Legislature(1997 - 1998)

1997-05-11 Senate Journal

Full Journal pdf

1997-05-11                     Senate Journal                      Page 1996
HB 63                                                                        
Senator Taylor moved and asked unanimous consent that 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     
                                                                               
                                                                               

1997-05-11                     Senate Journal                      Page 1997
HB 63                                                                        
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 be placed at the bottom of todays              
calendar.  Without objection, it was so ordered.