2016-04-12                     House Journal                      Page 2283
The question being:  "Shall Amendment No. 3 be adopted?"  The roll                                                              
was taken with the following result:                                                                                            
                                                                                                                                
CSHB 247(FIN) am                                                                                                                
Second Reading                                                                                                                  
Amendment No. 3                                                                                                                 
                                                                                                                                
YEAS:  17   NAYS:  22   EXCUSED:  1   ABSENT:  0                                                                              
                                                                                                                                
Yeas:  Claman, Drummond, Foster, Gara, Guttenberg, Josephson,                                                                   
Kawasaki, Kito, Kreiss-Tomkins, LeDoux, Ortiz, Seaton, Spohnholz,                                                               
Stutes, Tarr, Tuck, Wool                                                                                                        
                                                                                                                                
Nays:  Chenault, Colver, Edgmon, Gattis, Herron, Hughes, Johnson,                                                               
Keller, Lynn, Millett, Munoz, Nageak, Neuman, Olson, Pruitt,                                                                    
Reinbold, Saddler, Talerico, Thompson, Tilton, Vazquez, Wilson                                                                  
                                                                                                                                
Excused:  Hawker                                                                                                                
                                                                                                                                
And so, Amendment No. 3 was not adopted.                                                                                        
                                                                                                                                
Amendment No. 5 was offered  by Representatives Tarr, Kawasaki,                                                                  
Kreiss-Tomkins, Drummond, Gara, Tuck, and Kito:                                                                                 
                                                                                                                                
Page 16, line 12:                                                                                                               
     Delete "For"                                                                                                           
      Insert "Subject to the limitations in (q) of this section, for"                                                      
                                                                                                                                
Page 16, line 16:                                                                                                               
     Delete "For"                                                                                                           
      Insert "Subject to the limitations in (q) of this section, for"                                                      
                                                                                                                                
Page 19, following line 3:                                                                                                      
     Insert a new bill section to read:                                                                                         
"* Sec. 20. AS 43.55.023 is amended by adding new subsections to                                                              
read:                                                                                                                           
         (q)  In a single calendar year, the department may not grant a                                                         
     credit accrued under (b) of this section against the taxes due under                                                       
     this chapter and a cash payment under AS 43.55.028 resulting                                                               
     from a credit under (b) of this section if the credit or payment, or                                                       
     the sum of the credit and payment, exceeds                                                                                 
              (1)  $25,000,000 for each person;                                                                                 
              (2)  $100,000,000 for each unit.