Legislature(2025 - 2026)

2026-05-16 House Journal

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2026-05-16                     House Journal                      Page 2664
SB 104                                                                                                                        
The following was read the second time:                                                                                         
                                                                                                                                
    CS FOR SENATE BILL NO. 104(FIN)                                                                                             
    "An Act relating to the transfer of a title on the death of the owner;                                                      
    relating to the transferability of common interest community                                                                
    ownership interests; and providing for an effective date."                                                                  
                                                                                                                                
with the:                                                  Journal Page                                                         
                                                                                                                                
 TRA RPT 5DP 2NR 2414                                                                                                           
 FN2: (ADM) 2414                                                                                                                
 FIN RPT 7DP 2639                                                                                                               
 FN2: (ADM) 2639                                                                                                                
                                                                                                                                
Amendment No. 1 was not offered.                                                                                                
                                                                                                                                
Amendment No. 2 was offered  by Representative Stapp:                                                                            
                                                                                                                                
Page 5, following line 7:                                                                                                       
    Insert a new subsection to read:                                                                                            
         "(r)  If an individual is presumed to be dead and later found to                                                       
    be alive, the individual may bring an action to obtain title to a boat                                                      
    or vehicle the individual owned that was transferred to a                                                                   
    designated beneficiary. The individual must bring the action                                                                
    within 10 years after the date the individual was presumed to be                                                            
    dead."                                                                                                                      
                                                                                                                                
Reletter the following subsections accordingly.                                                                                 
                                                                                                                                
Page 5, following line 31:                                                                                                      
    Insert a new subsection to read:                                                                                            

2026-05-16                     House Journal                      Page 2665
"* Sec. 4. AS 13.48 is amended by adding a new section to read:                                                               
         Sec. 13.48.048. Common interest communities. If an                                                                   
    individual is presumed to be dead and later found to be alive, the                                                          
    individual may bring an action to obtain an ownership interest in a                                                         
    unit in a common interest community, or leasehold interest in a                                                             
    leasehold common interest community subject to AS 34.08, that                                                               
    the individual owned that was transferred to a designated                                                                   
    beneficiary. The individual must bring the action within 10 years                                                           
    after the date the individual was presumed to be dead."                                                                     
                                                                                                                                
Renumber the following bill sections accordingly.                                                                               
                                                                                                                                
Page 6, line 29:                                                                                                                
    Delete "Section 7"                                                                                                          
    Insert "Section 8"                                                                                                          
                                                                                                                                
Page 6, line 30:                                                                                                                
    Delete "sec. 8"                                                                                                             
    Insert "sec. 9"                                                                                                             
                                                                                                                                
Representative Stapp moved and asked unanimous consent that                                                                     
Amendment No. 2 be adopted.                                                                                                     
                                                                                                                                
There was objection.                                                                                                            
                                                                                                                                
Representative Stapp moved and asked unanimous consent to                                                                       
withdraw Amendment No. 2 was adopted. There being no objection, it                                                              
was so ordered.                                                                                                                 
                                                                                                                                
Representative Kopp moved and asked unanimous consent that                                                                      
CSSB 104(FIN) be engrossed, advanced to third reading, and placed                                                               
on final passage. There being no objection, it was so ordered.                                                                  
                                                                                                                                
CSSB 104(FIN) was read the third time.                                                                                          
                                                                                                                                
The question being:  "Shall CSSB 104(FIN) pass the House?"  The roll                                                            
was taken with the following result:                                                                                            
                                                                                                                                
CSSB 104(FIN)                                                                                                                   
Third Reading                                                                                                                   
Final Passage                                                                                                                   
                                                                                                                                

2026-05-16                     House Journal                      Page 2666
YEAS:  40   NAYS:  0   EXCUSED:  0   ABSENT:  0                                                                               
                                                                                                                                
Yeas:  Allard, Bynum, Carrick, Costello, Coulombe, Dibert, Edgmon,                                                              
Eischeid, Elam, Fields, Foster, Frier, Galvin, Gray, Hall, Hannan,                                                              
Himschoot, Holland, Jimmie, Johnson, Josephson, Kopp, McCabe,                                                                   
Mears, Mina, Moore, D.Nelson, G.Nelson, Prax, Ruffridge, Saddler,                                                               
Schrage, Schwanke, St. Clair, Stapp, Story, Stutes, Tomaszewski,                                                                
Underwood, Vance                                                                                                                
                                                                                                                                
And so, CSSB 104(FIN) passed the House.                                                                                         
                                                                                                                                
Representative Kopp moved and asked unanimous consent that the roll                                                             
call on the passage of the bill be considered the roll call on the                                                              
effective date clause.  There being no objection, it was so ordered.                                                            
                                                                                                                                
CSSB 104(FIN) was signed by the Speaker and Chief Clerk, and                                                                    
returned to the Senate.