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HB 111: "An Act decreasing the fee for a business license; and providing for an effective date."

00 HOUSE BILL NO. 111 01 "An Act decreasing the fee for a business license; and providing for an effective date." 02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 03 * Section 1. AS 43.70.030(a) is amended to read: 04 (a) The fee for each business license is $25 [$100] per year [, EXCEPT THAT 05 THE FEE IS $50 IF 06 (1) THE BUSINESS IS A SOLE PROPRIETORSHIP; AND 07 (2) THE SOLE PROPRIETOR IS 65 YEARS OF AGE OR OLDER 08 WHEN THE SOLE PROPRIETOR APPLIES FOR THE LICENSE OR WILL 09 REACH 65 YEARS OF AGE AT ANY TIME DURING THE YEAR FOR WHICH 10 THE LICENSE IS ISSUED]. 11 * Sec. 2. This Act takes effect October 1, 2008.