Derelict Vessel Removal Reimbursement Program
Introduction
Following the enactment of derelict vessel regulations on March 26, 2025, the Alaska Department of Natural Resources (DNR) announced an opportunity for municipalities and state agencies to apply for derelict vessel removal reimbursement, funded by the Derelict Vessel Prevention Program Fund. Following the first reimbursement application cycle, DNR provided reimbursements to four municipalities for the removal of 11 derelict vessels, totaling roughly $96,000 in reimbursements.
No further DNR reimbursements will be provided, as the Derelict Vessel Prevention Program Fund was transferred to the Department of Transportation in the State's Fiscal Year 2026 budget. Additionally, the Alaska Legislature passed a bill in May 2025 that will repeal the fund once the bill becomes effective.