The bill amends existing laws regarding procurement preferences for agricultural and fisheries products harvested or processed within the state of Alaska. It establishes that municipalities receiving state funds must prioritize purchasing local agricultural products if they are priced no more than 10% above similar products from outside the state, and they may purchase them if priced no more than 25% above. Similar provisions apply to fisheries products, with the same pricing thresholds.

Additionally, the bill modifies the percentage preferences applied to the prices of state-purchased agricultural and fisheries products, increasing the minimum preference from 7% to 10% and the maximum from 15% to 25%. These changes aim to support local agriculture and fisheries by ensuring that state and municipal purchases favor in-state products when they are competitively priced. The bill is set to take effect on July 1, 2025.

Statutes affected:
SB0067A, AM SB 67, introduced 01/24/2025: 29.71.040, 36.15.050