Legislature(2005 - 2006)

2005-04-12 House Journal

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2005-04-12                     House Journal                      Page 0985
HB 235                                                                                            
The House Special Committee on Ways & Means has considered:                                         
                                                                                                    

2005-04-12                     House Journal                      Page 0986
    HOUSE BILL NO. 235                                                                              
    "An Act excepting from the Alaska Net Income Tax Act the                                        
    federal deduction regarding income attributable to certain                                      
    domestic production activities; and providing for an effective                                  
    date."                                                                                          
                                                                                                    
and recommends it be replaced with:                                                                 
                                                                                                    
    CS FOR HOUSE BILL NO. 235(W&M)                                                                  
    "An Act excepting 26 U.S.C. 199 from the portions of the federal                                
    Internal Revenue Code incorporated by reference into the Alaska                                 
    Net Income Tax Act; and providing for an effective date."                                       
                                                                                                    
The report was signed by Representative Weyhrauch, Chair, with the                                  
following individual recommendations:                                                               
                                                                                                    
Do pass (3):  Wilson, Seaton, Moses                                                                 
                                                                                                    
No recommendation (1):  Weyhrauch                                                                   
                                                                                                    
The following fiscal note(s) apply to CSHB 235(W&M):                                                
                                                                                                    
1.  Indeterminate, Dept. of Revenue                                                                 
                                                                                                    
HB 235 was referred to the Finance Committee.