04/23/1993 04:55 PM Senate RLS

  CHAIRMAN  JACKO brought  HB  211  (MUNICIPAL  INVENTORY  TAX                 
  EXEMPTION:EXPORTS)  before  the  committee  and  opened  the                 
  public hearing on the legislation.                                           
                                                                               
  REPRESENTATIVE  CYNTHIA TOOHEY,  prime  sponsor  of HB  211,                 
  explained the  legislation amends  the  statute that  allows                 
  municipalities, at their option, the ability to exempt goods                 
  being held  for shipment  out  of state  from the  inventory                 
  property tax.                                                                
                                                                               
  The legislation would  allow a  local government to  explore                 
  opportunities for attracting warehousing and distribution of                 
  goods.  The local government would decide what exemptions to                 
  allow  and then  create its  own ordinance  to  activate and                 
  cover the exemptions.                                                        
                                                                               
  Representative Toohey noted the  legislation has the support                 
  of  the  Department  of Community  &  Regional  Affairs, the                 
  Alaska Municipal League, the  Municipality of Anchorage, the                 
  Southeast Conference, the  Association of Alaska  ARDORS and                 
  the Anchorage and Fairbanks airports.                                        
                                                                               
  SENATOR HALFORD moved  and asked  unanimous consent that  HB
   be   passed   out   of   committee   with   individual                 
  recommendations.  Hearing no objection, it was so ordered.                   
                                                                               
  SENATOR HALFORD moved  and asked  unanimous consent that  HB
  be approved for  calendaring at the Chair's discretion.                 
  Hearing no objection, it was so ordered.