Alaska · 34th Legislature (2025-2026) · Bill

HB 116: An Act exempting from insurance regulation cooperative agreements entered into by two or more persons engaged in commercial fishing for the purpose of paying claims or losses.

Enacted Last action July 30, 2025: (H) EFFECTIVE DATE(S) OF LAW 10/22/25

Plain-language summary

HB 116 is a bill introduced in the Alaska House on February 26, 2025. According to its official title, it concerns: An Act exempting from insurance regulation cooperative agreements entered into by two or more persons engaged in commercial fishing for the purpose of paying claims or losses. Primary sponsor: House Fisheries. Most recent recorded action (July 30, 2025): (H) EFFECTIVE DATE(S) OF LAW 10/22/25.

Sponsors

Primary sponsor: House Fisheries.