Enrolled HB 293: Relating to a borough sales tax exemption for a source that is taxed by a city in that borough.
00Enrolled HB 293 01 Relating to a borough sales tax exemption for a source that is taxed by a city in that borough. 02 _______________ 03 * Section 1. AS 29.45.650(a) is amended to read: 04 (a) Except as provided in AS 04.21.010(c), AS 29.45.750, and in (f), (h), (i), 05 and (j) of this section, a borough may levy and collect a sales tax on sales, rents, and 06 on services provided in the borough. The sales tax may apply to any or all of these 07 sources. Notwithstanding other statutes, exemptions [EXEMPTIONS] may be 08 granted by ordinance. A borough may wholly or partially exempt a source from a 09 borough sales tax that is taxed by a city in that borough under AS 29.45.700. 10 * Sec. 2. Section 4, ch. 100, SLA 2002, as amended by sec. 9, ch. 117, SLA 2003, is 11 repealed and reenacted to read: 12 Sec. 4. AS 29.45.650(a) is amended to read: 13 (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.