00 SENATE CS FOR CS FOR HOUSE BILL NO. 148(FIN) am S 01 "An Act relating to the head start program; relating to the Alaska performance 02 scholarship program; relating to the insurance tax education credit, the income tax 03 education credit, the oil or gas producer education credit, the property tax education 04 credit, the mining business education credit, the fisheries business education credit, and 05 the fisheries resource landing tax education credit; relating to allocations of funding for 06 the Alaska Workforce Investment Board; relating to grants for technical and vocational 07 education; providing for an effective date by amending the effective date of secs. 1, 2, 08 and 21, ch. 61, SLA 2014; and providing for an effective date." 09 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 10 * Section 1. AS 14.07.165(a) is amended to read: 11 (a) The board shall adopt 12 (1) statewide goals and require each governing body to adopt written 01 goals that are consistent with local needs; 02 (2) regulations regarding the application for and award of grants under 03 AS 14.03.125; 04 (3) regulations implementing provisions of AS 14.11.014(b); 05 (4) regulations requiring approval by the board before a charter school, 06 state boarding school, or a public school may provide domiciliary services; 07 (5) regulations establishing standards for an early education program 08 provided by a school district for children who are four and five years of age; the 09 regulations must include 10 (A) standards for a locally designed, evidence-based program 11 that meets [HEAD START PROGRAM PERFORMANCE STANDARDS 12 AND OTHER] federal standards required for early education programs to 13 receive federal funding; 14 (B) a requirement that a teacher in charge of a program hold a 15 valid teacher certificate issued under AS 14.20 and 16 (i) have satisfactorily completed a minimum of six 17 credit hours in early childhood education or complete the minimum 18 credit hours within two years of the date the teacher's employment with 19 the early education program begins; or 20 (ii) have two or more years of experience teaching 21 kindergarten or another early education program and have completed 22 additional coursework related to reading instruction, as required by the 23 department; 24 (C) developmentally appropriate objectives for children four 25 and five years of age rather than academic standards appropriate for older 26 children; the objectives must allow school districts to adapt the content of an 27 early education program to be culturally responsive to local communities; 28 (D) accommodations for the needs of all early education 29 children and their families regardless of socioeconomic circumstances; and 30 (E) standards for day in session requirements appropriate for 31 children four and five years of age; 01 (6) regulations establishing standards for day in session requirements 02 appropriate for kindergarten students. 03 * Sec. 2. AS 14.38.010 is amended by adding a new subsection to read: 04 (b) The department shall make a grant to each eligible head start agency 05 operating a head start program in the state under 42 U.S.C. 9831 - 9852c in an amount 06 equal to the amount of the head start program's nonfederal contributions required 07 under 42 U.S.C. 9835. If the amount appropriated to the department is insufficient to 08 meet the amount authorized for grants under this subsection, the department shall 09 distribute the grants pro rata to each eligible head start agency. 10 * Sec. 3. AS 14.43.820(a) is amended to read: 11 (a) Subject to appropriation, the commission shall award an Alaska 12 performance scholarship to an applicant who 13 (1) is a resident of the state as defined in AS 01.10.055; 14 (2) graduated or will graduate within 18 [SIX] months from a high 15 school in the state; and 16 (3) except as provided in (c) of this section, has completed, is enrolled 17 in, or plans to enroll in a core academic curriculum of high school level coursework 18 that includes 19 (A) four years of mathematics, four years of language arts, four 20 years of science, and four years of social studies, one year of which may 21 include a foreign language, an Alaska Native language, fine arts, [OR] cultural 22 heritage, or career and technical education; [OR] 23 (B) three years of mathematics, four years of language arts, 24 three years of science, four years of social studies, and two years of 25 (i) a foreign language , [OR] an Alaska Native 26 language, fine arts, or cultural heritage; or 27 (ii) career and technical education, one year of 28 which includes two semesters of sequentially more rigorous content 29 within a career cluster; or 30 (C) three years of mathematics, four years of language arts, 31 three years of science, four years of social studies, one year of which may 01 be career and technical education, and two years of a foreign language, an 02 Alaska Native language, fine arts, or cultural heritage [; 03 (4) HAS A MINIMUM GRADE-POINT AVERAGE IN HIGH 04 SCHOOL OF 2.5 OR HIGHER; THE DEPARTMENT SHALL SET BY 05 REGULATION MINIMUM REQUIREMENTS BASED ON A SUBSTANTIALLY 06 SIMILAR STANDARD FOR DISTRICTS THAT DO NOT ASSIGN GRADES; 07 (5) HAS ACHIEVED A MINIMUM SCORE ON A 08 (A) COLLEGE ENTRANCE EXAMINATION; OR 09 (B) STANDARDIZED EXAMINATION DESIGNED TO 10 MEASURE A STUDENT'S LEVEL OF PREPAREDNESS TO MAKE THE 11 TRANSITION TO WORK, AS SELECTED BY THE DEPARTMENT; AND 12 (6) IS ENROLLED IN GOOD STANDING IN A COURSE OF 13 STUDY AT A QUALIFIED POSTSECONDARY INSTITUTION IN THIS STATE 14 THAT IS INTENDED TO RESULT IN THE AWARD OF A CERTIFICATE OR 15 DEGREE]. 16 * Sec. 4. AS 14.43.820(g) is amended to read: 17 (g) In this section, 18 (1) "career cluster" means a group of jobs and industries that are 19 related by skills or products; 20 (2) "district" has the meaning given in AS 14.17.990. 