2012-04-15                     Senate Journal                      Page 2337
          Suspending Rules 24(c), 35, 41(b), and 42(e),                                                                         
          Uniform Rules of the Alaska State Legislature,                                                                        
          concerning House Bill No. 252, exempting certain                                                                      
          small businesses from the corporate income tax.                                                                       
                                                                                                                                
was read the first time and held on the Secretary's desk.                                                                       
                                                                                                                                
Senator Meyer moved and asked unanimous consent for the adoption                                                                
of the First Supplemental Calendar. Without objection, it was so                                                                
ordered.                                                                                                                        
                                                                                                                                
               Consideration of the First Supplemental Calendar                                                              
                                                                                                                                
                        Second Reading of House Bills                                                                        
                                                                                                                                
HB 252                                                                                                                        
CS FOR HOUSE BILL NO. 252(FIN) "An Act exempting certain                                                                        
small businesses from the corporate income tax; and providing for an                                                            
effective date" was read the second time.                                                                                       
                                                                                                                                
Senator Ellis, Chair, moved and asked unanimous consent for the                                                                 
adoption of the Rules Senate Committee Substitute offered on                                                                    
page 2335. SENATE CS FOR CS FOR HOUSE BILL NO. 252(RLS)                                                                         
"An Act exempting certain small businesses from the corporate                                                                   
income tax; 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; relating to the oil and gas production tax; providing for a                                                            
credit against the oil and gas production tax for costs incurred for                                                            
conducting seismic exploration and drilling certain oil or natural gas                                                          
exploration wells in certain basins; relating to the determination of the