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HB 161: "An Act making a special appropriation to the constitutional budget reserve fund of certain money obtained in settlement with British Petroleum America for resolution of disputes over taxes arising under the state's worldwide unitary apportionment income tax; and providing for an effective date."

00HOUSE BILL NO. 161 01 "An Act making a special appropriation to the constitutional budget reserve fund 02 of certain money obtained in settlement with British Petroleum America for 03 resolution of disputes over taxes arising under the state's worldwide unitary 04 apportionment income tax; and providing for an effective date." 05 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 06 * Section 1. A sum equal to the amount that is required to be deposited into the general 07 fund during fiscal year 1993 as the result of the settlement of disputes between the State of 08 Alaska and British Petroleum America over taxes arising under the state's worldwide unitary 09 apportionment income tax is appropriated from the general fund to the budget reserve fund 10 established under art. IX, sec. 17 of the Constitution of the State of Alaska. 11 * Sec. 2. This Act takes effect immediately under AS 01.10.070(c).