Legislature(2011 - 2012)

2012-04-18 House Journal

Full Journal pdf

2012-04-18                     House Journal                      Page 2591
SB 23                                                                                                                         
The following, which engrossment was waived (page 2533), was                                                                    
engrossed and returned to the Senate April 17, 2012:                                                                            
            HOUSE CS FOR CS FOR SENATE BILL NO. 23(RLS) am H                                                                   
    "An Act relating to taxes and tax credits; exempting certain small                                                          
    businesses from the corporate income tax; relating to oil and gas                                                           
    production taxes; relating to tax credits for oil and gas exploration;                                                      
    relating to tax credits and cost savings for liquefied natural gas                                                          
    storage and reducing costs to consumers; relating to an exemption                                                           
    from rental payments on state land for certain liquefied natural gas                                                        
    facilities; relating to transferable film production tax credits and                                                        
    film production tax credit certificates; relating to the taxes against                                                      
    which a film production tax credit may be applied; transferring the                                                         
    film office to the Department of Revenue and relating to that                                                               
    office; establishing the Alaska Film Incentive Review                                                                       
    Commission; establishing a film production promotion program;                                                               
    relating to the amount of credit that may be awarded for                                                                    
    compensation to producers, directors, writers, and actors who are                                                           
    not residents; providing for a fee to be paid at the time an                                                                
    application for eligibility for the film production tax credit is filed;                                                    
    providing a one-time credit for the first episodic scripted                                                                 
    television production in the state; requiring the legislative audit                                                         
    division to audit the Alaska film production incentive program;                                                             
    providing for an effective date by repealing the effective dates of                                                         
    secs. 3 and 4, ch. 63, SLA 2008; and providing for an effective