The Alaska House and Senate are currently shepherding a collection of legislative proposals aimed at addressing a variety of issues, from the transfer of car and boat titles after an owner’s death, to the modernization of workers compensation rules, and adjustments in mortgage down payment requirements.
One of the notable bills, HB 81, has successfully passed through the House with unanimous support. The bill is designed to streamline the process for Alaskans transferring ownership of vehicles, boats, and some mobile homes to beneficiaries after the owner’s death. By simplifying the Department of Motor Vehicles form, the bill aims to facilitate a smoother transition without imposing additional costs on the state, thanks to fees that will sustain the program. This legislation builds on the efforts of the 2014 Uniform Real Property Transfer of Death Act and is now headed to the Senate for further consideration.
Meanwhile, the Senate has passed SB 147, with a vote of 19-1, to enhance workers’ compensation rights and benefits. This move comes as Alaska ranks as having the country’s fourth-highest workers’ compensation premiums. The bill intends to update regulations from 2005 to expedite access to medical benefits for workers and aid in their quicker return to employment. By adjusting for inflation, the bill aims to address frequent coverage issues, now awaiting review by the House.
In efforts to make homeownership more accessible, HB 273, backed by Governor Mike Dunleavy, has passed the House with a vote of 39-1. The bill proposes reducing the Alaska Housing Finance Corporation’s minimum mortgage down payment from 5% to 3%, and it will next be considered by the Senate.
Additionally, the House has shown support for infrastructure development by passing House Joint Resolution 19 in a 32-8 vote. This resolution endorses the extension of the railroad to Port MacKenzie and Fort Greely, signaling the House’s commitment to these projects as the proposal advances to the Senate.
