AK HB289

Appropriates $518.9 million in operating expenditures for FY2026, including $395.5 million for Medicaid Services, $38 million for University of Alaska, $24 million for Department of Corrections, and $20 million for population management at correctional institutions

Allocates $119.2 million for capital projects including $69.7 million for federal highway and aviation match funds, $25 million for Alaska Energy Authority bulk fuel upgrades, $8 million for University of Alaska Museum of the North Planetarium, and $6 million for protecting coastal Alaska Native communities

Appropriates $173.7 million for disaster response: $98.7 million and $52.9 million to the fire suppression fund, $75 million total to the disaster relief fund, with $35 million contingent on maintaining 25% state match rate for Typhoon Halong disaster relief (FEMA-4893-DR)

Extends prior appropriations for multiple programs including $29.8 million for University of Alaska COVID-19 response (drone program, critical minerals research, heavy oil recovery, mariculture), $2.3 million for Medicaid cost allocation assessment tool through 2031, and $5.95 million for SNAP program investments through 2028

Authorizes Constitutional Budget Reserve Fund draws to cover any revenue shortfall for FY2026 general fund appropriations, with an additional contingency appropriation not to exceed $20 million