This bill amends existing laws in Alaska to facilitate the transfer of titles for boats and vehicles upon the death of their owners. It introduces a new section, AS 13.33.401, which allows owners to obtain a "transfer on death" title for their boats or vehicles, designating one or two beneficiaries who will receive the title automatically upon the owner's death. The bill outlines the process for obtaining this title, including the requirement for an application and payment of a fee, and specifies that the transfer is effective without the need for notice or acceptance by the beneficiary. Additionally, it clarifies that the transfer on death title is a nontestamentary transfer, meaning it does not require probate.

The bill also makes several amendments to existing statutes, including AS 05.25 and AS 13.33.101, to incorporate the new provisions regarding transfer on death titles. It specifies that the designated beneficiary must survive the owner by 120 hours to inherit the title and allows for the revocation or change of the designated beneficiary during the owner's lifetime. Furthermore, it includes provisions for the enforcement of liabilities against the transferred property and establishes that the Department of Administration may adopt necessary regulations to implement these changes. The effective date for the majority of the bill is set for July 1, 2026, with certain provisions taking effect immediately.

Statutes affected:
SB0104A, AM SB 104, introduced 02/19/2025: 13.33.401, 13.33.101, 13.12.203, 13.12.803, 13.12.804, 05.25.055, 05.25.056, 28.10.201, 13.48.110, 28.10.211, 28.10.271
SB0104B, AM CSSB 104(FIN), introduced 03/04/2026: 13.33.401, 13.33.101, 13.12.203, 13.12.803, 13.12.804, 05.25.055, 05.25.056, 28.10.201, 13.48.110, 13.48.190, 28.10.211, 28.10.271
SB0104Z, AM Enrolled SB 104, introduced 05/16/2026: 13.33.401, 13.33.101, 13.12.203, 13.12.803, 13.12.804, 05.25.055, 05.25.056, 28.10.201, 13.48.110, 13.48.190, 28.10.211, 28.10.271