SB 334: "An Act relating to the tax on transfers or consumption of motor fuel, and to the proceeds from the tax; and providing for an effective date."
00SENATE BILL NO. 334 01 "An Act relating to the tax on transfers or consumption of motor fuel, and to 02 the proceeds from the tax; and providing for an effective date." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 43.40.010(a) is amended to read: 05 (a) There is levied a tax of 25 [EIGHT] cents a gallon on all motor fuel sold 06 or otherwise transferred within the state, except that 07 (1) the tax on aviation gasoline is four cents a gallon, 08 (2) the tax on motor fuel used in and on watercraft of all descriptions 09 is five cents a gallon, and 10 (3) the tax on all aviation fuel other than gasoline is two and one-half 11 cents a gallon. 12 * Sec. 2. AS 43.40.010(b) is amended to read: 13 (b) There is levied a tax of 25 [EIGHT] cents a gallon on all motor fuel 14 consumed by a user, except that
01 (1) the tax on aviation gasoline consumed is four cents a gallon, 02 (2) the tax on motor fuel used in and on watercraft of all descriptions 03 is five cents a gallon, and 04 (3) the tax on all aviation fuel other than gasoline is two and one-half 05 cents a gallon. 06 * Sec. 3. AS 43.40.010(g) is repealed and reenacted to read: 07 (g) The proceeds of the revenue from the tax on all motor fuels, except as 08 provided in (e), (f), (j), and (m) of this section, shall be deposited in a special highway 09 fuel tax account in the state general fund. The legislature may appropriate money 10 from the account for expenditure by the Department of Transportation and Public 11 Facilities directly or as matched with available federal-aid highway money for 12 maintenance of highways, construction of highway projects and ferries included in the 13 program provided for in AS 19.10.150, including approaches, appurtenances and 14 related facilities and acquisition of rights-of-way or easements, and other highway 15 costs including surveys, administration, and related matters. 16 * Sec. 4. AS 43.40.010 is amended by adding a new subsection to read: 17 (m) The proceeds of the revenue from one cent of the 25-cent tax imposed by 18 (a) and (b) of this section shall be deposited in a special storage tank assistance 19 account in the state general fund. The legislature may appropriate from this account 20 to the storage tank assistance fund established by AS 46.03.410. 21 * Sec. 5. This Act takes effect July 1, 1994.