00                            HOUSE BILL NO. 112                                                                          
01 "An Act repealing the film production tax credit; providing for an effective date by                                    
02 repealing the effective dates of secs. 31 - 33, ch. 51, SLA 2012; and providing for an                                  
03 effective date."                                                                                                        
04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
05    * Section 1. AS 44.25.135, as enacted in sec. 28, ch. 51, SLA 2012, is amended to read:                            
06            Sec. 44.25.135. Recovery of film production tax credit. (a) The Department                             
07       of Revenue [FILM OFFICE] may review, audit, and bring legal proceedings to                                    
08       recover any amount of a tax credit awarded under former AS 44.33.235                                          
09       [AS 44.25.125] from a producer or production that received the credit if the                                  
10       Department of Revenue [TO WHICH A CREDIT WAS AWARDED IF THE FILM                                              
11       OFFICE] determines that the film producer or production is liable for damages to the                              
12       state, or any political subdivision of the state.                                                                 
13            (b)  Legal proceedings may not be brought under (a) of this section more than                                
14       six years after the date the tax credit was awarded under former AS 44.33.235                                 

01       [AS 44.25.125].                                                                                                   
02    * Sec. 2. AS 43.98.030; AS 44.25.100, 44.25.105, 44.25.110, 44.25.115, 44.25.120,                                  
03 44.25.125, 44.25.130, 44.25.140, 44.25.145, 44.25.150, 44.25.190, and AS 44.33.231(c) are                               
04 repealed.                                                                                                               
05    * Sec. 3. AS 44.25.135 is repealed July 1, 2019.                                                                   
06    * Sec. 4. Sections 1, 20 - 27, 32, 33, and 35 - 38, ch. 51, SLA 2012, are repealed.                                
07    * Sec. 5. The uncodified law of the State of Alaska is amended by adding a new section to                          
08 read:                                                                                                                   
09       TRANSITION. Subject to AS 43.98.030(f), as that subsection read on June 30, 2013,                                 
10 limiting the number of tax credits provided in the aggregate under AS 43.98.030, as that                                
11 section read on June 30, 2013, the repeals in sec. 30, ch. 51, SLA 2012, do not prohibit the                            
12 film office from determining a film production's qualified expenditures, awarding a tax credit,                         
13 or reviewing a tax credit for a production that has received a notice of qualification under                            
14 AS 44.33.235 before July 1, 2013, under the provisions repealed by sec. 30, ch. 51, SLA                                 
15 2012.                                                                                                                   
16    * Sec. 6. Sections 40 - 42, ch. 51, SLA 2012, are repealed.                                                        
17    * Sec. 7. Sections 1, 2, and 4 - 6 of this Act take effect July 1, 2013.                                           
18    * Sec. 8. Except as provided in sec. 7 of this Act, this Act takes effect immediately under                        
19 AS 01.10.070(c).