Legislature(2001 - 2002)
04/20/2001 10:50 AM Senate RLS
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ALASKA STATE LEGISLATURE
SENATE RULES COMMITTEE
April 20, 2001
10:50 a.m.
DRAFT
MEMBERS PRESENT
Senator John Cowdery, Vice Chair
Senator Randy Phillips
Senator Gene Therriault
Senator Johnny Ellis
MEMBERS ABSENT
Senator Drue Pearce, Chair (Excused)
COMMITTEE CALENDAR
SENATE JOINT RESOLUTION NO. 26
Urging the President and the Congress to provide additional funding
for special education services.
APPROVED FOR CALENDARING
SENATE BILL NO. 4
"An Act relating to a mandatory exemption from municipal property
taxes for certain residences and to an optional exemption from
municipal taxes for residential property; and providing for an
effective date."
ADOPTED A SENATE RULES COMMITTEE SUBSTITUTE AND APPROVED FOR
CALENDARING
PREVIOUS COMMITTEE ACTION
SB 4 - See Community & Regional Affairs minutes dated 2/7/01 and
2/28/01 and Finance Report dated 4/5/01.
SJR 26 - See HESS minutes dated 4/18/01.
ACTION NARRATIVE
TAPE 01-7, SIDE A
Number 001
VICE-CHAIRMAN JOHN COWDERY called the Senate Rules Committee
meeting to order at 10:50 a.m. Present were Senators Phillips,
Therriault, Ellis and Cowdery.
VICE-CHAIRMAN COWDERY announced that a Senate Rules Committee
substitute (Version T) to SB 4-MUNICIPAL PROPERTY TAX EXEMPTION
was before the committee.
SENATOR THERRIAULT, sponsor of SB 4, explained that Section 1 of
the Senate Finance Committee version of SB 4 allowed local
governments to assess property taxes on a part-year basis when
senior citizens who qualify for a property tax exemption sell that
property to a person who doesn't qualify. However, that provision
will create timing problems for his borough because right now the
assessments and taxes are determined once per year. Section 1
would kick off a process in which that valuation would have to
happen at different times of the year. That section was dropped
from Version T.
VICE-CHAIRMAN COWDERY asked if the annual assessed value remains
regardless of sales.
SENATOR THERRIAULT said that is correct and that the status quo
will be maintained. A person who buys property from a senior
citizen will get the benefit of the senior's property assessment
until the end of that tax year. That section was more problematic
for local governments than it was worth. He explained that another
section of the Senate Finance version would have inadvertently
impacted the local governments that give 100 percent of the $10,000
property tax exemption that is currently in statute. The Senate
Finance version provided for 20 percent or less of the value of the
property and would have actually increased some people's property
taxes. That was not the committee's intent. Version T ensures
that the existing $10,000 exemption is not impacted by this
legislation. It provides for an additional tax exemption if local
governments choose to exercise it.
SENATOR THERRIAULT moved to adopt Version T as the working document
of the committee and to move it for the purpose of calendaring.
There being no objection, the motion carried.
VICE-CHAIRMAN COWDERY noted SJR 26-FEDERAL AID FOR SPECIAL
EDUCATION urges the President and Congress to provide additional
funding for special education services.
SENATOR PHILLIPS moved to calendar SJR 26. There being no
objection, the motion carried.
There being no further business to come before the committee,
VICE-CHAIRMAN COWDERY adjourned the meeting at 10:57 a.m.
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