21 * Sec. 5. AS 14.43.820 is amended by adding new subsections to read: 22 (h) Not later than January 15 of each year, a district shall provide to each 23 student in the district who is enrolled in grade nine or grade 10 information about the 24 Alaska performance scholarship. 25 (i) Not later than December 31 of each year, a district shall notify each student 26 in the district who is enrolled in grade 11 of the remaining academic requirements the 27 student must meet to be awarded an Alaska performance scholarship at each level 28 described in AS 14.43.825(a). 29 (j) Not later than August 15 of each year, the commission shall notify each 30 applicant awarded a scholarship under (a) of this section that the applicant has been 31 awarded an Alaska performance scholarship. The notice must 01 (1) identify the Alaska performance scholarship level awarded as 02 described in AS 14.43.825(a); and 03 (2) inform the applicant that 04 (A) the commission may disburse the award only if the 05 applicant meets the requirements described in (m) of this section; and 06 (B) the commission will adjust the applicant's award under the 07 circumstances described in (l) of this section. 08 (k) If a district provides information to or otherwise communicates with a 09 student regarding the Alaska performance scholarship, the district shall also provide 10 information about the requirements to increase an award level under AS 14.43.825(h) 11 - (j). 12 (l) If, at the time an applicant awarded an Alaska performance scholarship 13 graduates from high school, the applicant's grade-point average differs from the grade- 14 point average on which the commission based the applicant's award, the commission 15 shall adjust the applicant's award in accordance with the applicable Alaska 16 performance scholarship level described in AS 14.43.825(a). 17 (m) Notwithstanding (a) of this section, and except as provided in (c) of this 18 section, the commission may disburse an Alaska performance scholarship awarded to 19 an applicant under this section only if the applicant 20 (1) has, at the time of the applicant's graduation from high school, 21 (A) completed the core academic curriculum of high school 22 level coursework described in (a)(3) of this section; and 23 (B) met the minimum 24 (i) grade-point average in high school described in 25 AS 14.43.825(a); or 26 (ii) score on a college entrance examination described 27 in AS 14.43.825(a); and 28 (2) is enrolled in good standing in a course of study at a qualified 29 postsecondary institution in this state that is intended to result in the award of a 30 certificate or degree. 31 * Sec. 6. AS 14.43.825(a) is amended to read: 01 (a) The maximum annual awards for the Alaska performance scholarships are 02 as follows: 03 (1) the first award level is $7,000 [$4,755] and requires a 04 (A) 3.5 grade-point average or above, or the equivalent 05 established under (g) of this section; or [AND] 06 (B) very high minimum score on a college entrance 07 examination; 08 (2) the second award level is $5,250 [$3,566] and requires a 09 (A) 3.0 grade-point average or above, or the equivalent 10 established under (g) of this section; or [AND] 11 (B) high minimum score on a college entrance examination; 12 (3) the third award level is $3,500 [$2,378] and requires a 13 (A) 2.5 grade-point average or above, or the equivalent 14 established under (g) of this section; or [AND] 15 (B) moderately high minimum score on a college entrance 16 examination. 17 * Sec. 7. AS 14.43.825(b) is amended to read: 18 (b) A student's eligibility for a scholarship terminates eight [SIX] years after 19 the date the student graduates from high school unless the student qualifies for an 20 extension of time allowed by the department by regulation. 21 * Sec. 8. AS 14.43.825(c) is amended to read: 22 (c) Except as provided in (b) of this section, a student receiving a scholarship 23 may remain eligible for up to eight semesters of enrollment in good standing at a 24 qualified university or college, which may include graduate courses. A student's 25 eligibility under this subsection is extended by one semester for each semester the 26 student is enrolled part time in good standing at a qualified university or college. 27 * Sec. 9. AS 14.43.825 is amended by adding new subsections to read: 28 (g) For high schools that do not award grades on a four-point scale, or five- 29 point scale for advanced placement classes, the department shall establish by 30 regulation the equivalent rating required for a scholarship awarded under (a)(1)(A), 31 (2)(A), and (3)(A) of this section. 01 (h) Each time a student who is an award recipient completes two semesters of 02 full-time enrollment at a qualified postsecondary institution in this state, the 03 postsecondary institution shall review and notify the commission of the student's 04 postsecondary institution grade-point average. If the student's grades qualify under (i) 05 of this section, the commission shall increase the award level for the student as 06 described in (i) of this section and notify the student of the increase. In this subsection, 07 "full-time enrollment" means enrollment in a course of study that is not less than 15 08 credits. 09 (i) If an award recipient's postsecondary institution grade-point average is 10 (1) 3.5 or above, or the equivalent established under (j) of this section, 11 the commission shall increase the student's award level to the amount described in 12 (a)(1) of this section; 13 (2) 3.0 or above, or the equivalent established under (j) of this section, 14 the commission shall increase the student's award level to the amount described in 15 (a)(2) of this section. 16 (j) For qualified postsecondary institutions that do not award grades on a four- 17 point scale, the commission shall establish by regulation the equivalent rating required 18 to increase an award under (i) of this section. 