CSHB 233(FIN) am: "An Act relating to the insurance tax education credit, the income tax education credit, the oil or gas producer education credit, the property tax education credit, the mining business education credit, the fisheries business education credit, and the fisheries resource landing tax education credit; providing for an effective date by repealing the effective dates of secs. 3, 5, 7, 10, 14, 16, 18, 21, 23, 25, 28, 30, 32, 35, 37, 39, 42, 44, 46, 49, 51, 53, and 55, ch. 92, SLA 2010, sec. 14, ch. 7, FSSLA 2011, secs. 15, 17, 19, 21, 23, and 25, ch. 74, SLA 2012, sec. 49, ch. 14, SLA 2014, secs. 37, 40, 43, and 46, ch. 15, SLA 2014, and secs. 26 and 31, ch. 61, SLA 2014; providing for an effective date by amending the effective date of secs. 1, 2, and 21, ch. 61, SLA 2014; and providing for an effective date."
00 CS FOR HOUSE BILL NO. 233(FIN) am 01 "An Act relating to the insurance tax education credit, the income tax education credit, 02 the oil or gas producer education credit, the property tax education credit, the mining 03 business education credit, the fisheries business education credit, and the fisheries 04 resource landing tax education credit; providing for an effective date by repealing the 05 effective dates of secs. 3, 5, 7, 10, 14, 16, 18, 21, 23, 25, 28, 30, 32, 35, 37, 39, 42, 44, 46, 49, 06 51, 53, and 55, ch. 92, SLA 2010, sec. 14, ch. 7, FSSLA 2011, secs. 15, 17, 19, 21, 23, and 07 25, ch. 74, SLA 2012, sec. 49, ch. 14, SLA 2014, secs. 37, 40, 43, and 46, ch. 15, SLA 2014, 08 and secs. 26 and 31, ch. 61, SLA 2014; providing for an effective date by amending the 09 effective date of secs. 1, 2, and 21, ch. 61, SLA 2014; and providing for an effective 10 date." 11 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 12 * Section 1. The uncodified law of the State of Alaska is amended by adding a new section
01 to read: 02 LEGISLATIVE FINDINGS AND INTENT. (a) The legislature finds that, 03 (1) under sec. 37, ch. 61, SLA 2014, the education tax credits are scheduled to 04 be repealed December 31, 2018; 05 (2) under ch. 92, SLA 2010, the education tax credits were scheduled both to 06 decrease in dollar value and to narrow in scope on January 1, 2014; 07 (3) under sec. 15, ch. 7, FSSLA 2011, the effective date of the scheduled 08 reductions in ch. 92, SLA 2010, have been extended from January 1, 2014, to January 1, 09 2021. 10 (b) It is the intent of the legislature in enacting this Act to 11 (1) extend the effective date for the repeal of the education tax credits from 12 December 31, 2018, to January 1, 2025; and 13 (2) repeal the decrease in dollar value and the narrowing in scope of the 14 education tax credits that are currently scheduled to take place on January 1, 2021. 15 (c) It is the intent of the legislature that, under this Act, the education tax credits 16 remain as they will appear on the effective date of secs. 2 - 9 of this Act, until they are 17 repealed January 1, 2025. 18 * Sec. 2. AS 21.96.070(a) is amended to read: 19 (a) A taxpayer is allowed a credit against the tax due under AS 21.09.210 or 20 AS 21.66.110 for cash contributions accepted 21 (1) for direct instruction, research, and educational support purposes, 22 including library and museum acquisitions, and contributions to endowment, by an 23 Alaska university foundation or by a nonprofit, public or private, Alaska two-year or 24 four-year college accredited by a national or regional accreditation association; 25 (2) for secondary school level vocational education courses, programs, 26 and facilities by a school district in the state; 27 (3) for vocational education courses, programs, and facilities by a 28 state-operated vocational technical education and training school; 29 (4) for a facility [OR AN ANNUAL INTERCOLLEGIATE SPORTS 30 TOURNAMENT] by a nonprofit, public or private, Alaska two-year or four-year 31 college accredited by a national or regional accreditation association;
