HB 293: "An Act relating to a borough sales tax exemption for a source that is taxed by a city in that borough."
00 HOUSE BILL NO. 293 01 "An Act relating to a borough sales tax exemption for a source that is taxed by a city in 02 that borough." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 29.45.650(a) is amended to read: 05 (a) Except as provided in AS 04.21.010(c), AS 29.45.750, and in (f), (h), (i), 06 and (j) of this section, a borough may levy and collect a sales tax on sales, rents, and 07 on services provided in the borough. The sales tax may apply to any or all of these 08 sources. Notwithstanding other statutes, exemptions [EXEMPTIONS] may be 09 granted by ordinance. A borough may wholly or partially exempt a source from a 10 borough sales tax that is taxed by a city in that borough under AS 29.45.700. 11 * Sec. 2. Section 4, ch. 100, SLA 2002, as amended by sec. 9, ch. 117, SLA 2003, is 12 repealed and reenacted to read: 13 Sec. 4. AS 29.45.650(a) is amended to read: 14 (a) Except as provided in AS 04.21.010(c), [AS 29.45.750,] and in (f), (h), (i),
01 and (j) of this section, a borough may levy and collect a sales tax on sales, rents, and 02 on services provided in the borough. Notwithstanding other statutes, exemptions may 03 be granted by ordinance. A borough may wholly or partially exempt a source from a 04 borough sales tax that is taxed by a city in that borough under AS 29.45.700.