19 (k) In this section, 20 (1) "award recipient" means a student who has received an Alaska 21 performance scholarship at the second or third award level; 22 (2) "postsecondary institution grade-point average" means the 23 weighted or unweighted average of all grades on a four-point scale, or the equivalent 24 as established by the commission by regulation, obtained by a student at a qualified 25 postsecondary institution in this state. 26 * Sec. 10. AS 14.43.849(2) is amended to read: 27 (2) "grade-point average" means the weighted or unweighted average 28 of all grades on a four-point scale, or five-point scale for advanced placement classes, 29 or the equivalent as established by the department by regulation, obtained by the 30 student in high school; 31 * Sec. 11. AS 21.96.070(a) is amended to read: 01 (a) A taxpayer is allowed a credit against the tax due under AS 21.09.210 or 02 AS 21.66.110 for [CONTRIBUTIONS OF CASH OR EQUIPMENT ACCEPTED] 03 (1) contributions of cash or equipment accepted for direct 04 instruction, research, and educational support purposes, including library and museum 05 acquisitions, and contributions to endowment, by an Alaska university foundation or 06 by a nonprofit, public or private, Alaska two-year or four-year college accredited by a 07 national or regional accreditation association; 08 (2) contributions of cash or equipment accepted for secondary 09 school level vocational education courses, programs, and facilities by a school district 10 in the state; 11 (3) contributions of cash or equipment accepted for vocational 12 education courses, programs, and facilities by a state-operated vocational technical 13 education and training school; 14 (4) contributions of cash or equipment accepted for a facility by a 15 nonprofit, public or private, Alaska two-year or four-year college accredited by a 16 national or regional accreditation association; 17 (5) contributions of cash or equipment accepted for Alaska Native 18 cultural or heritage programs and educational support, including mentoring and 19 tutoring, provided by a nonprofit agency for public school staff and for students who 20 are in grades kindergarten through 12 in the state; [AND] 21 (6) contributions of cash or equipment accepted for education, 22 research, rehabilitation, and facilities by an institution that is located in the state and 23 that qualifies as a coastal ecosystem learning center under the Coastal America 24 Partnership established by the federal government; and 25 (7) contributions of cash or equipment accepted for the operation 26 of a nonprofit educational resource center that supports academic achievement in 27 grades nine through 12 by coordinating curricula and statewide competition in 28 the subject areas of economics, science, social science, literature, music, art, 29 mathematics, writing, speech, and interview skills and by providing student 30 scholarships. 31 * Sec. 12. AS 21.96.070(d) is amended to read: 01 (d) A contribution claimed as a credit under this section may not 02 (1) be the basis for a credit claimed under another provision of this 03 title; and 04 (2) when combined with contributions that are the basis for credits 05 taken during the taxpayer's tax year under AS 43.20.014, AS 43.55.019, 06 AS 43.56.018, AS 43.65.018, AS 43.75.018, or AS 43.77.045, result in the total 07 amount of credits exceeding $3,000,000 [$1,000,000]; if the taxpayer is a member of 08 an affiliated group, then the total amount of credits may not exceed $3,000,000 09 [$1,000,000] for the affiliated group; in this paragraph, "affiliated group" has the 10 meaning given in AS 43.20.145. 11 * Sec. 13. AS 23.15.820(a) is amended to read: 12 (a) The Alaska Workforce Investment Board shall 13 (1) administer the Alaska technical and vocational education program 14 established in AS 23.15.820 - 23.15.850; 15 (2) facilitate the development of a statewide policy for a coordinated 16 and effective technical and vocational education training system in this state and, to 17 the extent authorized by federal and state law, plan and coordinate federal, state, and 18 local efforts in technical and vocational education programs; 19 (3) adopt regulations under AS 44.62 (Administrative Procedure Act) 20 to carry out the purposes of AS 23.15.820 - 23.15.850 [, INCLUDING 21 REGULATIONS THAT SET STANDARDS FOR THE PERCENTAGE OF A 22 GRANT THAT MAY BE USED FOR ADMINISTRATIVE COSTS; THE 23 REGULATIONS MUST CLEARLY IDENTIFY AND DISTINGUISH BETWEEN 24 EXPENSES THAT MAY BE INCLUDED IN ADMINISTRATIVE COSTS AND 25 THOSE THAT MAY NOT BE INCLUDED IN ADMINISTRATIVE COSTS; THE 26 PERCENTAGE ALLOWED FOR ADMINISTRATIVE COSTS MAY NOT 27 EXCEED THE LESSER OF FIVE PERCENT OR THE AMOUNT PERMITTED 28 UNDER THE REQUIREMENTS OF A FEDERAL PROGRAM, IF APPLICABLE; 29 (4) ADMINISTER THE GRANT PROGRAM UNDER AS 23.15.840 30 AND ESTABLISH GRANT ADMINISTRATION REQUIREMENTS INCLUDING 31 ACCOUNTING PROCEDURES THAT APPLY TO QUALIFIED ENTITIES AND 01 THEIR GRANTEES]; 02 (4) [(5)] facilitate the development and implementation of a statewide 03 policy and procedure that provides for the acceptance of credit or hours toward a 04 degree or technical program offered by a vocational or technical training center in the 05 state for an applicant who provides satisfactory evidence of successful completion of 06 relevant military education, training, or service as a member of the armed forces of the 07 United States, the United States Reserves, the National Guard of any state, the 08 Military Reserves of any state, or the Naval Militia of any state. 09 * Sec. 14. AS 23.15.835(a) is amended to read: 10 (a) In the manner provided in AS 23.20 and for the benefit of the program, the 11 department shall collect from each employee an amount equal to .25 [.16] percent of 12 the wages, as set out in AS 23.20.175, on which the employee is required to make 13 contributions under AS 23.20.290(d). The department shall remit to the Department of 14 Revenue, in accordance with AS 37.10.050, money collected under this subsection. 