Alaska 34th Alaska State Legislature Status: Enacted

SB 130 — An Act relating to the fisheries product development tax credit; providing for an effective date by amending the effective date of sec. 2, ch. 31, SLA 2022; and providing for an effective date.

Last action — (S) EFFECTIVE DATE(S) OF LAW SEE CHAPTER

  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 March 12, 2025. Enacted.

Signed by Governor Mike Dunleavy (Republican) on July 01, 2026.

Odds of enactment

High chance

Based on the sponsor, cosponsors, and committee posture, this bill has a high 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

Likely to advance 70% · moderate confidence

  • 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.

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

In plain language

This bill amends the effective date for a fisheries product development tax credit.

The bill modifies the effective date of the fisheries product development tax credit previously established. This change impacts when the provisions of the tax credit will go into effect.

Bill Text

What changed in the latest version

99 added · 94 removed

Plain-language change summary

The recent amendment to Bill SB 130 clarified the effective date of the fisheries product development tax credit by pushing back the deadline for claiming this credit from December 31, 2026, to December 31, 2029. This change provides fisheries businesses with a longer period to benefit from the tax credit, which may encourage more investment in the seafood industry. By extending the timeline, the amendment aims to support economic growth and sustainability within Alaska's important fisheries sector.

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34-LS0735\A SENATE BILL NO.
LAWS OF ALASKA Source Chapter No.
130 IN THE LEGISLATURE OF THE STATE OF ALASKA THIRTY-FOURTH LEGISLATURE - SECOND SESSION BY THE SENATE RULES COMMITTEE BY REQUEST OF THE JOINT LEGISLATIVE TASK FORCE EVALUATING ALASKA'S SEAFOOD INDUSTRY Introduced:
CSSB 130(FIN) _______ AN ACT Relating to the fisheries product development tax credit;
3/12/25 Referred:
Resources, Finance A BILL FOR AN ACT ENTITLED "An Act relating to the fisheries product development tax credit;
and providing for an effective date." BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:
and providing for an effective date.
* Section 1.
_______________ BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:
THE ACT FOLLOWS ON PAGE 1 Enrolled SB 130 AN ACT Relating to the fisheries product development tax credit;
providing for an effective date by amending the effective date of sec.
2, ch.
31, SLA 2022;
and providing for an effective date.
_______________ * Section 1.
AS 43.05.230(m) is amended to read:
(m) The number of recipients and the total amount of tax credits claimed for each species [TYPE] of eligible fish under AS 43.75.037 is public information.
In this subsection, "eligible fish" has the meaning given in AS 43.75.037(k).
* Sec.
2.
or (2) be claimed for property first placed into service after December 31, 2029 [2026].
or (2) be claimed for property first placed into service after December 31, -1- Enrolled SB 130 2036 [2026].
2.
3.
(i) The department shall develop and implement procedures by which a taxpayer that is a fisheries business may submit the taxpayer's proposed investment to SB0130A -1- SB 130 New Text Underlined [DELETED TEXT BRACKETED] 34-LS0735\A the department and request a preliminary determination of whether the investment qualifies for the fisheries product development tax credit under this section.
(i) Thedepartmentshall developand implementproceduresbywhichataxpayer that is a fisheries business may submit the taxpayer's proposed investment to the department and request a preliminary determination of whether the investment qualifies for the fisheries product development tax credit under this section.
3.
4.
AS 43.75.037(j) is amended to read:
(j) Toclaimacreditunderthissection,ataxpayershallagreethatthedepartment may make public the number of recipients and the total amount of tax credits claimed for each species [TYPE] of eligible fish.
Notwithstanding any contrary provision in AS 40.25.100 or AS 43.05.230, the number of recipients and the total amount of tax credits claimed for each species [TYPE] of eligible fish is public information.
* Sec.
5.
4.
6.
(4) "qualified investment" means the investment cost to purchase or convert depreciable tangible personal property with a useful life of three years or more that will [TO] be used predominantly to increase the quality and value of eligible fish or used predominantly to perform an ice-making, processing, packaging, or product-finishing function that is a significant component in producing a value-added eligible fish product, including canned salmon products in can sizes other than 14.75 ounces or 7.5 ounces;
(4) "qualified investment" means the investment cost to purchase or convert depreciable tangible personal property with a useful life of three years or more to be used predominantly to perform an ice-making, processing, packaging, or product- finishing function that is a significant component in producing a value-added eligible fish product, including canned salmon products in can sizes other than 14.75 ounces or 7.5 ounces;
in this paragraph, "property" (A) includes (i) equipment used to fillet, skin, portion, mince, form, extrude, stuff, inject, mix, marinate, preserve, dry, smoke, brine, package, freeze, scale, grind, separate meat from bone, or remove pin bones;
in this paragraph, "property" (A) includes (i) equipment used to fillet, skin, portion, mince, form, Enrolled SB 130 -2- extrude, stuff, inject, mix, marinate, preserve, dry, smoke, brine, package, freeze, scale, grind, separate meat from bone, or remove pin bones;
(iv) ice-making machines, freezers, and other SB 130 -2- SB0130A New Text Underlined [DELETED TEXT BRACKETED] 34-LS0735\A temperature reducing technologies;
(iv) ice-making machines and other temperature reducing technologies;
(B) does not include (i) vehicles, forklifts, conveyors not used specifically in increasing the quality and value of eligible fish or the act of producing a value-added eligible fish product, cranes, pumps, or other equipment used to transport eligible fish or eligible fish products, knives, gloves, tools, supplies and materials, equipment, other than ice- making machines, that is not processing, packaging, or product- finishing equipment, or other equipment, the use of which is incidental to increasing the quality and value of eligible fish or the production, packaging, or finishing of value-added eligible fish products;
(B) does not include (i) vehicles, forklifts, conveyors not used specifically in the act of producing a value-added eligible fish product, cranes, pumps, or other equipment used to transport eligible fish or eligible fish products, knives, gloves, tools, supplies and materials, equipment, other than ice-making machines, that is not processing, packaging, or product- finishing equipment, or other equipment, the use of which is incidental to the production, packaging, or finishing of value-added eligible fish products;
5.
7.
6.
8.
Sec.
-3- Enrolled SB 130 Sec.
AS 43.75.037, and 43.75.130(h) are repealed January 1, 2030 [2027].
AS 43.75.037, and 43.75.130(h) are repealed January 1, 2037 [2027].
7.
9.
This Act is retroactive to January 1, 2025.
This Act is retroactive to January 1, 2026.
8.
10.
Section 2 of this Act takes effect January 1, 2030 [2027].
Section 2 of this Act takes effect January 1, 2037 [2027].
9.
11.
Show all 41 changed rows (1 more)
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SB0130A -3- SB 130 New Text Underlined [DELETED TEXT BRACKETED]
Enrolled SB 130 -4-
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Action History

