CSSB 277(RES): "An Act relating to the tax levied on pollock processed by a floating fisheries business; and providing for an effective date."
00 CS FOR SENATE BILL NO. 277(RES) 01 "An Act relating to the tax levied on pollock processed by a floating fisheries business; 02 and providing for an effective date." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 43.75.015(a) is amended to read: 05 (a) A person engaged in a fisheries business is liable for and shall pay the tax 06 levied by this section on the value of each of the following fisheries resources 07 processed during the year at the rate set out after each: 08 (1) salmon canned at a shore-based fisheries business - four and one- 09 half percent; 10 (2) salmon processed by a shore-based fisheries business, except 11 salmon for which the tax is due under (1) of this subsection, and all other fisheries 12 resources processed by a shore-based fisheries business - three percent; 13 (3) pollock processed by a floating fisheries business - three 14 percent;
01 (4) fisheries resources processed by a floating fisheries 02 business, except pollock - five percent. 03 * Sec. 2. This Act takes effect July 1, 2002.