15 * Sec. 15. AS 23.15.835(d) is amended to read: 16 (d) The [NOTWITHSTANDING AS 23.15.840(a), FOR THE FISCAL 17 YEARS ENDING JUNE 30, 2015, THROUGH JUNE 30, 2024, THE] money 18 collected under this section or otherwise appropriated to the Alaska Workforce 19 Investment Board shall be allocated directly in the following percentages to the 20 following institutions for programs consistent with AS 23.15.820 - 23.15.850 and 21 capital improvements: 22 University of Alaska 25 percent 23 University of Alaska Southeast 5 percent [45 PERCENT] 24 Galena Interior Learning Academy 4 percent 25 Alaska Technical Center 9 percent 26 Alaska Vocational Technical Center 17 percent 27 Northwestern Alaska Career and Technical Center 4 percent [3 PERCENT] 28 Southwest Alaska Vocational and Education Center 4 percent [3 PERCENT] 29 Yuut Elitnaurviat, Inc. People's Learning Center 9 percent 30 Partners for Progress in Delta, Inc. 3 percent 31 [AMUNDSEN EDUCATIONAL CENTER 2 PERCENT] 01 Ilisagvik College 6 percent 02 Prince of Wales Community Learning Center 5 percent 03 Sealaska Heritage Institute 2 percent 04 Fairbanks Pipeline Training Center 7 percent [5 PERCENT]. 05 * Sec. 16. AS 43.20.014(a) is amended to read: 06 (a) A taxpayer is allowed a credit against the tax due under this chapter for 07 [CONTRIBUTIONS OF CASH OR EQUIPMENT ACCEPTED FOR] 08 (1) contributions of cash or equipment accepted for direct 09 instruction, research, and educational support purposes, including library and museum 10 acquisitions, and contributions to endowment, by an Alaska university foundation, by 11 a nonprofit, public or private, Alaska two-year or four-year college accredited by a 12 national or regional accreditation association, or by a public or private nonprofit 13 elementary or secondary school in the state; 14 (2) contributions of cash or equipment accepted for secondary 15 school level vocational education courses, programs, and facilities by a school district 16 in the state; 17 (3) contributions of cash or equipment accepted for vocational 18 education courses, programs, equipment, and facilities by a state-operated vocational 19 technical education and training school, a nonprofit regional training center recognized 20 by the Department of Labor and Workforce Development, and an apprenticeship 21 program in the state that is registered with the United States Department of Labor 22 under 29 U.S.C. 50 - 50b (National Apprenticeship Act); 23 (4) contributions of cash or equipment accepted for a facility by a 24 nonprofit, public or private, Alaska two-year or four-year college accredited by a 25 national or regional accreditation association or by a public or private nonprofit 26 elementary or secondary school in the state; 27 (5) contributions of cash or equipment accepted for Alaska Native 28 cultural or heritage programs and educational support, including mentoring and 29 tutoring, provided by a nonprofit agency for public school staff and for students who 30 are in grades kindergarten through 12 in the state; 31 (6) contributions of cash or equipment accepted for education, 01 research, rehabilitation, and facilities by an institution that is located in the state and 02 that qualifies as a coastal ecosystem learning center under the Coastal America 03 Partnership established by the federal government; 04 (7) contributions of cash or equipment accepted for the Alaska 05 higher education investment fund under AS 37.14.750; 06 (8) contributions of cash or equipment accepted for funding a 07 scholarship awarded by a nonprofit organization to a dual-credit student to defray the 08 cost of a dual-credit course, including the cost of 09 (A) tuition and textbooks; 10 (B) registration, course, and programmatic student fees; 11 (C) on-campus room and board at the postsecondary institution 12 in the state that provides the dual-credit course; 13 (D) transportation costs to and from a residential school 14 approved by the Department of Education and Early Development under 15 AS 14.16.200 or the postsecondary school in the state that provides the dual- 16 credit course; and 17 (E) other related educational and programmatic costs; 18 (9) contributions of cash or equipment accepted for constructing, 19 operating, or maintaining a residential housing facility by a residential school in the 20 state approved by the Department of Education and Early Development under 21 AS 14.16.200; 22 (10) contributions of cash or equipment accepted for childhood 23 early learning and development programs and educational support to childhood early 24 learning and development programs provided by a nonprofit corporation organized 25 under AS 10.20, a tribal entity, or a school district in the state, by the Department of 26 Education and Early Development, or through a state grant; 27 (11) contributions of cash or equipment accepted for science, 28 technology, engineering, and math programs provided by a nonprofit agency or a 29 school district for school staff and for students in grades kindergarten through 12 in 30 the state; [AND] 31 (12) contributions of cash or equipment accepted for the operation 01 of a nonprofit organization dedicated to providing educational opportunities that 02 promote the legacy of public service contributions to the state and perpetuate ongoing 03 educational programs that foster public service leadership for future generations of 04 residents of the state; and 05 (13) contributions of cash or equipment accepted for the operation 06 of a nonprofit educational resource center that supports academic achievement in 07 grades nine through 12 by coordinating curricula and statewide competition in 08 the subject areas of economics, science, social science, literature, music, art, 09 mathematics, writing, speech, and interview skills and by providing student 10 scholarships. 