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CSSSHB 143(CRA): "An Act relating to the distribution of the revenue obtained from imposition of the state tax on motor fuel used in watercraft of all descriptions; and providing for an effective date."

00CS FOR SPONSOR SUBSTITUTE FOR HOUSE BILL NO. 143(CRA) 01 "An Act relating to the distribution of the revenue obtained from imposition of 02 the state tax on motor fuel used in watercraft of all descriptions; and providing 03 for an effective date." 04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 05 * Section 1. AS 43.40.010(f) is amended to read: 06  (f) The proceeds from the revenue from the tax on motor fuel used in [BOATS 07 AND] watercraft of all descriptions shall be deposited in a special watercraft fuel tax 08 account in the general fund. The legislature may appropriate from this account, under 09 (m) of this section, for water and harbor facilities. 10 * Sec. 2. AS 43.40.010 is amended by adding a new subsection to read: 11  (m) A portion of the proceeds of the revenue from the tax on motor fuel 12 deposited into the special watercraft fuel account in the general fund shall be paid to 13 each municipality operating a moorage facility within the boundary of the municipality. 14 The amount received by the municipality may be used by the municipality only for the

01 operation and maintenance of municipal water and harbor facilities. The payment due 02 the municipality under this subsection is determined by multiplying the proceeds of the 03 watercraft motor fuel tax obtained by the department within the municipality by a 04 fraction, the numerator of which is the total linear footage of the moorage facilities 05 within the municipality that are owned by the municipality and the denominator of 06 which is the total linear footage of all moorage facilities within the municipality that 07 are publicly operated. The commissioner shall determine the total linear footage. The 08 amount distributable under this subsection is subject to legislative appropriation. In 09 this subsection, "moorage facility" means 10  (1) a facility, including approaches, constructed for the purpose of 11 public moorage of watercraft; and 12  (2) a grid. 13 * Sec. 3. This Act takes effect July 1, 1993.