01 (5) for Alaska Native cultural or heritage programs and educational 02 support, including mentoring and tutoring, provided by a nonprofit agency for public 03 school staff and for students who are in grades kindergarten through 12 in the state; 04 and 05 (6) for education, research, rehabilitation, and facilities by an 06 institution that is located in the state and that qualifies as a coastal ecosystem learning 07 center under the Coastal America Partnership established by the federal government. 08 * Sec. 3. AS 43.20.014(a) is amended to read: 09 (a) A taxpayer is allowed a credit against the tax due under this chapter for 10 cash contributions accepted for 11 (1) direct instruction, research, and educational support purposes, 12 including library and museum acquisitions, and contributions to endowment, by an 13 Alaska university foundation, by a nonprofit, public or private, Alaska two-year or 14 four-year college accredited by a national or regional accreditation association, or by 15 a public or private nonprofit elementary or secondary school in the state; 16 (2) secondary school level vocational education courses, programs, and 17 facilities by a school district in the state; 18 (3) vocational education courses, programs, equipment, and facilities 19 by a state-operated vocational technical education and training school, a nonprofit 20 regional training center recognized by the Department of Labor and Workforce 21 Development, and an apprenticeship program in the state that is registered with the 22 United States Department of Labor under 29 U.S.C. 50 - 50b (National Apprenticeship 23 Act); 24 (4) a facility by a nonprofit, public or private, Alaska two-year or four- 25 year college accredited by a national or regional accreditation association or by a 26 public or private nonprofit elementary or secondary school in the state; 27 (5) Alaska Native cultural or heritage programs and educational 28 support, including mentoring and tutoring, provided by a nonprofit agency for public 29 school staff and for students who are in grades kindergarten through 12 in the state; 30 (6) education, research, rehabilitation, and facilities by an institution 31 that is located in the state and that qualifies as a coastal ecosystem learning center
01 under the Coastal America Partnership established by the federal government; 02 (7) the Alaska higher education investment fund under AS 37.14.750; 03 (8) funding a scholarship awarded by a nonprofit organization to a 04 dual-credit student to defray the cost of a dual-credit course, including the cost of 05 (A) tuition and textbooks; 06 (B) registration, course, and programmatic student fees; 07 (C) on-campus room and board at the postsecondary institution 08 in the state that provides the dual-credit course; 09 (D) transportation costs to and from a residential school 10 approved by the Department of Education and Early Development under 11 AS 14.16.200 or the postsecondary school in the state that provides the dual- 12 credit course; and 13 (E) other related educational and programmatic costs; 14 (9) constructing, operating, or maintaining a residential housing 15 facility by a residential school in the state approved by the Department of Education 16 and Early Development under AS 14.16.200; 17 (10) childhood early learning and development programs and 18 educational support to childhood early learning and development programs provided 19 by a nonprofit corporation organized under AS 10.20, a tribal entity, or a school 20 district in the state, by the Department of Education and Early Development, or 21 through a state grant; 22 (11) science, technology, engineering, and math programs provided by 23 a nonprofit agency or a school district for school staff and for students in grades 24 kindergarten through 12 in the state; and 25 (12) the operation of a nonprofit organization dedicated to providing 26 educational opportunities that promote the legacy of public service contributions to the 27 state and perpetuate ongoing educational programs that foster public service 28 leadership for future generations of residents of the state. 29 * Sec. 4. AS 43.55.019(a) is amended to read: 30 (a) A producer of oil or gas is allowed a credit against the tax levied by 31 AS 43.55.011(e) for cash contributions accepted for
01 (1) direct instruction, research, and educational support purposes, 02 including library and museum acquisitions, and contributions to endowment, by an 03 Alaska university foundation or by a nonprofit, public or private, Alaska two-year or 04 four-year college accredited by a national or regional accreditation association; 05 (2) secondary school level vocational education courses, programs, and 06 facilities by a school district in the state; 07 (3) vocational education courses, programs, equipment, and facilities 08 by a state-operated vocational technical education and training school, a nonprofit 09 regional training center recognized by the Department of Labor and Workforce 10 Development, and an apprenticeship program in the state that is registered with the 11 United States Department