COMMERCIAL FISHING INSURANCE CO-OP
Sponsored By: HOUSE FISHERIES BY REQUEST OF TASK FORCE EVAL ALASKA SEAFOOD INDUSTRY
Became Law
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Fishing cooperatives gain exemption from insurance rules
Alaska law exempts qualifying commercial fishing pools from the state's insurance laws. At least two people engaged in commercial fishing must agree to pool contributions. The pool can pay liability claims against a member's fishing business or cover vessel or machine loss or damage. The vessel or machine must be owned or leased by the member and used in that member's commercial fishing business.
Sponsors & Cosponsors
Sponsor
HOUSE FISHERIES BY REQUEST OF TASK FORCE EVAL ALASKA SEAFOOD INDUSTRY
Affiliation unavailable
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
(H) EFFECTIVE DATE(S) OF LAW 10/22/25
7/30/2025House(H) LAW W/O GOVERNOR SIGNATURE 7/24 CHAPTER 24 SLA 25
7/30/2025House(H) 2:15 P.M. 7/1/25 TRANSMITTED TO GOVERNOR
7/30/2025House(S) VERSION: HB 116
5/16/2025Senate(S) RETURN TO (H), TRANSMIT TO GOVERNOR NEXT
5/16/2025Senate(S) PASSED Y20 N-
5/16/2025Senate(S) READ THE THIRD TIME HB 116
5/16/2025Senate(S) ADVANCED TO THIRD READING 5/16 CAL
5/14/2025Senate(S) READ THE SECOND TIME
5/14/2025Senate(S) RULES TO CALENDAR 5/14/2025
5/14/2025Senate(S) FN2: ZERO(CED)
5/13/2025Senate(S) NR: MERRICK, YUNDT
5/13/2025Senate(S) DP: BJORKMAN, DUNBAR, GRAY-JACKSON
5/13/2025Senate(S) L&C RPT 3DP 2NR
5/13/2025Senate(S) Minutes (SL&C)
5/12/2025Senate(S) Moved HB 116 Out of Committee -- Public Testimony <Time Limit May Be Set> --
5/12/2025Senate(S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)
5/12/2025SenateAudio/Video
5/12/2025House(S) Minutes (SL&C)
5/9/2025Senate(S) Heard & Held
5/9/2025Senate(S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)
5/9/2025SenateAudio/Video
5/9/2025House(S) L&C
4/28/2025Senate(S) READ THE FIRST TIME - REFERRALS
4/28/2025Senate(H) VERSION: HB 116
4/25/2025House
Bill Text
Enrolled HB 116
5/16/2025
HB 116
2/26/2025