Alaska legislation · 34th Legislature
Alaska HB126: REINSTATEMENT NATIVE CORPS/ANCSA REPORTS
Status: Signed into law, June 24, 2026
An Act relating to the reinstatement of Native village corporations; relating to proxy solicitations to shareholders of corporations organized under state law under the Alaska Native Claims Settlement Act; and providing for an effective date.
What the bill says
From the introduced text:
LAWS OF ALASKA Source Chapter No. SCS CSHB 126(L&C) _______ Relating to the reinstatement of Native village corporations; relating to proxy solicitations to shareholders of corporations organized under state law under the Alaska Native Claims Settlement Act; and providing for an effective date. _______________ THE ACT FOLLOWS ON PAGE Enrolled HB Relating to the reinstatement of Native village corporations; relating to proxy solicitations to shareholders of corporations organized under state law under the Alaska Native Claims Settlement Act; and providing for an effective date. _______________ * Section 1. AS 10.06.960(k) is amended to read: (k) Notwithstanding (i) of this section and the requirement provided under AS 10.06.633(e) that a corporation may only be reinstated within two years from the date of the certificate of involuntary dissolution, a corporation that is organized as a Native village corporation under the Act and [,] that has been involuntarily dissolved by the commissioner under AS 10.06.633 [, AND THAT HAS FAILED TO APPLY FOR REINSTATEMENT DURING THE PERIOD ESTABLISHED UNDER AS 10.06.633(e)] may be reinstated under AS 10.06.633(e) at any time [ON OR BEFORE DECEMBER 31, 2020]. The reinstated corporation and its shareholders have all of the rights, privileges, liabilities, and obligations that would have applied to them -1- Enrolled HB if the corporation had not been dissolved, and all corporate and shareholder actions …
Sponsors
- Neal Foster (D, HD-039) · primary sponsor
- Nellie Jimmie (D, HD-038)
- Burke
- Maxine Dibert (D, HD-031)
- Andrew Josephson (D, HD-017)
- Jamie Allard (R, HD-023)
- Jeremy Bynum (R, HD-001)
- Charles Kopp (R, HD-010)
- David Nelson (R, HD-018)
- Elvi Gray-Jackson (D, SD-I)
- Catherine Giessel (R, SD-E)
- Matt Claman (D, HD-021)
Latest actions
- : (H) EFFECTIVE DATE(S) OF LAW 6/25/26
- : (H) SIGNED INTO LAW 6/24 CHAPTER 37 SLA 26
- : (H) 1:55 P.M. 6/8/26 TRANSMITTED TO GOVERNOR
- : (H) EFFECTIVE DATE(S) SAME AS PASSAGE
- : (H) CONCUR AM OF (S) Y36 N3 A1
- : (H) CONCUR MESSAGE TAKEN UP
- : (H) TITLE CHANGE: SCR 13
- : (H) CONCUR MESSAGE RECEIVED
- : (S) VERSION: SCS CSHB 126(L&C)
- : (S) TRANSMITTED TO (H) AS AMENDED
Votes
- CONCUR AM OF (S) (May 20, 2026): 36 yea, 3 nay, failed
- CONCUR AM OF (S) (May 20, 2026): 36 yea, 3 nay, failed
- PASSED (May 19, 2026): 20 yea, 0 nay, passed
- PASSED (May 18, 2025): 40 yea, 0 nay, passed
- AM NO 4 FAILED (May 18, 2025): 19 yea, 21 nay, failed
- AM NO 3 FAILED (May 18, 2025): 19 yea, 21 nay, failed
Subjects: ALASKA NATIVES, NATIVE ORGANIZATIONS, CORPORATIONS
Common questions
- What is HB126?
- HB126 is a bill in the Alaska Legislature (34th Legislature): REINSTATEMENT NATIVE CORPS/ANCSA REPORTS.
- What does HB126 do?
- An Act relating to the reinstatement of Native village corporations; relating to proxy solicitations to shareholders of corporations organized under state law under the Alaska Native Claims Settlement Act; and providing for an effective date.
- What is the status of HB126?
- Signed into law as of June 24, 2026. Latest action: (H) EFFECTIVE DATE(S) OF LAW 6/25/26 (July 3, 2026).
- Who sponsored HB126?
- Neal Foster (D, HD-039), with 11 co-sponsors.
- Where is the official record for HB126?
- On the Alaska Legislature website: https://www.akleg.gov/basis/Bill/Detail/34?Root=HB 126
Source: official Alaska record. Tracked by Delilah, AI for legislation across all 50 states and Congress.