This bill would allow the City of Anchorage to purchase a 9-acre facility within city limits for the purpose of housing Alaska's National Archives. The state's archives contain both federal and state records dating back to the state's purchase in 1867. The Archives are currently housed in a different Anchorage facility that is scheduled to be shut down as a cost-saving measure that arrives following a National Archives and Records (NARA)
budget cut. If the bill fails to pass, the Archives would be moved to a NARA facility in Seattle, with some state records being moved to Juneau.