11 * Sec. 17. AS 43.20.014(d) is amended to read: 12 (d) A contribution claimed as a credit under this section may not 13 (1) be the basis for a credit claimed under another provision of this 14 title; 15 (2) also be allowed as a deduction under 26 U.S.C. (Internal Revenue 16 Code) [26 U.S.C. 170] against the tax imposed by this chapter; and 17 (3) when combined with contributions that are the basis for credits 18 taken during the taxpayer's tax year under AS 21.96.070, AS 43.55.019, 19 AS 43.56.018, AS 43.65.018, AS 43.75.018, or AS 43.77.045, result in the total 20 amount of credits exceeding $3,000,000 [$1,000,000]; if the taxpayer is a member of 21 an affiliated group, then the total amount of credits may not exceed $3,000,000 22 [$1,000,000] for the affiliated group; in this paragraph, "affiliated group" has the 23 meaning given in AS 43.20.145. 24 * Sec. 18. AS 43.55.019(a) is amended to read: 25 (a) A producer of oil or gas is allowed a credit against the tax levied by 26 AS 43.55.011(e) for [CONTRIBUTIONS OF CASH OR EQUIPMENT ACCEPTED 27 FOR] 28 (1) contributions of cash or equipment accepted for direct 29 instruction, research, and educational support purposes, including library and museum 30 acquisitions, and contributions to endowment, by an Alaska university foundation or 31 by a nonprofit, public or private, Alaska two-year or four-year college accredited by a 01 national or regional accreditation association; 02 (2) contributions of cash or equipment accepted for secondary 03 school level vocational education courses, programs, and facilities by a school district 04 in the state; 05 (3) contributions of cash or equipment accepted for vocational 06 education courses, programs, equipment, and facilities by a state-operated vocational 07 technical education and training school, a nonprofit regional training center recognized 08 by the Department of Labor and Workforce Development, and an apprenticeship 09 program in the state that is registered with the United States Department of Labor 10 under 29 U.S.C. 50 - 50b (National Apprenticeship Act); 11 (4) contributions of cash or equipment accepted for a facility by a 12 nonprofit, public or private, Alaska two-year or four-year college accredited by a 13 national or regional accreditation association; 14 (5) contributions of cash or equipment accepted for Alaska Native 15 cultural or heritage programs and educational support, including mentoring and 16 tutoring, provided by a nonprofit agency for public school staff and for students who 17 are in grades kindergarten through 12 in the state; 18 (6) contributions of cash or equipment accepted for education, 19 research, rehabilitation, and facilities by an institution that is located in the state and 20 that qualifies as a coastal ecosystem learning center under the Coastal America 21 Partnership established by the federal government; [AND] 22 (7) contributions of cash or equipment accepted for the Alaska 23 higher education investment fund under AS 37.14.750; and 24 (8) contributions of cash or equipment accepted for the operation 25 of a nonprofit educational resource center that supports academic achievement in 26 grades nine through 12 by coordinating curricula and statewide competition in 27 the subject areas of economics, science, social science, literature, music, art, 28 mathematics, writing, speech, and interview skills and by providing student 29 scholarships. 30 * Sec. 19. AS 43.55.019(d) is amended to read: 31 (d) A contribution claimed as a credit under this section may not 01 (1) be the basis for a credit claimed under another provision of this 02 title; and 03 (2) when combined with contributions that are the basis for credits 04 taken during the taxpayer's tax year under AS 21.96.070, AS 43.20.014, 05 AS 43.56.018, AS 43.65.018, AS 43.75.018, or AS 43.77.045, result in the total 06 amount of credits exceeding $3,000,000 [$1,000,000]; if the taxpayer is a member of 07 an affiliated group, then the total amount of credits may not exceed $3,000,000 08 [$1,000,000] for the affiliated group; in this paragraph, "affiliated group" has the 09 meaning given in AS 43.20.145. 10 * Sec. 20. AS 43.56.018(a) is amended to read: 11 (a) The owner of property taxable under this chapter is allowed a credit 12 against the tax due under this chapter for [CONTRIBUTIONS OF CASH OR 13 EQUIPMENT ACCEPTED FOR] 14 (1) contributions of cash or equipment accepted for direct 15 instruction, research, and educational support purposes, including library and museum 16 acquisitions, and contributions to endowment, by an Alaska university foundation or 17 by a nonprofit, public or private, Alaska two-year or four-year college accredited by a 18 national or regional accreditation association; 19 (2) contributions of cash or equipment accepted for secondary 20 school level vocational education courses, programs, and facilities by a school district 21 in the state; 22 (3) contributions of cash or equipment accepted for vocational 23 education courses, programs, and facilities by a state-operated vocational technical 24 education and training school; 25 (4) contributions of cash or equipment accepted for a facility by a 26 nonprofit, public or private, Alaska two-year or four-year college accredited by a 27 national or regional accreditation association; 28 (5) contributions of cash or equipment accepted for Alaska Native 29 cultural or heritage programs and educational support, including mentoring and 30 tutoring, provided by a nonprofit agency for public school staff and for students who 31 are in grades kindergarten through 12 in the state; 01 (6) contributions of cash or equipment accepted for education, 02 research, rehabilitation, and facilities by an institution that is located in the state and 03 that qualifies as a coastal ecosystem learning center under the Coastal America 04 Partnership established by the federal government; [AND] 05 (7) contributions of cash or equipment accepted for the Alaska 06 higher education investment fund under AS 37.14.750; and 07 (8) contributions of cash or equipment accepted for the operation 08 of a nonprofit educational resource center that supports academic achievement in 09 grades nine through 12 by coordinating curricula and statewide competition in 10 the subject areas of economics, science, social science, literature, music, art, 11 mathematics, writing, speech, and interview skills and by providing student 12 scholarships. 