of Labor under 29 U.S.C. 50 - 50b (National Apprenticeship 12 Act); 13 (4) a facility [OR AN ANNUAL INTERCOLLEGIATE SPORTS 14 TOURNAMENT] by a nonprofit, public or private, Alaska two-year or four-year 15 college accredited by a national or regional accreditation association; 16 (5) Alaska Native cultural or heritage programs and educational 17 support, including mentoring and tutoring, provided by a nonprofit agency for public 18 school staff and for students who are in grades kindergarten through 12 in the state; 19 (6) education, research, rehabilitation, and facilities by an institution 20 that is located in the state and that qualifies as a coastal ecosystem learning center 21 under the Coastal America Partnership established by the federal government; and 22 (7) the Alaska higher education investment fund under AS 37.14.750. 23 * Sec. 5. AS 43.56.018(a) is amended to read: 24 (a) The owner of property taxable under this chapter is allowed a credit 25 against the tax due under this chapter for cash contributions accepted for 26 (1) direct instruction, research, and educational support purposes, 27 including library and museum acquisitions, and contributions to endowment, by an 28 Alaska university foundation or by a nonprofit, public or private, Alaska two-year or 29 four-year college accredited by a national or regional accreditation association; 30 (2) secondary school level vocational education courses, programs, and 31 facilities by a school district in the state;
01 (3) vocational education courses, programs, and facilities by a state- 02 operated vocational technical education and training school; 03 (4) a facility [OR AN ANNUAL INTERCOLLEGIATE SPORTS 04 TOURNAMENT] by a nonprofit, public or private, Alaska two-year or four-year 05 college accredited by a national or regional accreditation association; 06 (5) Alaska Native cultural or heritage programs and educational 07 support, including mentoring and tutoring, provided by a nonprofit agency for public 08 school staff and for students who are in grades kindergarten through 12 in the state; 09 (6) education, research, rehabilitation, and facilities by an institution 10 that is located in the state and that qualifies as a coastal ecosystem learning center 11 under the Coastal America Partnership established by the federal government; and 12 (7) the Alaska higher education investment fund under AS 37.14.750. 13 * Sec. 6. AS 43.65.018(a) is amended to read: 14 (a) A person engaged in the business of mining in the state is allowed a credit 15 against the tax due under this chapter for cash contributions accepted for 16 (1) direct instruction, research, and educational support purposes, 17 including library and museum acquisitions, and contributions to endowment, by an 18 Alaska university foundation, by a nonprofit, public or private, Alaska two-year or 19 four-year college accredited by a national or regional accreditation association, or by 20 a public or private nonprofit elementary or secondary school in the state; 21 (2) secondary school level vocational education courses, programs, and 22 facilities by a school district in the state; 23 (3) vocational education courses, programs, and facilities by a state- 24 operated vocational technical education and training school; 25 (4) a facility by a nonprofit, public or private, Alaska two-year or four- 26 year college accredited by a national or regional accreditation association or by a 27 public or private nonprofit elementary or secondary school in the state; 28 (5) Alaska Native cultural or heritage programs and educational 29 support, including mentoring and tutoring, provided by a nonprofit agency for public 30 school staff and for students who are in grades kindergarten through 12 in the state; 31 (6) education, research, rehabilitation, and facilities by an institution
01 that is located in the state and that qualifies as a coastal ecosystem learning center 02 under the Coastal America Partnership established by the federal government; 03 (7) the Alaska higher education investment fund under AS 37.14.750; 04 (8) funding a scholarship awarded by a nonprofit organization to a 05 dual-credit student to defray the cost of a dual-credit course, including the cost of 06 (A) tuition and textbooks; 07 (B) registration, course, and programmatic student fees; 08 (C) on-campus room and board at the postsecondary institution 09 in the state that provides the dual-credit course; 10 (D) transportation costs to and from a residential school 11 approved by the Department