00 HOUSE BILL NO. 472                                                                                                    
01 "An Act relating to apportionment of business income."                                                                  
02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                               
03    * Section 1.  AS 43.20.021(a) is amended to read:                                                                  
04  (a)  Sections 26 U.S.C. 1 - 1399 and 6001 - 7872 (Internal Revenue Code), as                                          
05 amended, are adopted by reference as a part of this chapter.  These portions of the                                     
06 Internal Revenue Code have full force and effect under this chapter unless excepted                                     
07 to or modified by other provisions of this chapter.   However, nothing in this chapter                                 
08 or in AS 43.19 (Multistate Tax Compact) may be construed as an exception to or                                          
09 modification of 26 U.S.C. 883.                                                                                         
10    * Sec. 2.  This Act is retroactive to January 1, 1993.