change summary

The recent amendment to Senate Bill 135 changes the effective date of the bill from January 1, 2025, to January 1, 2024. This means if the bill passes, its regulations or provisions will go into effect a year sooner than originally planned. This change is significant because it allows the intended benefits or protections of the bill to begin sooner, potentially impacting workers and businesses more quickly.

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33-LS0495\R CS FOR SENATE BILL NO.
33-LS0495\S SENATE BILL NO.
135(L&C) IN THE LEGISLATURE OF THE STATE OF ALASKA THIRTY-THIRD LEGISLATURE - SECOND SESSION BY THE SENATE LABOR AND COMMERCE COMMITTEE Referred:
135 IN THE LEGISLATURE OF THE STATE OF ALASKA THIRTY-THIRD LEGISLATURE - SECOND SESSION BY SENATORS WIELECHOWSKI, Dunbar Introduced:
Finance Sponsor(s):
4/24/23 Referred:
SENATORS WIELECHOWSKI, Dunbar A BILL FOR AN ACT ENTITLED "An Act establishing the Alaska Work and Save Program;
Labor & Commerce, Finance A BILL FOR AN ACT ENTITLED "An Act establishing the Alaska Work and Save Program;
A contribution to an Alaska Work and Save Program participant account, the crime victim compensation fund, the peace officer and firefighter survivors' fundto an SB0135B -1- CSSB 135(L&C) New Text Underlined [DELETED TEXT BRACKETED] 33-LS0495\R organization may be $25, $50, $75, $100, or more, in increments of $50, up to the total amount of the permanent fund dividend that the applicant is entitled to receive.
A contribution to an Alaska Work and Save Program participant account, the crime victim compensation fund, the peace officer and firefighter survivors' fundto an SB0135A -1- SB 135 New Text Underlined [DELETED TEXT BRACKETED] 33-LS0495\S organization may be $25, $50, $75, $100, or more, in increments of $50, up to the total amount of the permanent fund dividend that the applicant is entitled to receive.
CSSB 135(L&C) -2- SB0135B New Text Underlined [DELETED TEXT BRACKETED] 33-LS0495\R The annual estimated balance in the account maintained under AS 37.05.142 for coordination fees collected under this subsection may be appropriated for costs of administering this section.
SB 135 -2- SB0135A New Text Underlined [DELETED TEXT BRACKETED] 33-LS0495\S The annual estimated balance in the account maintained under AS 37.05.142 for coordination fees collected under this subsection may be appropriated for costs of administering this section.
(3) have no proprietary interest in contributions to, or earnings on SB0135B -3- CSSB 135(L&C) New Text Underlined [DELETED TEXT BRACKETED] 33-LS0495\R amounts contributed to, participant accounts.
(3) have no proprietary interest in contributions to, or earnings on SB0135A -3- SB 135 New Text Underlined [DELETED TEXT BRACKETED] 33-LS0495\S amounts contributed to, participant accounts.
CSSB 135(L&C) -4- SB0135B New Text Underlined [DELETED TEXT BRACKETED] 33-LS0495\R (g) A trustee may not designate another person to serve on the board in the absence of the trustee.
SB 135 -4- SB0135A New Text Underlined [DELETED TEXT BRACKETED] 33-LS0495\S (g) A trustee may not designate another person to serve on the board in the absence of the trustee.
(10) in accordance with Internal Revenue Code limits, set a minimum, maximum, and default contribution rate and set a default rate for contribution SB0135B -5- CSSB 135(L&C) New Text Underlined [DELETED TEXT BRACKETED] 33-LS0495\R increases;
(10) in accordance with Internal Revenue Code limits, set a minimum, maximum, and default contribution rate and set a default rate for contribution SB0135A -5- SB 135 New Text Underlined [DELETED TEXT BRACKETED] 33-LS0495\S increases;
(H) that the state does not guarantee participant accounts or a CSSB 135(L&C) -6- SB0135B New Text Underlined [DELETED TEXT BRACKETED] 33-LS0495\R rate of return;
(H) that the state does not guarantee participant accounts or a SB 135 -6- SB0135A New Text Underlined [DELETED TEXT BRACKETED] 33-LS0495\S rate of return;
A trustee who is an employee of a political subdivision of the state or a school district or regional educational attendance area in the state is entitled to leave benefits SB0135B -7- CSSB 135(L&C) New Text Underlined [DELETED TEXT BRACKETED] 33-LS0495\R provided by the trustee's employer comparable to leave benefits provided to state employees for service as a trustee.
A trustee who is an employee of a political subdivision of the state or a school district or regional educational attendance area in the state is entitled to leave benefits SB0135A -7- SB 135 New Text Underlined [DELETED TEXT BRACKETED] 33-LS0495\S provided by the trustee's employer comparable to leave benefits provided to state employees for service as a trustee.
(d) The commissioner of labor and workforce development shall notify the board when an employer has failed to facilitate employee participation in the program CSSB 135(L&C) -8- SB0135B New Text Underlined [DELETED TEXT BRACKETED] 33-LS0495\R and when the commissioner imposes a civil penalty on an employer.
(d) The commissioner of labor and workforce development shall notify the board when an employer has failed to facilitate employee participation in the program SB 135 -8- SB0135A New Text Underlined [DELETED TEXT BRACKETED] 33-LS0495\S and when the commissioner imposes a civil penalty on an employer.
This Act takes effect January 1, 2025.
This Act takes effect January 1, 2024.
SB0135B -9- CSSB 135(L&C) New Text Underlined [DELETED TEXT BRACKETED]
SB0135A -9- SB 135 New Text Underlined [DELETED TEXT BRACKETED]
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Action History

  1. (S) Heard & Held

  2. (S) FINANCE at 09:00 AM SENATE FINANCE 532

  3. (S) REFERRED TO FINANCE

  4. (S) FN2: (REV)

  5. (S) FN1: INDETERMINATE(REV)

  6. (S) DP: DUNBAR, BISHOP

  7. (S) NR: BJORKMAN, MERRICK

  8. (S) L&C RPT CS 2DP 2NR SAME TITLE

  9. (S) Minutes (SL&C)

  10. (S) Moved CSSB 135(L&C) Out of Committee

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

  12. (S) COSPONSOR(S): DUNBAR

  13. (S) Minutes (SL&C)

  14. (S) Heard & Held

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

  16. (S) L&C, FIN

  17. (S) READ THE FIRST TIME - REFERRALS

Sponsors

Sponsorship breakdown

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1 sponsors · 1 co-sponsors · 63 not signed on

Sponsors (1)

Co-sponsors (1)

Not signed on (63)

63 members have not signed on to this bill.

Show all 63 →

"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

Subjects

finance labor
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 135?
SB 135 is sponsored by Forrest Dunbar (D) and Bill Wielechowski (D).
What is the current status of SB 135?
This bill died with 33rd Legislature (2023-2024). It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 135?
Track SB 135 free on One Click Politics — get push/email alerts when it moves.

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