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

SB 240: An Act relating to permanent fund dividend raffles; creating the senior citizen grants endowment fund and the senior citizen grants dividend raffle fund; authorizing donations from permanent fund dividends for grants to organizations that provide support for senior citizens and for entry into the senior citizen grants dividend raffle; relating to transfers from the senior citizen grants endowment fund and the senior citizen grants dividend raffle fund; relating to the duties of the Department of Revenue; and relating to the definition of 'gambling.'

In committee Last action March 17, 2026: (S) Heard & Held

Plain-language summary

SB 240 is a bill introduced in the Alaska Senate on February 11, 2026. According to its official title, it concerns: An Act relating to permanent fund dividend raffles; creating the senior citizen grants endowment fund and the senior citizen grants dividend raffle fund; authorizing donations from permanent fund dividends for grants to organizations that provide support for senior citizens and for entry into the senior citizen grants dividend raffle; relating to transfers from the senior citizen grants endowment fund and the senior citizen grants dividend raffle fund; relating to the duties of the Department of Revenue; and relating to the definition of 'gambling.'. Primary sponsor: Senate State Affairs. Most recent recorded action (March 17, 2026): (S) Heard & Held.

Sponsors

Primary sponsor: Senate State Affairs.