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AK HB291

Bill

Official Source

Status

Introduced

1/24/2024

Primary Sponsor

Stanley Wright

Click for details

Origin

House of Representatives

33rd Legislature

AI Summary

  • Amends Alaska Statute 45.55.139 to modify reporting requirements for Alaska Native Claims Settlement Act corporations
  • Removes the $1,000,000 total assets threshold from the reporting requirement
  • Requires corporations organized under Alaska law with at least 30 Alaska resident shareholders and 500 or more record holders of a class of equity security at the time of incorporation to file annual reports, proxies, proxy statements, and related materials with the administrator
  • Materials must be filed concurrently with distribution to shareholders

Legislative Description

Ancsa Reports

Native Organizations

Last Action

REFERRED TO FINANCE

2/21/2024

Committee Referrals

Finance2/21/2024
Arctic Policy, Economic Dev., & Tourism1/24/2024

Full Bill Text

No bill text available