# Alaska HB 65: RAILROAD CORP. FINANCING

Alaska HB 65, RAILROAD CORP. FINANCING, is a 34th Legislature (2025-2026) House bill sponsored by Louise Stutes (Republican); status signed, last action 2025-03-10 ((H) EFFECTIVE DATE(S) OF LAW 3/7/25) (as of 2026-11-04).

- Canonical: https://policyrisk.com/state-bill/AK-HB65-34
- 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 65
- State: Alaska
- Session: 34th Legislature (2025-2026)
- Title: RAILROAD CORP. FINANCING
- Status: signed
- Chamber: House
- Introduced: 2025-01-24
- Last action: 2025-03-10, (H) EFFECTIVE DATE(S) OF LAW 3/7/25
- Sponsor: Louise Stutes (Republican)
- Cosponsors: 20
- Touches household money: no
- Economic provisions PRIA read: 1

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Higher bond limit for Seward dock replacement: benefit, medium. Effective immediately, the Alaska Railroad Corporation can issue up to $135 million in bonds, up from $60 million. This borrowing authority—not a direct spending grant—finances replacement of Seward’s passenger dock and related terminal. Bonds can also cover debt-payment reserves, interest during c…

## Sponsors and cosponsors

- Sponsor: Louise Stutes (Republican), House
- Cosponsor: Jesse Bjorkman (Republican), Senate
- Cosponsor: Jeremy Bynum (Republican), House
- Cosponsor: Matt Claman (Democratic), Senate
- Cosponsor: Mia Costello (Republican), House
- Cosponsor: Mike Cronk (Republican), Senate
- Cosponsor: David Nelson (Republican), House
- Cosponsor: Bill Elam (Republican), House
- Cosponsor: Alyse Galvin (Not), House
- Cosponsor: Hughes
- Cosponsor: Andy Josephson (Democratic), House
- Cosponsor: James Kaufman (Republican), Senate
- Cosponsor: Kevin McCabe (Republican), House
- Cosponsor: Mike Prax (Republican), House
- Cosponsor: Rauscher
- Cosponsor: Dan Saddler (Republican), House
- Cosponsor: Calvin Schrage (Not), House
- Cosponsor: Bert Stedman (Republican), Senate
- Cosponsor: Gary Stevens (Republican), Senate
- Cosponsor: Frank Tomaszewski (Republican), House
- Cosponsor: Robert Yundt (Republican), Senate

## Actions (45)

- 2025-03-10: (H) EFFECTIVE DATE(S) OF LAW 3/7/25 (House)
- 2025-03-10: (H) SIGNED INTO LAW 3/6 CHAPTER 1 SLA 25 (House)
- 2025-02-28: (H) 11:58 A.M. 2/28/25 TRANSMITTED TO GOVERNOR (House)
- 2025-02-26: (S) VERSION: HB 65 (Senate)
- 2025-02-26: (S) RETURN TO (H), TRANSMIT TO GOVERNOR NEXT (Senate)
- 2025-02-26: (S) CROSS SPONSOR(S): KAUFMAN, CLAMAN, STEDMAN, YUNDT (Senate)
- 2025-02-26: (S) EFFECTIVE DATE(S) SAME AS PASSAGE (Senate)
- 2025-02-26: (S) PASSED Y18 N- E2 (Senate)
- 2025-02-26: (S) READ THE THIRD TIME HB 65 (Senate)
- 2025-02-24: (S) Minutes (SFIN) (Senate)
- 2025-02-24: (S) Moved HB 65 Out of Committee (Senate)
- 2025-02-24: (S) FINANCE at 09:00 AM SENATE FINANCE 532 (Senate)
- 2025-02-24: (S) ADVANCED TO THIRD READING 2/26 CAL (Senate)
- 2025-02-24: (S) READ THE SECOND TIME (Senate)
- 2025-02-24: (S) RULES TO CALENDAR 2/24/2025 (Senate)
- 2025-02-24: (S) FN1: ZERO(CED) (Senate)
- 2025-02-24: (S) DP: STEDMAN, HOFFMAN, KAUFMAN, CRONK, MERRICK, KIEHL (Senate)
- 2025-02-24: (S) FIN RPT 6DP (Senate)
- 2025-02-24: Audio/Video (House)
- 2025-02-19: (S) Minutes (SFIN) (Senate)
- 2025-02-19: (S) Scheduled but Not Heard (Senate)
- 2025-02-19: (S) FINANCE at 09:00 AM SENATE FINANCE 532 (Senate)
- 2025-02-19: (S) CROSS SPONSOR(S): BJORKMAN, HUGHES, CRONK, STEVENS (Senate)
- 2025-02-19: (S) FIN (Senate)
- 2025-02-19: (S) READ THE FIRST TIME - REFERRALS (Senate)
- 2025-02-17: (H) VERSION: HB 65 (House)
- 2025-02-17: (H) TRANSMITTED TO (S) (House)
- 2025-02-17: (H) JOSEPHSON, RAUSCHER (House)
- 2025-02-17: (H) COSPONSOR(S): SADDLER, BYNUM, ELAM, MCCABE, COSTELLO, SCHRAGE, NELSON, (House)
- 2025-02-17: (H) EFFECTIVE DATE(S) SAME AS PASSAGE (House)
- 2025-02-17: (H) PASSED Y36 E4 (House)
- 2025-02-17: (H) READ THE THIRD TIME HB 65 (House)
- 2025-02-17: (H) ADVANCED TO THIRD READING UC (House)
- 2025-02-17: (H) READ THE SECOND TIME (House)
- 2025-02-17: (H) RULES TO CALENDAR 2/17/2025 (House)
- 2025-02-14: (H) COSPONSOR(S): GALVIN (House)
- 2025-02-14: (H) FN1: ZERO(CED) (House)
- 2025-02-14: (H) DP: TOMASZEWSKI, BYNUM, JIMMIE, GALVIN, STAPP, ALLARD, HANNAN, FOSTER, JOSEPHSON (House)
- 2025-02-14: (H) FIN RPT 9DP (House)
- 2025-02-12: (H) Minutes (HFIN) (House)
- 2025-02-12: (H) Moved HB 65 Out of Committee (House)
- 2025-02-12: (H) FINANCE at 01:30 PM ADAMS 519 (House)
- 2025-02-12: Audio/Video (House)
- 2025-01-24: (H) FIN (House)
- 2025-01-24: (H) READ THE FIRST TIME - REFERRALS (House)

## Bill text

- Enrolled HB 65, 2025-02-26: [HTML](https://www.akleg.gov/basis/Bill/Text/34?Hsid=HB0065Z), [PDF](https://www.akleg.gov/PDF/34/Bills/HB0065Z.PDF)
- HB 65, 2025-01-24: [HTML](https://www.akleg.gov/basis/Bill/Text/34?Hsid=HB0065A), [PDF](https://www.akleg.gov/PDF/34/Bills/HB0065A.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 65 (HTML)](https://www.akleg.gov/basis/Bill/Text/34?Hsid=HB0065Z)
- [Enrolled HB 65 (PDF)](https://www.akleg.gov/PDF/34/Bills/HB0065Z.PDF)
- [HB 65 (HTML)](https://www.akleg.gov/basis/Bill/Text/34?Hsid=HB0065A)
- [HB 65 (PDF)](https://www.akleg.gov/PDF/34/Bills/HB0065A.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-HB65-34 (as of 2026-11-04).