  1. (S) EFFECTIVE DATE(S) OF LAW SEE CHAPTER

  2. (S) LAW W/O GOV SIGNATURE 6/25 CH 32 SLA 26

  3. (S) 10:45 A.M. 6/8/26 Transmitted to Governor

  4. (H) VERSION: CSSB 130(FIN)

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

  6. (H) EFFECTIVE DATE(S) SAME AS PASSAGE

  7. (H) PASSED Y40

  8. (H) READ THE THIRD TIME CSSB 130(FIN)

  9. (H) ADVANCED TO THIRD READING UC

  10. (H) READ THE SECOND TIME

  11. (H) RULES TO CALENDAR 5/17/2026

  12. (H) FN3: INDETERMINATE(REV)

  13. (H) AM: ALLARD, MOORE

  14. (H) NR: TOMASZEWSKI, JOSEPHSON, FOSTER

  15. (H) DP: JIMMIE, GALVIN, HANNAN, STAPP, BYNUM, SCHRAGE

  16. (H) FIN RPT 6DP 3NR 2AM

  17. (H) Moved CSSB 130(FIN) Out of Committee -- Delayed to 2:00 pm --

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

  19. (H) Scheduled but Not Heard -- Please Note Time Change --

  20. (H) FINANCE at 09:00 AM ADAMS 519

  21. (H) Heard & Held -- Please Note Time Change --

  22. (H) FINANCE at 09:00 AM ADAMS 519

  23. (H) Minutes (HFIN)

  24. (H) Heard & Held -- Please Note Time Change --

  25. (H) FINANCE at 09:00 AM ADAMS 519

  26. (H) FIN

  27. (H) READ THE FIRST TIME - REFERRALS

  28. (S) VERSION: CSSB 130(FIN)

  29. (S) TRANSMITTED TO (H)

  30. (S) EFFECTIVE DATE(S) SAME AS PASSAGE

  31. (S) PASSED Y17 N3

  32. (S) READ THE THIRD TIME CSSB 130(FIN)

