2012-04-15                     House Journal                      Page 2464
SB 23                                                                                                                         
The Rules Committee considered:                                                                                                 
                                                                                                                                
     CS FOR SENATE BILL NO. 23(FIN)                                                                                             
     "An Act relating to transferable film production tax credits and                                                           
     film production tax credit certificates; requiring the legislative                                                         
     audit division to audit the Alaska film production incentive                                                               
     program; and providing for an effective date by amending the                                                               
     effective dates of secs. 3 and 4, ch. 63, SLA 2008."                                                                       
                                                                                                                                

2012-04-15                     House Journal                      Page 2465
and recommends it be replaced with:                                                                                             
                                                                                                                                
     HOUSE CS FOR CS FOR SENATE BILL NO. 23(RLS)                                                                                
     "An Act relating to taxes and tax credits; 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                                                            
     date."                                                                                                                     
                                                                                                                                
     (HCR 32 - title change resolution)                                                                                         
                                                                                                                                
The report was signed by Representative Johnson, Chair, with the                                                                
following individual recommendations:                                                                                           
                                                                                                                                
No recommendation (5):  Austerman, Chenault, Olson, Tuck, Johnson                                                               
                                                                                                                                
Amend (1):  Gruenberg                                                                                                           
                                                                                                                                
The following fiscal note(s) apply to HCS CSSB 23(RLS):                                                                         
                                                                                                                                
4. Zero, Legislative Agency                                                                                                     
5. Fiscal, Dept. of Commerce, Community, & Economic Development                                                                 
6. Fiscal, Dept. of Revenue                                                                                                     
                                                                                                                                

2012-04-15                     House Journal                      Page 2466
CSSB 23(FIN) is on today's calendar.