# Alaska HB 388: BULK FUEL LOAN CAP

Alaska HB 388, BULK FUEL LOAN CAP, is a 34th Legislature (2025-2026) House bill sponsored by HOUSE FINANCE; status became law, last action 2026-07-03 ((H) EFFECTIVE DATE(S) OF LAW 7/3/26) (as of 2026-11-04).

- Canonical: https://policyrisk.com/state-bill/AK-HB388-34
- 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 388
- State: Alaska
- Session: 34th Legislature (2025-2026)
- Title: BULK FUEL LOAN CAP
- Status: became law
- Chamber: House
- Introduced: 2026-05-01
- Last action: 2026-07-03, (H) EFFECTIVE DATE(S) OF LAW 7/3/26
- Sponsor: HOUSE FINANCE
- Cosponsors: 0
- Touches household money: no
- Economic provisions PRIA read: 2

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Higher fuel loan limits for communities: benefit, low. Alaska raises the bulk fuel loan cap per borrower from $750,000 to $1.5 million. The bridge loan cap also rises from $750,000 to $1.5 million per borrower per fiscal year. Qualifying cooperative corporations and electric cooperatives buying fuel for multiple communities have a separate cap: $1.5 mi…
- Temporary funding authority for community fuel loans: benefit, low. For fiscal years ending June 30, 2026, and June 30, 2027, Alaska lawmakers can add money to the Bulk Fuel Revolving Loan Fund. This authority applies when the fund's unspent and uncommitted money cannot cover an eligible loan under the loan limits. Lawmakers can provide the amount needed for that l…

## Sponsors and cosponsors

- Sponsor: HOUSE FINANCE

## Actions (58)

- 2026-07-03: (H) EFFECTIVE DATE(S) OF LAW 7/3/26 (House)
- 2026-07-03: (H) LAW W/O GOVERNOR SIGNATURE 6/30 CHAPTER 47 SLA 26 (House)
- 2026-06-17: (H) 3:10 P.M. 6/15/26 TRANSMITTED TO GOVERNOR (House)
- 2026-05-20: (S) VERSION: CSHB 388(FIN) (Senate)
- 2026-05-20: (S) RETURN TO (H), TRANSMIT TO GOVERNOR NEXT (Senate)
- 2026-05-20: (S) EFFECTIVE DATE(S) SAME AS PASSAGE (Senate)
- 2026-05-20: (S) PASSED Y20 N- (Senate)
- 2026-05-20: (S) READ THE THIRD TIME CSHB 388(FIN) (Senate)
- 2026-05-20: (S) ADVANCED TO THIRD READING UC (Senate)
- 2026-05-20: (S) READ THE SECOND TIME (Senate)
- 2026-05-20: (S) RULES TO CALENDAR 5/20/2026 (Senate)
- 2026-05-17: (S) FN2: INDETERMINATE(H.FIN/FUND TRANSFERS) (Senate)
- 2026-05-17: (S) FN1: ZERO(CED) (Senate)
- 2026-05-17: (S) NR: KAUFMAN, MERRICK (Senate)
- 2026-05-17: (S) DP: OLSON, STEDMAN, HOFFMAN, CRONK, KIEHL (Senate)
- 2026-05-17: (S) FIN RPT 5DP 2NR (Senate)
- 2026-05-16: (S) Moved CSHB 388(FIN) Out of Committee -- Please Note Time Change -- (Senate)
- 2026-05-16: (S) FINANCE at 09:00 AM SENATE FINANCE 532 (Senate)
- 2026-05-16: Audio/Video (House)
- 2026-05-14: (S) Minutes (SFIN) (Senate)
- 2026-05-14: (S) Heard & Held -- Please Note Time Change -- (Senate)
- 2026-05-14: (S) FINANCE at 01:30 PM SENATE FINANCE 532 (Senate)
- 2026-05-14: (S) FIN (Senate)
- 2026-05-14: (S) READ THE FIRST TIME - REFERRALS (Senate)
- 2026-05-14: Audio/Video (House)
- 2026-05-13: (H) VERSION: CSHB 388(FIN) (House)
- 2026-05-13: (H) TRANSMITTED TO (S) (House)
- 2026-05-13: (H) EFFECTIVE DATE(S) SAME AS PASSAGE (House)
- 2026-05-13: (H) PASSED Y39 E1 (House)
- 2026-05-13: (H) READ THE THIRD TIME CSHB 388(FIN) (House)
- 2026-05-13: (H) ADVANCED TO THIRD READING UC (House)
- 2026-05-13: (H) FIN CS ADOPTED UC (House)
- 2026-05-13: (H) READ THE SECOND TIME (House)
- 2026-05-13: (H) RULES TO CALENDAR 5/13/2026 (House)
- 2026-05-12: (H) FN2: INDETERMINATE(H.FIN/FUND TRANSFERS) (House)
- 2026-05-12: (H) FN1: ZERO(CED) (House)
- 2026-05-12: (H) NR: STAPP, ALLARD, TOMASZEWSKI, MOORE (House)
- 2026-05-12: (H) DP: JIMMIE, HANNAN, GALVIN, BYNUM, JOSEPHSON, SCHRAGE, FOSTER (House)
- 2026-05-12: (H) FIN RPT CS(FIN) 7DP 4NR (House)
- 2026-05-11: (H) Minutes (HFIN) (House)
- 2026-05-11: (H) Moved CSHB 388(FIN) Out of Committee -- Recessed to a Call of the Chair -- (House)
- 2026-05-11: (H) FINANCE at 01:30 PM ADAMS 519 (House)
- 2026-05-11: Audio/Video (House)
- 2026-05-08: (H) Heard & Held (House)
- 2026-05-08: (H) FINANCE at 01:30 PM ADAMS 519 (House)
- 2026-05-08: Audio/Video (House)
- 2026-05-07: (H) Heard & Held (House)
- 2026-05-07: (H) FINANCE at 01:30 PM ADAMS 519 (House)
- 2026-05-07: Audio/Video (House)
- 2026-05-05: (H) Minutes (HFIN) (House)
- 2026-05-05: (H) Heard & Held (House)
- 2026-05-05: (H) FINANCE at 01:30 PM ADAMS 519 (House)
- 2026-05-05: (H) Heard & Held -- Please Note Time Change -- (House)
- 2026-05-05: (H) FINANCE at 09:00 AM ADAMS 519 (House)
- 2026-05-05: Audio/Video (House)
- 2026-05-05: Audio/Video (House)
- 2026-05-01: (H) FIN (House)
- 2026-05-01: (H) READ THE FIRST TIME - REFERRALS (House)

