00 HOUSE BILL NO. 173 01 "An Act relating to public construction contracts; and providing for an effective date." 02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 03  * Section 1. AS 36.05.005 is amended to read: 04 Sec. 36.05.005. Applicability. This chapter applies only to a public 05 construction contract that exceeds $150,000 [$25,000].  06  * Sec. 2. This Act takes effect immediately under AS 01.10.070(c).