13 * Sec. 21. AS 43.56.018(d) is amended to read: 14 (d) A contribution claimed as a credit under this section may not 15 (1) be the basis for a credit claimed under another provision of this 16 title; and 17 (2) when combined with contributions that are the basis for credits 18 taken during the taxpayer's tax year under AS 21.96.070, AS 43.20.014, 19 AS 43.55.019, AS 43.65.018, AS 43.75.018, or AS 43.77.045, result in the total 20 amount of credits exceeding $3,000,000 [$1,000,000]; if the taxpayer is a member of 21 an affiliated group, then the total amount of credits may not exceed $3,000,000 22 [$1,000,000] for the affiliated group; in this paragraph, "affiliated group" has the 23 meaning given in AS 43.20.145. 24 * Sec. 22. AS 43.65.018(a) is amended to read: 25 (a) A person engaged in the business of mining in the state is allowed a credit 26 against the tax due under this chapter for [CONTRIBUTIONS OF CASH OR 27 EQUIPMENT ACCEPTED FOR] 28 (1) contributions of cash or equipment accepted for direct 29 instruction, research, and educational support purposes, including library and museum 30 acquisitions, and contributions to endowment, by an Alaska university foundation, by 31 a nonprofit, public or private, Alaska two-year or four-year college accredited by a 01 national or regional accreditation association, or by a public or private nonprofit 02 elementary or secondary school in the state; 03 (2) contributions of cash or equipment accepted for secondary 04 school level vocational education courses, programs, and facilities by a school district 05 in the state; 06 (3) contributions of cash or equipment accepted for vocational 07 education courses, programs, and facilities by a state- operated vocational technical 08 education and training school; 09 (4) contributions of cash or equipment accepted for a facility by a 10 nonprofit, public or private, Alaska two-year or four-year college accredited by a 11 national or regional accreditation association or by a public or private nonprofit 12 elementary or secondary school in the state; 13 (5) contributions of cash or equipment accepted for Alaska Native 14 cultural or heritage programs and educational support, including mentoring and 15 tutoring, provided by a nonprofit agency for public school staff and for students who 16 are in grades kindergarten through 12 in the state; 17 (6) contributions of cash or equipment accepted for education, 18 research, rehabilitation, and facilities by an institution that is located in the state and 19 that qualifies as a coastal ecosystem learning center under the Coastal America 20 Partnership established by the federal government; 21 (7) contributions of cash or equipment accepted for the Alaska 22 higher education investment fund under AS 37.14.750; 23 (8) contributions of cash or equipment accepted for funding a 24 scholarship awarded by a nonprofit organization to a dual-credit student to defray the 25 cost of a dual-credit course, including the cost of 26 (A) tuition and textbooks; 27 (B) registration, course, and programmatic student fees; 28 (C) on-campus room and board at the postsecondary institution 29 in the state that provides the dual-credit course; 30 (D) transportation costs to and from a residential school 31 approved by the Department of Education and Early Development under 01 AS 14.16.200 or the postsecondary school in the state that provides the dual- 02 credit course; and 03 (E) other related educational and programmatic costs; 04 (9) contributions of cash or equipment accepted for constructing, 05 operating, or maintaining a residential housing facility by a residential school 06 approved by the Department of Education and Early Development under 07 AS 14.16.200; 08 (10) contributions of cash or equipment accepted for childhood 09 early learning and development programs and educational support to childhood early 10 learning and development programs provided by a nonprofit corporation organized 11 under AS 10.20, a tribal entity, or a school district in the state, by the Department of 12 Education and Early Development, or through a state grant; 13 (11) contributions of cash or equipment accepted for science, 14 technology, engineering, and math programs provided by a nonprofit agency or a 15 school district for school staff and for students in grades kindergarten through 12 in 16 the state; [AND] 17 (12) contributions of cash or equipment accepted for the operation 18 of a nonprofit organization dedicated to providing educational opportunities that 19 promote the legacy of public service contributions to the state and perpetuate ongoing 20 educational programs that foster public service leadership for future generations of 21 residents of the state; and 22 (13) contributions of cash or equipment accepted for the operation 23 of a nonprofit educational resource center that supports academic achievement in 24 grades nine through 12 by coordinating curricula and statewide competition in 25 the subject areas of economics, science, social science, literature, music, art, 26 mathematics, writing, speech, and interview skills and by providing student 27 scholarships. 