# Alaska HB 116: COMMERCIAL FISHING INSURANCE CO-OP

Alaska HB 116, COMMERCIAL FISHING INSURANCE CO-OP, is a 34th Legislature (2025-2026) House bill sponsored by HOUSE FISHERIES BY REQUEST OF TASK FORCE EVAL ALASKA SEAFOOD INDUSTRY; status became law, last action 2025-07-30 ((H) EFFECTIVE DATE(S) OF LAW 10/22/25); PRIA reads it as touching household money (as of 2026-11-04).

- Canonical: https://policyrisk.com/state-bill/AK-HB116-34
- As of: 2026-11-04
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Alaska HB 116
- State: Alaska
- Session: 34th Legislature (2025-2026)
- Title: COMMERCIAL FISHING INSURANCE CO-OP
- Status: became law
- Chamber: House
- Introduced: 2025-02-26
- Last action: 2025-07-30, (H) EFFECTIVE DATE(S) OF LAW 10/22/25
- Sponsor: HOUSE FISHERIES BY REQUEST OF TASK FORCE EVAL ALASKA SEAFOOD INDUSTRY
- Cosponsors: 0
- Touches household money: yes
- Economic provisions PRIA read: 1

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Fishing cooperatives gain exemption from insurance rules: benefit, low. 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…

## Sponsors and cosponsors

- Sponsor: HOUSE FISHERIES BY REQUEST OF TASK FORCE EVAL ALASKA SEAFOOD INDUSTRY

## Actions (62)

- 2025-07-30: (H) EFFECTIVE DATE(S) OF LAW 10/22/25 (House)
- 2025-07-30: (H) LAW W/O GOVERNOR SIGNATURE 7/24 CHAPTER 24 SLA 25 (House)
- 2025-07-30: (H) 2:15 P.M. 7/1/25 TRANSMITTED TO GOVERNOR (House)
- 2025-05-16: (S) VERSION: HB 116 (Senate)
- 2025-05-16: (S) RETURN TO (H), TRANSMIT TO GOVERNOR NEXT (Senate)
- 2025-05-16: (S) PASSED Y20 N- (Senate)
- 2025-05-16: (S) READ THE THIRD TIME HB 116 (Senate)
- 2025-05-14: (S) ADVANCED TO THIRD READING 5/16 CAL (Senate)
- 2025-05-14: (S) READ THE SECOND TIME (Senate)
- 2025-05-14: (S) RULES TO CALENDAR 5/14/2025 (Senate)
- 2025-05-13: (S) FN2: ZERO(CED) (Senate)
- 2025-05-13: (S) NR: MERRICK, YUNDT (Senate)
- 2025-05-13: (S) DP: BJORKMAN, DUNBAR, GRAY-JACKSON (Senate)
- 2025-05-13: (S) L&C RPT 3DP 2NR (Senate)
- 2025-05-12: (S) Minutes (SL&C) (Senate)
- 2025-05-12: (S) Moved HB 116 Out of Committee -- Public Testimony <Time Limit May Be Set> -- (Senate)
- 2025-05-12: (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg) (Senate)
- 2025-05-12: Audio/Video (House)
- 2025-05-09: (S) Minutes (SL&C) (Senate)
- 2025-05-09: (S) Heard & Held (Senate)
- 2025-05-09: (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg) (Senate)
- 2025-05-09: Audio/Video (House)
- 2025-04-28: (S) L&C (Senate)
- 2025-04-28: (S) READ THE FIRST TIME - REFERRALS (Senate)
- 2025-04-25: (H) VERSION: HB 116 (House)
- 2025-04-25: (H) TRANSMITTED TO (S) (House)
- 2025-04-25: (H) PASSED Y37 E3 (House)
- 2025-04-25: (H) READ THE THIRD TIME HB 116 (House)
- 2025-04-23: (H) ADVANCED TO THIRD READING 4/25 CALENDAR (House)
- 2025-04-23: (H) READ THE SECOND TIME (House)
- 2025-04-23: (H) RULES TO CALENDAR 4/23/2025 (House)
- 2025-03-26: (H) FN2: ZERO(CED) (House)
- 2025-03-26: (H) NR: NELSON (House)
- 2025-03-26: (H) DP: CARRICK, COULOMBE, BURKE, FIELDS, HALL (House)
- 2025-03-26: (H) L&C RPT 5DP 1NR (House)
- 2025-03-24: (H) Minutes (HL&C) (House)
- 2025-03-24: (H) Moved HB 116 Out of Committee (House)
- 2025-03-24: (H) LABOR & COMMERCE at 03:15 PM BARNES 124 (House)
- 2025-03-24: Audio/Video (House)
- 2025-03-21: (H) -- Invited & Public Testimony -- -- MEETING CANCELED -- (House)
- 2025-03-21: (H) LABOR & COMMERCE at 03:15 PM BARNES 124 (House)
- 2025-03-13: (H) Minutes (HFSH) (House)
- 2025-03-13: (H) <Bill Hearing Canceled> (House)
- 2025-03-13: (H) FISHERIES at 10:00 AM GRUENBERG 120 (House)
- 2025-03-11: (H) Minutes (HFSH) (House)
- 2025-03-11: (H) Moved HB 116 Out of Committee (House)
- 2025-03-11: (H) FISHERIES at 10:00 AM GRUENBERG 120 (House)
- 2025-03-11: (H) FN1: (CED) (House)
- 2025-03-11: (H) NR: MCCABE (House)
- 2025-03-11: (H) DP: VANCE, KOPP, EDGMON, HIMSCHOOT, ELAM, STUTES (House)
- 2025-03-11: (H) FSH RPT 6DP 1NR (House)
- 2025-03-11: Audio/Video (House)
- 2025-03-06: (H) -- MEETING CANCELED -- (House)
- 2025-03-06: (H) FISHERIES at 10:00 AM GRUENBERG 120 (House)
- 2025-03-04: (H) Minutes (HFSH) (House)
- 2025-03-04: (H) Heard & Held -- Please Note Time Change -- (House)
- 2025-03-04: (H) FISHERIES at 10:30 AM GRUENBERG 120 (House)
- 2025-03-04: Audio/Video (House)
- 2025-03-01: (H) -- MEETING CANCELED -- (House)
- 2025-03-01: (H) FISHERIES at 11:00 AM GRUENBERG 120 (House)
- 2025-02-26: (H) FSH, L&C (House)
- 2025-02-26: (H) READ THE FIRST TIME - REFERRALS (House)

