Legislature(1997 - 1998)

1997-07-10 House Journal

Full Journal pdf

1997-07-10                     House Journal                      Page 1949
HB 63                                                                        
The following was enrolled, signed by the Speaker and Chief Clerk,             
President and Secretary of the Senate, and the engrossed and enrolled          
copies were transmitted to the Office of the Governor at 2:56 p.m.,            
May 30, 1997:                                                                  
                                                                               
SENATE CS FOR CS FOR HOUSE BILL NO. 63(RLS) am S                              
"An Act relating to the tax on motor fuel; amending the definition            
of 'motor fuel' under the state's motor fuel tax to add, as a part of          
the tax exemption set out in that definition, exemption from the               
tax for fuel sold for use in jet propulsion aircraft operating in              
flights that continue from foreign countries, subject to termination           
of the exemption for that fuel if a refiner operating a refinery at            
which the fuel was produced fails to comply with terms of a                    
voluntary agreement entered into by the refiner to use Alaska                  
residents, contractors, and suppliers to provide goods and services            
when the refinery's capacity is expanded, to add exemption from                
the tax for certain number 6 'residual fuel oil,' also known as                
bunker fuel, and to delete the exemption from the tax for fuel that            
is at least 10 percent alcohol by volume; and repealing ch. 42,                
SLA 1994, the Act providing for the imposition of a different tax              
levy on residual fuel oil used in and on certain watercraft until              
June 30, 1998; and relating to use of ethanol to satisfy oxygenated            
fuel requirements; and providing for an effective date."