# Alaska HB 194: OIL/GAS CORP. INCOME TAX; ROYALTY SALE Alaska HB 194, OIL/GAS CORP. INCOME TAX; ROYALTY SALE, is a 34th Legislature (2025-2026) House bill sponsored by HOUSE RULES BY REQUEST OF THE GOVERNOR; status failed, last action 2026-04-15 ((S) RECEDE MESSAGE READ) (as of 2026-11-04). - Canonical: https://policyrisk.com/state-bill/AK-HB194-34 - 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 194 - State: Alaska - Session: 34th Legislature (2025-2026) - Title: OIL/GAS CORP. INCOME TAX; ROYALTY SALE - Status: failed - Chamber: House - Introduced: 2025-04-15 - Last action: 2026-04-15, (S) RECEDE MESSAGE READ - Sponsor: HOUSE RULES BY REQUEST OF THE GOVERNOR - Cosponsors: 0 - Touches household money: no - Roll calls: 4 (53 yes, 44 no in all) - Economic provisions PRIA read: 4 ## Summary No summary available. ## Bill overview: provisions PRIA read - Payment relief for retroactive oil taxes: benefit, low. The new tax and related filing rules apply retroactively to January 1, 2026. Taxpayers covered before the tax's effective date get a January 1, 2027, deadline for remaining tax from years ending before that date. Until January 1, 2027, the state must waive interest and specified civil and criminal… - New Alaska business tax reporting rules: cost, low. Beginning January 1, 2026, affected taxpayers required to file federal returns must file Alaska returns within 30 days after the federal deadline. Partnerships with a partner who has that federal filing duty must also file. Returns must report tax due after claimed credits and provide information t… - New oil taxes with limited deductions: mixed, medium. For tax years beginning January 1, 2026, or later, qualifying businesses pay a new Alaska oil and gas income tax. Covered businesses include sole owners, partnerships, limited liability companies, and businesses that elect federal S corporation taxation. The tax covers Alaska oil or gas production,… - Alaska approves royalty oil sale to Marathon: mixed, low. The law approves and ratifies Alaska's royalty oil sale agreement with Marathon Petroleum Supply and Trading Company LLC. Marathon Petroleum Corporation is also a party. The agreement is Exhibit 1 to the state's final sale finding dated December 19, 2025. Alaska exchanges royalty oil for payment, b… ## Sponsors and cosponsors - Sponsor: HOUSE RULES BY REQUEST OF THE GOVERNOR ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-04-13 | House | FAILED CONCUR (S) AM Y17 N23 | fail | 17 | 23 | | | 2026-03-25 | Senate | PASSED Y12 N7 A1 | pass | 12 | 7 | | | 2026-03-25 | Senate | EFFECTIVE DATE(S) FAILED Y13 N6 A1 | fail | 13 | 6 | | | 2026-03-25 | Senate | AM NO 1 ADOPTED Y11 N8 A1 | pass | 11 | 8 | | ## Actions (58) - 2026-04-15: (S) RECEDE MESSAGE READ (Senate) - 2026-04-13: (H) FAILED CONCUR (S) AM Y17 N23 (House) - 2026-04-13: (H) CONCUR MESSAGE TAKEN UP UC (House) - 2026-04-01: (H) CONCUR MESSAGE READ AND HELD (House) - 2026-03-30: (S) VERSION: SCS HB 194(FIN) AM S(EFD FLD S) (Senate) - 2026-03-30: (S) TRANSMITTED TO (H) AS AMENDED (Senate) - 2026-03-30: (S) RECONSIDERATION NOT TAKEN UP (Senate) - 2026-03-25: (S) HOFFMAN NOTICE OF RECONSIDERATION (Senate) - 2026-03-25: (S) TITLE CHANGE: SCR 15 (Senate) - 2026-03-25: (S) EFFECTIVE DATE(S) FAILED Y13 N6 A1 (Senate) - 2026-03-25: (S) PASSED Y12 N7 A1 (Senate) - 2026-03-25: (S) AUTOMATICALLY IN THIRD READING (Senate) - 2026-03-25: (S) ...CHANGES TITLE OF LEGISLATION (Senate) - 2026-03-25: (S) AM NO 1 ADOPTED Y11 N8 A1 (Senate) - 2026-03-25: (S) RETURN TO SECOND FOR AM 1 UC (Senate) - 2026-03-25: (S) READ THE THIRD