Legislature(2013 - 2014)SENATE FINANCE 532
02/22/2013 09:00 AM Senate FINANCE
Audio | Topic |
---|---|
Start | |
SB7 | |
SB12 | |
SB37 | |
Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
+ | SB 37 | TELECONFERENCED | |
+ | SB 17 | TELECONFERENCED | |
+ | TELECONFERENCED | ||
= | SB 12 | ||
= | SB 7 | ||
SENATE BILL NO. 7 "An Act relating to the computation of the tax on the taxable income of a corporation derived from sources within the state." 9:03:44 AM Co-Chair Meyer discussed the day's agenda. 9:04:26 AM AT EASE 9:05:03 AM RECONVENED Co-Chair Meyer discussed the legislation. Senator Olson asked how the native corporations would be affected by the legislation. MARGARET DOWLING, STAFF, SENATOR GEISEL, stated that staff from Department of Revenue (DOR) was present to answer questions. She received excited responses from members of a native corporation who had reviewed the proposed legislation. She expected to see letters of support from the entities regarding the legislation. She deferred Senator Olson's question to Johanna Bales. Senator Olson asked if email or written support from the native entities was documented. JOHANNA BALES, DEPARTMENT OF REVENUE, responded that the effect on all corporations was a minor reduction in tax. She stated that the corporations would benefit from a break in tax. Co-Chair Meyer understood that the intent of the bill was to help businesses in Alaska, primarily small businesses. Co-Chair Kelly MOVED to REPORT SB 7 out of committee with individual recommendations and the accompanying fiscal note. There being NO OBJECTION, it was so ordered. SB 7 was REPORTED out of committee with a "do pass" recommendation and with one new zero fiscal note from the Department of Revenue.
Document Name | Date/Time | Subjects |
---|---|---|
SB 37 Sponsor Statement.pdf |
SFIN 2/22/2013 9:00:00 AM |
SB 37 |
SB 17-SESA_LegAudit_Report.pdf |
SFIN 2/22/2013 9:00:00 AM |
SB 17 |
SB 17-SESA_Powerpoint.pdf |
SFIN 2/22/2013 9:00:00 AM |
SB 17 |
SB 17-SESA_Sectional.pdf |
SFIN 2/22/2013 9:00:00 AM |
SB 17 |
SB 17-SESA_SponsorStatement_VersionC.pdf |
SFIN 2/22/2013 9:00:00 AM |
SB 17 |
SB 17-SESA_Supporting_VersionC_RepealLanguage.pdf |
SFIN 2/22/2013 9:00:00 AM |
SB 17 |
SB 17-SESA_SupportLetters.pdf |
SFIN 2/22/2013 9:00:00 AM |
SB 17 |
SB 17-SESA_WhitePaper.pdf |
SFIN 2/22/2013 9:00:00 AM |
SB 17 |
02212013_SB17_SESA_SupportLetters_ToDate.pdf |
SFIN 2/22/2013 9:00:00 AM |
SB 17 |