2017-04-15                     House Journal                      Page 1127
Excused:  Neuman                                                                                                                
                                                                                                                                
And so, Amendment No. 5 was not adopted.                                                                                        
                                                                                                                                
Amendment No. 6 was offered  by Representative Eastman:                                                                          
                                                                                                                                
Page 2, line 20:                                                                                                                
     Delete "Each"                                                                                                              
       Insert "Unless otherwise provided under AS 43.22.012, each"                                                             
                                                                                                                                
Page 4, following line 3:                                                                                                       
     Insert a new section to read:                                                                                              
         "Sec. 43.22.012. Suspension of income tax. The                                                                       
     commissioner of revenue shall determine whether, in the previous                                                           
     four calendar quarters for which data has been published, the                                                              
     percentage change in real gross domestic product was negative for                                                          
     at least two consecutive quarters. To make the determination                                                               
     under this section, the commissioner shall rely on the percent                                                             
     change in real gross domestic product reported by the Bureau of                                                            
     Economic Analysis in the United States Department of                                                                       
     Commerce. If the commissioner determines that the percent                                                                  
     change in real gross domestic product for the state was negative                                                           
     during at least two consecutive quarters of the previous four                                                              
     calendar quarters, the tax under this chapter shall be suspended for                                                       
     one year, beginning with the next calendar quarter."                                                                       
                                                                                                                                
Representative Eastman moved and asked unanimous consent that                                                                   
Amendment No. 6 be adopted.                                                                                                     
                                                                                                                                
Representative Seaton objected.                                                                                                 
                                                                                                                                
The question being:  "Shall Amendment No. 6 be adopted?"  The roll                                                              
was taken with the following result:                                                                                            
                                                                                                                                
CSHB 115(FIN) am                                                                                                                
Second Reading                                                                                                                  
Amendment No. 6                                                                                                                 
                                                                                                                                
YEAS:  13   NAYS:  26   EXCUSED:  1   ABSENT:  0