2012-02-29                     House Journal                      Page 1744
Amendment No. 4 was offered  by Representative Gardner:                                                                          
                                                                                                                                
Page 1, line 1, following "expenditures;" (title amendment):                                                                  
    Insert "relating to information about research and                                                                        
development expenditures that must be provided in order to claim                                                              
a qualified research and development tax credit for those                                                                     
expenditures;"                                                                                                                
                                                                                                                                
Page 2, line 10, following "AS 43.20.011(e)":                                                                                   
    Insert ", for which information was not submitted in a report under                                                         
(f) of this section,"                                                                                                           
                                                                                                                                
Page 2, following line 18:                                                                                                      
    Insert a new subsection to read:                                                                                            
         "(f)  A taxpayer shall file with the department before April 1                                                         
    of the following year a statement, under oath, in a form prescribed                                                         
    by the department, giving, for each research and development                                                                
    expenditure that is the basis for a credit claimed under                                                                    
    AS 43.20.047, a description of the expenditure and a general                                                                
    description of the purpose of the expenditure. Notwithstanding                                                              
    AS 40.25.100(a) and AS 43.05.230(a), information submitted                                                                  
    under this subsection shall be published by the department on the                                                           
    department's Internet website and shall be disclosed to the                                                                 
    legislature in a report submitted within 10 days after the                                                                  
    convening of the next regular legislative session following the                                                             
    date a statement is filed under this section."                                                                              
                                                                                                                                
Reletter the following subsection accordingly.                                                                                  
                                                                                                                                
Representative Gardner moved and asked unanimous consent that                                                                   
Amendment No. 4 be adopted.                                                                                                     
                                                                                                                                
Representative Saddler objected.                                                                                                
                                                                                                                                
The question being:  "Shall Amendment No. 4 be adopted?"  The roll                                                              
was taken with the following result:                                                                                            
                                                                                                                                
CSHB 118(FIN)                                                                                                                   
Second Reading                                                                                                                  
Amendment No. 4                                                                                                                 
                                                                                                                                
YEAS:  10   NAYS:  25   EXCUSED:  5   ABSENT:  0