SB 79: "An Act making an appropriation for reimbursement to boroughs and cities for granting of property tax exception; and providing for an effective date."
00 SENATE BILL NO. 79 01 "An Act making an appropriation for reimbursement to boroughs and cities for 02 granting of property tax exception; and providing for an effective date." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. The amount necessary to fully fund the reimbursement under AS 29.45.030(g) 05 to boroughs and cities of revenue lost in granting state-mandated tax exemptions for seniors 06 and disabled veterans under AS 29.45.030(e) is appropriated from the general fund to the 07 Department of Revenue for reimbursement to boroughs and cities for exemptions granted 08 under AS 29.45.030(e). 09 * Sec. 2. This Act takes effect June 30, 2007.