## Bill text

- Enrolled HB 116, 2025-05-16: [HTML](https://www.akleg.gov/basis/Bill/Text/34?Hsid=HB0116Z), [PDF](https://www.akleg.gov/PDF/34/Bills/HB0116Z.PDF)
- HB 116, 2025-02-26: [HTML](https://www.akleg.gov/basis/Bill/Text/34?Hsid=HB0116A), [PDF](https://www.akleg.gov/PDF/34/Bills/HB0116A.PDF)

## Related bills

- HB 73: COMPLEX CARE RESIDENTIAL HOMES (signed)
- HB 28: EDU: SCHOOLS/TEACHERS/SCHOOL BD/LOAN PRGM (became law)
- SB 178: EXPAND EARLY INTERVENTION SERVICES (became law)
- SB 86: MONEY TRANSMISSION; VIRTUAL CURRENCY (became law)
- SB 104: VEHICLES/BOATS: TRANSFER ON DEATH TITLE (became law)
- HB 263: APPROP: OPERATING BUDGET;FUNDS;SUPP (signed)

## Sources
- [Enrolled HB 116 (HTML)](https://www.akleg.gov/basis/Bill/Text/34?Hsid=HB0116Z)
- [Enrolled HB 116 (PDF)](https://www.akleg.gov/PDF/34/Bills/HB0116Z.PDF)
- [HB 116 (HTML)](https://www.akleg.gov/basis/Bill/Text/34?Hsid=HB0116A)
- [HB 116 (PDF)](https://www.akleg.gov/PDF/34/Bills/HB0116A.PDF)

## Related
- [HB 73: COMPLEX CARE RESIDENTIAL HOMES](https://policyrisk.com/state-bill/AK-HB73-34)
- [HB 28: EDU: SCHOOLS/TEACHERS/SCHOOL BD/LOAN PRGM](https://policyrisk.com/state-bill/AK-HB28-34)
- [SB 178: EXPAND EARLY INTERVENTION SERVICES](https://policyrisk.com/state-bill/AK-SB178-34)
- [SB 86: MONEY TRANSMISSION; VIRTUAL CURRENCY](https://policyrisk.com/state-bill/AK-SB86-34)
- [SB 104: VEHICLES/BOATS: TRANSFER ON DEATH TITLE](https://policyrisk.com/state-bill/AK-SB104-34)
- [HB 263: APPROP: OPERATING BUDGET;FUNDS;SUPP](https://policyrisk.com/state-bill/AK-HB263-34)
- [Alaska bills](https://policyrisk.com/states/alaska/bills)
- [Alaska state hub](https://policyrisk.com/states/alaska)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/AK-HB116-34 (as of 2026-11-04).