SB0157A -1- SB 157 New Text Underlined [DELETED TEXT BRACKETED] 34-LS0509\N SENATE BILL NO. 157 IN THE LEGISLATURE OF THE STATE OF ALASKA THIRTY-FOURTH LEGISLATURE - FIRST SESSION BY SENATORS MYERS, Gray-Jackson Introduced: 4/4/25 Referred: Education, State Affairs A BILL FOR AN ACT ENTITLED "An Act relating to notice of new fees and fee increases from the University of Alaska; 1 relating to billing statements from the University of Alaska; and providing for an 2 effective date." 3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 4 * Section 1. The uncodified law of the State of Alaska is amended by adding a new section 5 to read: 6 SHORT TITLE. This Act may be known as the Student Fee Transparency Act. 7 * Sec. 2. AS 14.40.170 is amended by adding a new subsection to read: 8 (c) At least 30 days before the Board of Regents imposes a new fee or 9 increases an existing fee under (b)(3) of this section, the board shall provide, by 10 electronic mail, to all currently enrolled students a notice that specifies 11 (1) the amount of the new fee or fee increase; 12 (2) the reason for the new fee or fee increase and the purpose for which 13 the university will use the revenue generated by the new fee or fee increase; and 14 34-LS0509\N SB 157 -2- SB0157A New Text Underlined [DELETED TEXT BRACKETED] (3) whether the new fee or fee increase is permanent or temporary and, 1 if temporary, the date on which the new fee or fee increase is expected to be 2 discontinued. 3 * Sec. 3. AS 14.40 is amended by adding a new section to read: 4 Sec. 14.40.252. Itemized billing statement. The University of Alaska shall 5 provide to each student enrolled in the university a billing statement that itemizes the 6 tuition and fees charged to the student. 7 * Sec. 4. This Act takes effect July 1, 2027. 8