The Alaska Legislature adjourned the first regular session of the 2023-2024 legislative season on May 17, 2023. Because the Legislature failed to pass a state budget during the regular session, Governor Dunleavy immediately called legislators back into a Special Session on May 18, where they promptly passed a budget for State Fiscal Year 2024 (July 1, 2023 – June 30, 2024). Much of the more significant or controversial legislation introduced in the first session did not pass - including proposed constitutional amendments regarding the Permanent Fund and the Permanent Fund Dividend. The Legislature also did not pass legislation repealing ranked choice voting, dealing with “culture war” issues, addressing changes to the teachers’ and state employees’ retirement programs, and many more issues. And notably, no legislation passed to make significant progress on a long-term fiscal plan.
One bill that did pass is Senate Bill 48, the Governor’s Carbon Offset Program and Carbon Storage program which allows state land to be used for carbon offset credits. The Governor signed this bill, and the Alaska Department of Natural Resources has started the process to develop program regulations. Click here for more information.
Here are a few informative articles that recap the session from the following news outlets:
There has been talk of the Legislature calling a Special Session to override the Governor’s veto of certain items in the FY 24 budget, and the Governor has hinted of a Special Session to address a long-term fiscal plan. As of this writing no Special Sessions are scheduled.
The second half of the 2023-2024 legislative season begins in January 2024. Legislation introduced during the first half of the session can still be considered in the January to May 2024 session.
Meanwhile, Alaska Common Ground will be watching to see if a Special Session is called this Fall to address a long-term fiscal plan or any Permanent Fund/Permanent Fund Dividend related legislation to determine if we can facilitate public discussions on these topics. Stay tuned!