AK SB81

Prohibits the Alaska Permanent Fund, state retirement systems, Supplemental Annuity Plan, and deferred compensation program from investing in publicly traded securities of companies conducting business operations in Sudan, effective immediately.

Requires the Commissioner of Revenue to create and annually update by December 31 a list of companies with direct investments in Sudan's power production, mineral extraction, oil, or military equipment sectors.

Exempts commingled investments and index funds from divestment requirements but requires fiduciaries to request managers to remove Sudan-linked companies from those funds by January 31 annually.

Provides 90-day notice period and opportunity to comment before adding companies to the Sudan investment list, with exemptions for operations in southern Sudan, humanitarian activities, health/education services, and activities under U.S. Treasury licenses.

Automatically repeals the divestment requirements if Sudan meets five specified commitments (abiding by UN Resolution 1769, ceasing civilian attacks, demilitarizing militias, providing humanitarian access, and allowing refugee returns), or if the Sudan Accountability and Divestment Act of 2007 is repealed.