---
type: "Bill"
title: "An Act relating to the power cost equalization endowment fund; relating to power cost equalization; and providing for an effective date."
description: "An Act relating to the power cost equalization endowment fund; relating to power cost equalization; and providing for an effective date."
jurisdiction: "us/states/ak"
legislature: "Alaska Legislature"
session: "32"
identifier: "SB 243"
citation: "Alaska SB 243 (32)"
classification: ["bill"]
subjects: ["ENERGY", "FUNDS", "INVESTMENTS", "SALES", "UTILITIES"]
status: "enacted"
primary_sponsors: ["SENATE FINANCE"]
version_count: 3
action_count: 49
vote_count: 2
first_action: "2022-04-19"
last_action: "2022-10-05"
source: "openstates"
source_identifier: "ocd-bill/cb953563-1fa2-4953-87b9-5e3901df130b"
source_url: "https://www.akleg.gov/basis/Bill/Detail/32?Root=SB243"
source_hash: "9391016d86aa3afce8c80bb02ba597c515fa56a07d94f84a6bcbce9e763404e1"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ak"]
---

# Alaska SB 243 (32) — An Act relating to the power cost equalization endowment fund; relating to power cost equalization; and providing for an effective date.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **CSSB 243(FIN)** (committee substitute) — [source](https://www.akleg.gov/basis/Bill/Text/32?Hsid=SB0243B)
2. **Enrolled SB 243** (committee substitute) — [source](https://www.akleg.gov/basis/Bill/Text/32?Hsid=SB0243Z)
3. **SB 243** (committee substitute) — [source](https://www.akleg.gov/basis/Bill/Text/32?Hsid=SB0243A)

## Votes

- (S) PASSED Y18 N1 E1 #2497 — **18–1** (pass) · upper
- (H) PASSED Y38 N2 #2960 — **38–2** (pass) · lower

## Sponsors

- SENATE FINANCE — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2022-04-19** (S) READ THE FIRST TIME - REFERRALS `reading-1`
- **2022-04-19** (S) FIN
- **2022-04-20** (S) FINANCE at 09:00 AM SENATE FINANCE 532
- **2022-04-20** (S) Heard & Held
- **2022-04-20** (S) Minutes (SFIN)
- **2022-04-27** (S) FIN RPT CS 6DP 1AM NEW TITLE
- **2022-04-27** (S) DP: STEDMAN, BISHOP, HOFFMAN, WIELECHOWSKI, OLSON, VON IMHOF
- **2022-04-27** (S) AM: WILSON
- **2022-04-27** (S) FN1: (CED)
- **2022-04-27** (S) FINANCE at 09:00 AM SENATE FINANCE 532
- **2022-04-27** (S) Moved CSSB 243(FIN) Out of Committee
- **2022-04-27** (S) Minutes (SFIN)
- **2022-05-02** (S) RULES TO CALENDAR 5/3/2022
- **2022-05-03** (S) READ THE SECOND TIME `reading-2`
- **2022-05-03** (S) FIN CS ADOPTED UC
- **2022-05-03** (S) ADVANCED TO THIRD READING UC `reading-3`
- **2022-05-03** (S) READ THE THIRD TIME CSSB 243(FIN) `reading-3`
- **2022-05-03** (S) PASSED Y18 N1 E1 `passage`
- **2022-05-03** (S) EFFECTIVE DATE(S) SAME AS PASSAGE
- **2022-05-03** (S) TRANSMITTED TO (H) `passage`
- **2022-05-03** (S) VERSION: CSSB 243(FIN)
- **2022-05-04** (H) READ THE FIRST TIME - REFERRALS `reading-1`
- **2022-05-04** (H) FIN
- **2022-05-09** (H) FINANCE at 01:30 PM ADAMS 519
- **2022-05-09** (H) Heard & Held
- **2022-05-09** (H) Minutes (HFIN)
- **2022-05-13** (H) FINANCE at 09:00 AM ADAMS 519
- **2022-05-13** (H) -- MEETING CANCELED --
- **2022-05-13** (H) FINANCE at 01:30 PM ADAMS 519
- **2022-05-13** (H) Moved CSSB 243(FIN) Out of Committee
- **2022-05-15** (H) FIN RPT 5DP 5NR
- **2022-05-15** (H) DP: ORTIZ, EDGMON, CARPENTER, JOSEPHSON, FOSTER
- **2022-05-15** (H) NR: LEBON, THOMPSON, WOOL, RASMUSSEN, MERRICK
- **2022-05-15** (H) FN1: (CED)
- **2022-05-15** (H) RULES TO CALENDAR 5/15/2022
- **2022-05-15** (H) READ THE SECOND TIME `reading-2`
- **2022-05-15** (H) ADVANCED TO THIRD READING 5/16 CALENDAR `reading-3`
- **2022-05-16** (H) READ THE THIRD TIME CSSB 243(FIN) `reading-3`
- **2022-05-16** (H) PASSED Y38 N2 `passage`
- **2022-05-16** (H) EFFECTIVE DATE(S) SAME AS PASSAGE
- **2022-05-16** (H) RETURN TO (S), TRANSMIT TO GOV NEXT
- **2022-05-16** (H) VERSION: CSSB 243(FIN)
- **2022-10-05** (S) 1:10 P.M. 7/1/22 Transmitted to Governor `executive-receipt`
- **2022-10-05** (S) Signed into law 7/15 CHAPTER 39 SLA 22 `executive-signature`
- **2022-10-05** (S) EFFECTIVE DATE(S) OF LAW 7/16/22 `became-law`
- **2022-10-05** (S) LEG FINANCE APPROPRIATION MESSAGE 8/10/22
- **2022-10-05** (H) LEG FINANCE APPROPRIATION MESSAGE 8/10/22
- **2022-10-05** (H) FN(S) ATTACHED TO APPROP. BILL HB 281
- **2022-10-05** (H) FN1: (CED)

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/cb953563-1fa2-4953-87b9-5e3901df130b`. Confidence: reported (aggregated from official Alaska legislature records).