Alaska 34th Alaska State Legislature Status: In Committee 1 D cosponsors

HB 132 — An Act relating to loans in an amount of $25,000 or less; relating to the Nationwide Multistate Licensing System and Registry; relating to deferred deposit advances; and providing for an effective date.

Last action — (H) -- MEETING CANCELED --

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

This bill is in committee in the House. Introduced March 11, 2025. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the House.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

Upgrade to see the exact probability and what's driving it.

A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Stalled 16% · moderate confidence

  • In Committee

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 D).

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Bill Text

What changed in the latest version

20 added · 20 removed

Plain-language change summary

The proposed changes to HB 132 lower the annual license fees for businesses. Instead of paying $10,000 for a single office license and $40,000 for a company license, businesses will now pay $500 for each branch and $2,000 for a single company license. This reduction in fees could make it easier for small businesses and startups to operate, potentially encouraging more entrepreneurs to enter the market.

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34-LS0462\I CS FOR HOUSE BILL NO.
34-LS0462\N HOUSE BILL NO.
132(L&C) IN THE LEGISLATURE OF THE STATE OF ALASKA THIRTY-FOURTH LEGISLATURE - FIRST SESSION BY THE HOUSE LABOR AND COMMERCE COMMITTEE Referred:
132 IN THE LEGISLATURE OF THE STATE OF ALASKA THIRTY-FOURTH LEGISLATURE - FIRST SESSION BY REPRESENTATIVE EISCHEID Introduced:
Finance Sponsor(s):
3/11/25 Referred:
REPRESENTATIVE EISCHEID A BILL FOR AN ACT ENTITLED "An Act relating to loans in an amount of $25,000 or less;
Labor and Commerce, Finance A BILL FOR AN ACT ENTITLED "An Act relating to loans in an amount of $25,000 or less;
and (2) equalizes and maintains the quality of competition between state HB0132b -1- CSHB 132(L&C) New Text Underlined [DELETED TEXT BRACKETED] 34-LS0462\I financial institutions and federally chartered financial institutions.
and (2) equalizes and maintains the quality of competition between state HB0132a -1- HB 132 New Text Underlined [DELETED TEXT BRACKETED] 34-LS0462\N financial institutions and federally chartered financial institutions.
(2) establish by regulation a process for licensees under this chapter to challenge information entered into the registry by the dent;tme CSHB 132(L&C) -2- HB0132b New Text Underlined [DELETED TEXT BRACKETED] 34-LS0462\I (3) contract with entities designated by the registry to collect and maintain records or process fees;
(2) establish by regulation a process for licensees under this chapter to challenge information entered into the registry by the dent;tme HB 132 -2- HB0132a New Text Underlined [DELETED TEXT BRACKETED] 34-LS0462\N (3) contract with entities designated by the registry to collect and maintain records or process fees;
(b) An applicant shall pay to the department or through the registry at the time of submitting an application a sum, in addition to that specified in (a) of this section, of $10,000 [$500] for each location of a branch, Internet website, or mobile application [A SINGLE OFFICE LICENSE,] or $40,000 [$2,000] for a company [MULTIPLE OFFICE] license as an annual license fee for a period terminating on the last day of the current calendar year.
(b) An applicant shall pay to the department or through the registry at the time of submitting an application a sum, in addition to that specified in (a) of this section, of $500 for each location of a branch, Internet website, or mobile application [A SINGLE OFFICE LICENSE,] or $2,000 for a company [MULTIPLE OFFICE] license as an annual license fee for a period terminating on the last day of the current calendar year.
HB0132b -3- CSHB 132(L&C) New Text Underlined [DELETED TEXT BRACKETED] 34-LS0462\I * Sec.
HB0132a -3- HB 132 New Text Underlined [DELETED TEXT BRACKETED] 34-LS0462\N * Sec.
CSHB 132(L&C) -4- HB0132b New Text Underlined [DELETED TEXT BRACKETED] 34-LS0462\I Sec.
HB 132 -4- HB0132a New Text Underlined [DELETED TEXT BRACKETED] 34-LS0462\N Sec.
or HB0132b -5- CSHB 132(L&C) New Text Underlined [DELETED TEXT BRACKETED] 34-LS0462\I (2) a financial institution organized under federal law.
or HB0132a -5- HB 132 New Text Underlined [DELETED TEXT BRACKETED] 34-LS0462\N (2) a financial institution organized under federal law.
CSHB 132(L&C) -6- HB0132b New Text Underlined [DELETED TEXT BRACKETED]
HB 132 -6- HB0132a New Text Underlined [DELETED TEXT BRACKETED]
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Action History

  1. (H) -- MEETING CANCELED --

  2. (H) FINANCE at 01:30 PM ADAMS 519

  3. (H) REFERRED TO FINANCE

  4. (H) FN1: (CED)

  5. (H) AM: COULOMBE

  6. (H) NR: NELSON

  7. (H) DP: BURKE, CARRICK, SADDLER, HALL, FIELDS

  8. (H) L&C RPT CS(L&C) 5DP 1NR 1AM

  9. (H) Minutes (HL&C)

  10. (H) Moved CSHB 132(L&C) Out of Committee

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

  12. (H) Minutes (HL&C)

  13. (H) Heard & Held

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

  15. (H) Minutes (HL&C)

  16. (H) <Bill Hearing Canceled>

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

  18. (H) Minutes (HL&C)

  19. (H) <Bill Hearing Canceled>

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

  21. (H) L&C, FIN

  22. (H) READ THE FIRST TIME - REFERRALS

Sponsors

Sponsorship breakdown

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

Sponsors (1)

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

Subjects

finance
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 HB 132?
HB 132 is sponsored by Ted Eischeid (D).
What is the current status of HB 132?
This bill is in committee in the House. Introduced March 11, 2025. It must pass committee before a floor vote.
Where can I track HB 132?
Track HB 132 free on One Click Politics — get push/email alerts when it moves.

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