00                            HOUSE BILL NO. 423                                                                          
01 "An Act relating to the fees for business licenses; and providing for an effective date."                               
02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
03    * Section 1. AS 43.70.030 is amended by adding new subsections to read:                                            
04            (e)  Notwithstanding (a) of this section, the fee for a business license is $25 a                            
05       year if the person provides a sworn statement that, if the business has been in                                   
06       operation for                                                                                                     
07                 (1)  two years or more, the gross revenue for the business for each of                                  
08       the previous two years of the business was less than $10,000;                                                     
09                 (2)  less than two years but more than one year, the gross revenue for                                  
10       the business for the previous year was less than $10,000 and the person anticipates that                          
11       the gross revenue for the business will be less than $10,000 for the second year;                                 
12                 (3)  one year, the gross revenue of the business was less than $10,000                                  
13       for the year; or                                                                                                  
14                 (4)  less than one year, the person anticipates that the gross revenue of                               
15       the business will be less than $10,000 for the first year.                                                        

01            (f)  The fee under (e) of this section may be charged at the rate of $25 a year                              
02       once every two years at the department's discretion.                                                              
03            (g)  If a person pays the fee established under (e) of this section, but the gross                           
04       revenue of the business is $10,000 or more during a year for which the license is                                 
05       issued, the person shall pay the fee established under (a) of this section for that year.                         
06       The person shall pay the fee by April 20 of the year that follows the year when the                               
07       gross revenue of the business was $10,000 or more.                                                                
08    * Sec. 2. This Act takes effect immediately under AS 01.10.070(c).