28 * Sec. 23. AS 43.65.018(d) is amended to read: 29 (d) A contribution claimed as a credit under this section may not 30 (1) be the basis for a credit claimed under another provision of this 31 title; and 01 (2) when combined with contributions that are the basis for credits 02 taken during the taxpayer's tax year under AS 21.96.070, AS 43.20.014, 03 AS 43.55.019, AS 43.56.018, AS 43.75.018, or AS 43.77.045, result in the total 04 amount of the credits exceeding $3,000,000 [$1,000,000]; if the taxpayer is a member 05 of an affiliated group, then the total amount of credits may not exceed $3,000,000 06 [$1,000,000] for the affiliated group; in this paragraph, "affiliated group" has the 07 meaning given in AS 43.20.145. 08 * Sec. 24. AS 43.75.018(a) is amended to read: 09 (a) A person engaged in a fisheries business is allowed a credit against the tax 10 due under this chapter for [CONTRIBUTIONS OF CASH OR EQUIPMENT 11 ACCEPTED FOR] 12 (1) contributions of cash or equipment accepted for direct 13 instruction, research, and educational support purposes, including library and museum 14 acquisitions, and contributions to endowment, by an Alaska university foundation, by 15 a nonprofit, public or private, Alaska two-year or four-year college accredited by a 16 national or regional accreditation association, or by a public or private nonprofit 17 elementary or secondary school in the state; 18 (2) contributions of cash or equipment accepted for secondary 19 school level vocational education courses, programs, and facilities by a school district 20 in the state; 21 (3) contributions of cash or equipment accepted for vocational 22 education courses, programs, and facilities by a state-operated vocational technical 23 education and training school; 24 (4) contributions of cash or equipment accepted for a facility by a 25 nonprofit, public or private, Alaska two-year or four-year college accredited by a 26 national or regional accreditation association or by a public or private nonprofit 27 elementary or secondary school in the state; 28 (5) contributions of cash or equipment accepted for Alaska Native 29 cultural or heritage programs and educational support, including mentoring and 30 tutoring, provided by a nonprofit agency for public school staff and for students who 31 are in grades kindergarten through 12 in the state; 01 (6) contributions of cash or equipment accepted for education, 02 research, rehabilitation, and facilities by an institution that is located in the state and 03 that qualifies as a coastal ecosystem learning center under the Coastal America 04 Partnership established by the federal government; 05 (7) contributions of cash or equipment accepted for the Alaska 06 higher education investment fund under AS 37.14.750; 07 (8) contributions of cash or equipment accepted for funding a 08 scholarship awarded by a nonprofit organization to a dual-credit student to defray the 09 cost of a dual-credit course, including the cost of 10 (A) tuition and textbooks; 11 (B) registration, course, and programmatic student fees; 12 (C) on-campus room and board at the postsecondary institution 13 in the state that provides the dual-credit course; 14 (D) transportation costs to and from a residential school 15 approved by the Department of Education and Early Development under 16 AS 14.16.200 or the postsecondary school in the state that provides the dual- 17 credit course; and 18 (E) other related educational and programmatic costs; 19 (9) contributions of cash or equipment accepted for constructing, 20 operating, or maintaining a residential housing facility by a residential school 21 approved by the Department of Education and Early Development under 22 AS 14.16.200; 23 (10) contributions of cash or equipment accepted for childhood 24 early learning and development programs and educational support to childhood early 25 learning and development programs provided by a nonprofit corporation organized 26 under AS 10.20, a tribal entity, or a school district in the state, by the Department of 27 Education and Early Development, or through a state grant; 28 (11) contributions of cash or equipment accepted for science, 29 technology, engineering, and math programs provided by a nonprofit agency or a 30 school district for school staff and for students in grades kindergarten through 12 in 31 the state; [AND] 01 (12) contributions of cash or equipment accepted for the operation 02 of a nonprofit organization dedicated to providing educational opportunities that 03 promote the legacy of public service contributions to the state and perpetuate ongoing 04 educational programs that foster public service leadership for future generations of 05 residents of the state; and 06 (13) contributions of cash or equipment accepted for the operation 07 of a nonprofit educational resource center that supports academic achievement in 08 grades nine through 12 by coordinating curricula and statewide competition in 09 the subject areas of economics, science, social science, literature, music, art, 10 mathematics, writing, speech, and interview skills and by providing student 11 scholarships. 12 * Sec. 25. AS 43.75.018(d) is amended to read: 13 (d) A contribution claimed as a credit under this section may not 14 (1) be the basis for a credit claimed under another provision of this 15 title; and 16 (2) when combined with contributions that are the basis for credits 17 taken during the taxpayer's tax year under AS 21.96.070, AS 43.20.014, 18 AS 43.55.019, AS 43.56.018, AS 43.65.018, or AS 43.77.045, result in the total 19 amount of the credits exceeding $3,000,000 [$1,000,000]; if the taxpayer is a member 20 of an affiliated group, then the total amount of credits may not exceed $3,000,000 21 [$1,000,000] for the affiliated group; in this paragraph, "affiliated group" has the 22 meaning given in AS 43.20.145. 