Legislature(1997 - 1998)

1997-05-11 Senate Journal

Full Journal pdf

1997-05-11                     Senate Journal                      Page 1991
HB 63                                                                        
The Rules Committee considered CS FOR HOUSE BILL NO. 63(2d                     
RLS) An Act amending the definition of motor fuel under the                    
states 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            

1997-05-11                     Senate Journal                      Page 1992
HB 63                                                                        
refiner to use Alaska residents, contractors, and suppliers to provide         
goods and services when the refinerys 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 providing for an effective date and                         
recommended it be replaced with                                                
                                                                               
SENATE CS FOR CS FOR HOUSE BILL NO.                                           
63(RLS) An Act relating to the tax on motor fuel;                              
amending the definition of motor fuel under the                                
states 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 refinerys 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 providing for an effective date.                                     
                                                                               
Signing to calendar:  Senator Leman, Chair, Senators Duncan, Miller.           
Signing under other recommendations:  Senator Taylor.                          
                                                                               
The bill is on todays calendar.