## Bill text

- Enrolled HB 388, 2026-05-20: [HTML](https://www.akleg.gov/basis/Bill/Text/34?Hsid=HB0388Z), [PDF](https://www.akleg.gov/PDF/34/Bills/HB0388Z.PDF)
- CSHB 388(FIN), 2026-05-12: [HTML](https://www.akleg.gov/basis/Bill/Text/34?Hsid=HB0388B), [PDF](https://www.akleg.gov/PDF/34/Bills/HB0388B.PDF)
- HB 388, 2026-05-01: [HTML](https://www.akleg.gov/basis/Bill/Text/34?Hsid=HB0388A), [PDF](https://www.akleg.gov/PDF/34/Bills/HB0388A.PDF)

## Related bills

- HB 263: APPROP: OPERATING BUDGET;FUNDS;SUPP (signed)
- HB 265: APPROP: MENTAL HEALTH BUDGET (signed)
- HB 239: CRIME/CNTRL SUBST/ADDRESS CONFIDENTIALITY (became law)
- HB 246: SPECIAL EDUCATION SERVICE AGENCY FUNDING (became law)
- HB 195: PHARMACISTS; PHYSICIAN ASSOCIATES (became law)
- HB 73: COMPLEX CARE RESIDENTIAL HOMES (signed)

## Sources
- [Enrolled HB 388 (HTML)](https://www.akleg.gov/basis/Bill/Text/34?Hsid=HB0388Z)
- [Enrolled HB 388 (PDF)](https://www.akleg.gov/PDF/34/Bills/HB0388Z.PDF)
- [CSHB 388(FIN) (HTML)](https://www.akleg.gov/basis/Bill/Text/34?Hsid=HB0388B)
- [CSHB 388(FIN) (PDF)](https://www.akleg.gov/PDF/34/Bills/HB0388B.PDF)
- [HB 388 (HTML)](https://www.akleg.gov/basis/Bill/Text/34?Hsid=HB0388A)
- [HB 388 (PDF)](https://www.akleg.gov/PDF/34/Bills/HB0388A.PDF)

## Related
- [HB 263: APPROP: OPERATING BUDGET;FUNDS;SUPP](https://policyrisk.com/state-bill/AK-HB263-34)
- [HB 265: APPROP: MENTAL HEALTH BUDGET](https://policyrisk.com/state-bill/AK-HB265-34)
- [HB 239: CRIME/CNTRL SUBST/ADDRESS CONFIDENTIALITY](https://policyrisk.com/state-bill/AK-HB239-34)
- [HB 246: SPECIAL EDUCATION SERVICE AGENCY FUNDING](https://policyrisk.com/state-bill/AK-HB246-34)
- [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)
- [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-HB388-34 (as of 2026-11-04).