  33. (S) ADVANCED TO THIRD READING 4/1 CAL

  34. (S) FIN CS ADOPTED UC

  35. (S) READ THE SECOND TIME

  36. (S) RULES TO CALENDAR 3/31/2026

  37. (S) FN2: INDETERMINATE(REV)

  38. (S) NR: KAUFMAN, MERRICK

  39. (S) DNP: CRONK

  40. (S) AM: OLSON

  41. (S) DP: STEDMAN, HOFFMAN, KIEHL

  42. (S) FIN RPT CS 3DP 1AM 1DNP 2NR SAME TITLE

  43. (S) Moved CSSB 130(FIN) Out of Committee

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

  45. (S) Heard & Held

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

  47. (S) Heard & Held

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

  49. (S) CS(RES)(CORRECTED) RECEIVED

  50. (S) FN1: INDETERMINATE(REV)

  51. (S) NR: MYERS, WIELECHOWSKI, HUGHES, CLAMAN

  52. (S) DP: GIESSEL, DUNBAR

  53. (S) RES RPT CS 2DP 4NR NEW TITLE

  54. (S) Minutes (SRES)

  55. (S) Moved CSSB 130(RES) Out of Committee

  56. (S) RESOURCES at 03:30 PM BUTROVICH 205

  57. (S) Minutes (SRES)

  58. (S) Heard & Held

  59. (S) RESOURCES at 03:30 PM BUTROVICH 205

  60. (S) Minutes (SRES)

  61. (S) Heard & Held

  62. (S) RESOURCES at 03:30 PM BUTROVICH 205

  63. (S) RES, FIN

  64. (S) READ THE FIRST TIME - REFERRALS

Sponsors

  • Senate Rules · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 64 not signed on · 3 voted No

Sponsors (1)

  • Senate Rules

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

Third Reading — Final Passage

Passed 40 Yea · 0 Nay
Party YeaNayPresentNot Voting
R 20000
D 14000
N 5000
Unaffiliated 1000
Total 40000
% of votes cast 100%0%0%0%
How each member voted (40)
Member Party Vote
Steve St. Clair — Yea
Andi Story D Yea
Andrew Gray D Yea
Andy Josephson D Yea
Ashley Carrick D Yea
Carolyn Hall D Yea
Donna Mears D Yea
Genevieve Mina D Yea
Maxine Dibert D Yea
Neal Foster D Yea
Nellie Unangiq Jimmie D Yea
Robyn Niayuq Frier D Yea
Sara Hannan D Yea
Ted Eischeid D Yea
Zack Fields D Yea
Alyse Galvin N Yea
Bryce Edgmon N Yea
Calvin Schrage N Yea
Ky Holland N Yea
Rebecca Himschoot N Yea
Bill Elam R Yea
Chuck Kopp R Yea
Dan Saddler R Yea
David Nelson R Yea
David Nelson R Yea
DeLena Johnson R Yea
Elexie Moore R Yea
Frank Tomaszewski R Yea
Jamie Allard R Yea
Jeremy Bynum R Yea
Jubilee Underwood R Yea
Julie Coulombe R Yea
Justin Ruffridge R Yea
Kevin McCabe R Yea
Louise Stutes R Yea
Mia Costello R Yea
Mike Prax R Yea
Rebecca Schwanke R Yea
Sarah Vance R Yea
Will Stapp R Yea

Official roll call →

Third Reading - Final Passage — Effective Date(s)

Passed 17 Yea · 3 Nay
Party YeaNayPresentNot Voting
R 8300
D 9000
Total 17300
% of votes cast 85%15%0%0%
How each member voted (20)
Member Party Vote
Bill Wielechowski D Yea
Donald Olson D Yea
Elvi Gray-Jackson D Yea
Forrest Dunbar D Yea
Jesse Kiehl D Yea
Lyman Hoffman D Yea
Löki Tobin D Yea
Matt Claman D Yea
Scott Kawasaki D Yea
Bert Stedman R Yea
Cathy Giessel R Yea
Cathy Tilton R Nay
Gary Stevens R Yea
George Rauscher R Nay
James Kaufman R Yea
Jesse Bjorkman R Yea
Kelly Merrick R Yea
Mike Cronk R Nay
Robert Myers R Yea
Robert Yundt R Yea

Official roll call →

Subjects

taxation agriculture
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 130?
SB 130 is sponsored by Senate Rules.
What is the current status of SB 130?
This bill has been enacted into law. Introduced March 12, 2025. Enacted.
Where can I track SB 130?
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