2025-07-30                     House Journal                      Page 1386
HB 174                                                                                                                        
The following letter was dated June 24 and received June 25 at                                                                  
1:45 p.m.:                                                                                                                      
                                                                                                                                
"Dear Speaker Edgmon:                                                                                                           
                                                                                                                                
Under the authority vested in me by Article II, Section 15, of the                                                              
Alaska Constitution, I have vetoed the following bill:                                                                          
                                                                                                                                
     HOUSE BILL NO. 174                                                                                                         
     "An Act relating to the regional educational attendance area and                                                           
     small municipal school district fund; relating to Mt. Edgecumbe                                                            
     High School; and relating to teacher housing."                                                                             
                                                                                                                                
HB 174 would transform the REAA Fund - created originally for rural                                                             
school construction and later expanded to include major maintenance -                                                           
by adding Mt. Edgecumbe High School projects and, for the first time,                                                           
teacher-housing maintenance, a cost traditionally paid by local                                                                 
communities. HB 174 diminishes the equity across school districts that                                                          
is provided by the Fund and commits the State to a local housing                                                                

2025-07-30                     House Journal                      Page 1387
obligation, diverting already-scarce dollars away from critical                                                                 
classroom repairs and complicating grant rankings. Additionally, the                                                            
bill repeals the Fund’s $70 million cash cap, letting unrestricted                                                              
general-fund cash accumulate without project deadlines and adding                                                               
ongoing operating costs to the State.                                                                                           
                                                                                                                                
Sincerely,                                                                                                                      
/s/                                                                                                                             
Mike Dunleavy                                                                                                                   
Governor"