00CS FOR HOUSE BILL NO. 272(CRA)                                                                                          
01 "An Act relating to municipal taxation of motor vehicles; and providing for an                                          
02 effective date."                                                                                                        
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
04    * Section 1.  AS 28.10.431 is amended by adding a new subsection to read:                                            
05  (i)  A municipality that imposes a motor vehicle registration tax as described                                        
06 under (a) of this section may also increase or decrease the scheduled amount of tax                                     
07 described under (b) of this section by passage of an appropriate ordinance.  A                                          
08 municipality that chooses to change the tax imposed under (b) of this section shall file                                
09 a written notice of the change with the department by January 1 of the year preceding                                   
10 the year in which the change in tax is to take effect.  A municipality may not change                                   
11 the amount of the tax imposed under this section more than once every two years.                                        
12 The department may charge a municipality a one-time fee to cover the cost to the                                        
13 department of implementing a change under this subsection.                                                              
14     * Sec. 2.   This Act takes effect July 1, 1995.