TIME SCS HB 194(FIN) (Senate) - 2026-03-23: (S) ADVANCED TO THIRD READING 3/25 CAL (Senate) - 2026-03-23: (S) FIN SCS ADOPTED UC (Senate) - 2026-03-23: (S) READ THE SECOND TIME (Senate) - 2026-03-23: (S) RULES TO CALENDAR 3/23/2026 (Senate) - 2026-03-04: (S) FN2: INDETERMINATE(DNR) (Senate) - 2026-03-04: (S) NR: OLSON, STEDMAN (Senate) - 2026-03-04: (S) DP: HOFFMAN, KAUFMAN, CRONK, MERRICK, KIEHL (Senate) - 2026-03-04: (S) FIN RPT SCS 5DP 2NR SAME TITLE (Senate) - 2026-03-03: (S) Moved SCS HB 194(FIN) Out of Committee (Senate) - 2026-03-03: (S) FINANCE at 09:00 AM SENATE FINANCE 532 (Senate) - 2026-03-03: Audio/Video (House) - 2026-02-24: (S) Heard & Held (Senate) - 2026-02-24: (S) FINANCE at 09:00 AM SENATE FINANCE 532 (Senate) - 2026-02-24: Audio/Video (House) - 2025-05-12: (S) FIN (Senate) - 2025-05-12: (S) READ THE FIRST TIME - REFERRALS (Senate) - 2025-05-09: (H) VERSION: HB 194 (House) - 2025-05-09: (H) TRANSMITTED TO (S) (House) - 2025-05-09: (H) EFFECTIVE DATE(S) SAME AS PASSAGE (House) - 2025-05-09: (H) PASSED Y38 E2 (House) - 2025-05-09: (H) READ THE THIRD TIME HB 194 (House) - 2025-05-07: (H) ADVANCED TO THIRD READING 5/9 CALENDAR (House) - 2025-05-07: (H) READ THE SECOND TIME (House) - 2025-05-07: (H) RULES TO CALENDAR 5/7/2025 (House) - 2025-05-02: (H) FN1: INDETERMINATE(DNR) (House) - 2025-05-02: (H) DP: JIMMIE, GALVIN, BYNUM, TOMASZEWSKI, STAPP, JOHNSON, HANNAN, FOSTER (House) - 2025-05-02: (H) FIN RPT 8DP (House) - 2025-05-01: (H) Minutes (HFIN) (House) - 2025-05-01: (H) Moved HB 194 Out of Committee (House) - 2025-05-01: (H) FINANCE at 01:30 PM ADAMS 519 (House) - 2025-05-01: Audio/Video (House) - 2025-04-22: (H) FN1: INDETERMINATE(DNR) (House) - 2025-04-22: (H) DP: FIELDS, COULOMBE, HALL, SADDLER, ELAM, RAUSCHER, MEARS, DIBERT, BURKE (House) - 2025-04-22: (H) RES RPT 9DP (House) - 2025-04-16: (H) Minutes (HRES) (House) - 2025-04-16: (H) Moved HB 194 Out of Committee -- Delayed to a Call of the Chair -- (House) - 2025-04-16: (H) RESOURCES at 01:00 PM BARNES 124 (House) - 2025-04-16: Audio/Video (House) - 2025-04-15: (H) GOVERNOR'S TRANSMITTAL LETTER (House) - 2025-04-15: (H) FN1: INDETERMINATE(DNR) (House) - 2025-04-15: (H) RES, FIN (House) - 2025-04-15: (H) READ THE FIRST TIME - REFERRALS (House) ## Bill text - SCS HB 194(FIN) am S(efd fld S), 2026-03-25: [HTML](https://www.akleg.gov/basis/Bill/Text/34?Hsid=HB0194C), [PDF](https://www.akleg.gov/PDF/34/Bills/HB0194C.PDF) - SCS HB 194(FIN), 2026-03-04: [HTML](https://www.akleg.gov/basis/Bill/Text/34?Hsid=HB0194B), [PDF](https://www.akleg.gov/PDF/34/Bills/HB0194B.PDF) - HB 194, 2025-04-15: [HTML](https://www.akleg.gov/basis/Bill/Text/34?Hsid=HB0194A), [PDF](https://www.akleg.gov/PDF/34/Bills/HB0194A.PDF) ## Related bills - HB 195: PHARMACISTS; PHYSICIAN ASSOCIATES (became law) - 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) ## Sources - [SCS HB 194(FIN) am S(efd fld S) (HTML)](https://www.akleg.gov/basis/Bill/Text/34?Hsid=HB0194C) - [SCS HB 194(FIN) am S(efd fld S) (PDF)](https://www.akleg.gov/PDF/34/Bills/HB0194C.PDF) - [SCS HB 194(FIN) (HTML)](https://www.akleg.gov/basis/Bill/Text/34?Hsid=HB0194B) - [SCS HB 194(FIN) (PDF)](https://www.akleg.gov/PDF/34/Bills/HB0194B.PDF) - [HB 194 (HTML)](https://www.akleg.gov/basis/Bill/Text/34?Hsid=HB0194A) - [HB 194 (PDF)](https://www.akleg.gov/PDF/34/Bills/HB0194A.PDF) ## Related - [HB 195: PHARMACISTS; PHYSICIAN ASSOCIATES](https://policyrisk.com/state-bill/AK-HB195-34) - [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) - [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-HB194-34 (as of 2026-11-04).