23 * Sec. 26. AS 43.77.045(a) is amended to read: 24 (a) A person engaged in a floating fisheries business is allowed a credit 25 against the tax due under this chapter for [CONTRIBUTIONS OF CASH OR 26 EQUIPMENT ACCEPTED FOR] 27 (1) contributions of cash or equipment accepted for direct 28 instruction, research, and educational support purposes, including library and museum 29 acquisitions, and contributions to endowment, by an Alaska university foundation, by 30 a nonprofit, public or private, Alaska two-year or four-year college accredited by a 31 national or regional accreditation association, or by a public or private nonprofit 01 elementary or secondary school in the state; 02 (2) contributions of cash or equipment accepted for secondary 03 school level vocational education courses, programs, and facilities by a school district 04 in the state; 05 (3) contributions of cash or equipment accepted for vocational 06 education courses, programs, and facilities by a state-operated vocational technical 07 education and training school; 08 (4) contributions of cash or equipment accepted for a facility by a 09 nonprofit, public or private, Alaska two-year or four-year college accredited by a 10 national or regional accreditation association or by a public or private nonprofit 11 elementary or secondary school in the state; 12 (5) contributions of cash or equipment accepted for Alaska Native 13 cultural or heritage programs and educational support, including mentoring and 14 tutoring, provided by a nonprofit agency for public school staff and for students who 15 are in grades kindergarten through 12 in the state; 16 (6) contributions of cash or equipment accepted for education, 17 research, rehabilitation, and facilities by an institution that is located in the state and 18 that qualifies as a coastal ecosystem learning center under the Coastal America 19 Partnership established by the federal government; 20 (7) contributions of cash or equipment accepted for the Alaska 21 higher education investment fund under AS 37.14.750; 22 (8) contributions of cash or equipment accepted for funding a 23 scholarship awarded by a nonprofit organization to a dual-credit student to defray the 24 cost of a dual-credit course, including the cost of 25 (A) tuition and textbooks; 26 (B) registration, course, and programmatic student fees; 27 (C) on-campus room and board at the postsecondary institution 28 in the state that provides the dual-credit course; 29 (D) transportation costs to and from a residential school 30 approved by the Department of Education and Early Development under 31 AS 14.16.200 or the postsecondary school in the state that provides the dual- 01 credit course; and 02 (E) other related educational and programmatic costs; 03 (9) contributions of cash or equipment accepted for constructing, 04 operating, or maintaining a residential housing facility by a residential school 05 approved by the Department of Education and Early Development under 06 AS 14.16.200; 07 (10) contributions of cash or equipment accepted for childhood 08 early learning and development programs and educational support to childhood early 09 learning and development programs provided by a nonprofit corporation organized 10 under AS 10.20, a tribal entity, or a school district in the state, by the Department of 11 Education and Early Development, or through a state grant; 12 (11) contributions of cash or equipment accepted for science, 13 technology, engineering, and math programs provided by a nonprofit agency or a 14 school district for school staff and for students in grades kindergarten through 12 in 15 the state; [AND] 16 (12) contributions of cash or equipment accepted for the operation 17 of a nonprofit organization dedicated to providing educational opportunities that 18 promote the legacy of public service contributions to the state and perpetuate ongoing 19 educational programs that foster public service leadership for future generations of 20 residents of the state; and 21 (13) contributions of cash or equipment accepted for the operation 22 of a nonprofit educational resource center that supports academic achievement in 23 grades nine through 12 by coordinating curricula and statewide competition in 24 the subject areas of economics, science, social science, literature, music, art, 25 mathematics, writing, speech, and interview skills and by providing student 26 scholarships. 27 * Sec. 27. AS 43.77.045(d) is amended to read: 28 (d) A contribution claimed as a credit under this section may not 29 (1) be the basis for a credit claimed under another provision of this 30 title; and 31 (2) when combined with contributions that are the basis for credits 01 taken during the taxpayer's tax year under AS 21.96.070, AS 43.20.014, 02 AS 43.55.019, AS 43.56.018, AS 43.65.018, or AS 43.75.018, result in the total 03 amount of the credits exceeding $3,000,000 [$1,000,000]; if the taxpayer is a member 04 of an affiliated group, then the total amount of credits may not exceed $3,000,000 05 [$1,000,000] for the affiliated group; in this paragraph, "affiliated group" has the 06 meaning given in AS 43.20.145. 07 * Sec. 28. AS 23.15.840 and AS 47.25.071(c) are repealed. 08 * Sec. 29. The uncodified law of the State of Alaska is amended by adding a new section to 09 read: 10 RETROACTIVITY. If secs. 3 - 10, 13 - 15, and 28 of this Act take effect after 11 June 30, 2024, secs. 3 - 10, 13 - 15, and 28 of this Act are retroactive to June 30, 2024. 12 * Sec. 30. Section 37, ch. 61, SLA 2014, as amended by sec. 40, ch. 101, SLA 2018, is 13 amended to read: 14 Sec. 37. Sections 1, 2, and 21, ch. 61, SLA 2014, [OF THIS ACT] take effect 15 January 1, 2029 [2025]. 16 * Sec. 31. Section 2 of this Act takes effect July 1, 2024. 17 * Sec. 32. Except as provided in sec. 31 of this Act, this Act takes effect immediately under 18 AS 01.10.070(c).