HB 428: "An Act relating to the definitions of 'floating fisheries business' and 'shore-based fisheries business' for the purposes of the fishery business tax; and providing for an effective date."
00 HOUSE BILL NO. 428 01 "An Act relating to the definitions of 'floating fisheries business' and 'shore-based 02 fisheries business' for the purposes of the fishery business tax; and providing for an 03 effective date." 04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 05 * Section 1. AS 43.75.290(6) 06 (6) "floating fisheries business" means a fisheries business that 07 [WHICH] is not a shore-based fisheries business; [THE TERM INCLUDES, BUT IS 08 NOT LIMITED TO, A SHORE-BASED FISHERIES BUSINESS AS DEFINED IN 09 (9)(B) OF THIS SECTION WHEN IT IS REMOVED FROM THE STATE;] 10 * Sec. 2. AS 43.75.290(9) is amended to read: 11 (9) "shore-based fisheries business" means a fisheries business 12 (A) operated from a facility that [WHICH] is permanently 13 attached to the land; [OR] 14 (B) operated from a facility that [WHICH] remains in the same
01 location in the state for the entire tax year; or 02 (C) operated from a facility that remains in the same 03 location in the state while engaged in processing fishery resources and that 04 does not process fishery resources at another location in the state during 05 the tax year; 06 * Sec. 3. This Act takes effect January 1, 2003.