00                             HOUSE BILL NO. 395                                                                          
01 "An Act repealing the Estate Tax Law of Alaska."                                                                        
02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
03    * Section 1. AS 13.16.610(p)(1) is amended to read:                                                                
04                 (1)  "estate" means the gross estate of a decedent as determined for the                                
05       purpose of federal estate tax [AND THE ESTATE TAX PAYABLE TO THIS                                                 
06       STATE];                                                                                                           
07    * Sec. 2. AS 13.16.610(p)(6) is amended to read:                                                                   
08                 (6)  "tax" means the federal estate tax and [THE ADDITIONAL                                             
09       INHERITANCE TAX IMPOSED BY AS 43.31 AND] interest and penalties imposed                                           
10       in addition to the tax.                                                                                           
11    * Sec. 3. AS 43.31.011, 43.31.021, 43.31.031, 43.31.041, 43.31.051, 43.31.061, 43.31.071,                          
12 43.31.091, 43.31.111, 43.31.121, 43.31.131, 43.31.141, 43.31.151, 43.31.181, 43.31.191,                                 
13 43.31.201, 43.31.221, 43.31.230, 43.31.240, 43.31.250, 43.31.260, 43.31.280, 43.31.290,                                 
14 43.31.300, 43.31.310, 43.31.320, 43.31.330, 43.31.340, 43.31.350, 43.31.400, 43.31.410,                                 
15 43.31.420, and 43.31.430 are repealed.                                                                                  
01    * Sec. 4. The uncodified law of the State of Alaska is amended by adding a new section to                          
02 read:                                                                                                                   
03       APPLICABILITY. This Act applies to the estate of an individual whose date of death                                
04 is after the effective date of this Act.