of Education and Early Development under 12 AS 14.16.200 or the postsecondary school in the state that provides the dual- 13 credit course; and 14 (E) other related educational and programmatic costs; 15 (9) constructing, operating, or maintaining a residential housing 16 facility by a residential school approved by the Department of Education and Early 17 Development under AS 14.16.200; 18 (10) childhood early learning and development programs and 19 educational support to childhood early learning and development programs provided 20 by a nonprofit corporation organized under AS 10.20, a tribal entity, or a school 21 district in the state, by the Department of Education and Early Development, or 22 through a state grant; 23 (11) science, technology, engineering, and math programs provided by 24 a nonprofit agency or a school district for school staff and for students in grades 25 kindergarten through 12 in the state; and 26 (12) the operation of a nonprofit organization dedicated to providing 27 educational opportunities that promote the legacy of public service contributions to the 28 state and perpetuate ongoing educational programs that foster public service 29 leadership for future generations of residents of the state. 30 * Sec. 7. AS 43.75.018(a) is amended to read: 31 (a) A person engaged in a fisheries business is allowed a credit against the tax
01 due under this chapter for cash contributions accepted for 02 (1) direct instruction, research, and educational support purposes, 03 including library and museum acquisitions, and contributions to endowment, by an 04 Alaska university foundation, by a nonprofit, public or private, Alaska two-year or 05 four-year college accredited by a national or regional accreditation association, or by 06 a public or private nonprofit elementary or secondary school in the state; 07 (2) secondary school level vocational education courses, programs, and 08 facilities by a school district in the state; 09 (3) vocational education courses, programs, and facilities by a state- 10 operated vocational technical education and training school; 11 (4) a facility by a nonprofit, public or private, Alaska two-year or four- 12 year college accredited by a national or regional accreditation association or by a 13 public or private nonprofit elementary or secondary school in the state; 14 (5) Alaska Native cultural or heritage programs and educational 15 support, including mentoring and tutoring, provided by a nonprofit agency for public 16 school staff and for students who are in grades kindergarten through 12 in the state; 17 (6) education, research, rehabilitation, and facilities by an institution 18 that is located in the state and that qualifies as a coastal ecosystem learning center 19 under the Coastal America Partnership established by the federal government; 20 (7) the Alaska higher education investment fund under AS 37.14.750; 21 (8) funding a scholarship awarded by a nonprofit organization to a 22 dual-credit student to defray the cost of a dual-credit course, including the cost of 23 (A) tuition and textbooks; 24 (B) registration, course, and programmatic student fees; 25 (C) on-campus room and board at the postsecondary institution 26 in the state that provides the dual-credit course; 27 (D) transportation costs to and from a residential school 28 approved by the Department of Education and Early Development under 29 AS 14.16.200 or the postsecondary school in the state that provides the dual- 30 credit course; and 31 (E) other related educational and programmatic costs;
01 (9) constructing, operating, or maintaining a residential housing 02 facility by a residential school approved by the Department of Education and Early 03 Development under AS 14.16.200; 04 (10) childhood early learning and development programs and 05 educational support to childhood early learning and development programs provided 06 by a nonprofit corporation organized under AS 10.20, a tribal entity, or a school 07 district in the state, by the Department of Education and Early Development, or 08 through a state grant; 09 (11) science, technology, engineering, and math programs provided by 10 a nonprofit agency or a school district for school staff and for students in grades 11 kindergarten through 12 in the state; and 12 (12) the operation of a nonprofit organization dedicated to providing 13 educational opportunities that promote the legacy of public service contributions to the 14 state and perpetuate ongoing educational programs that foster public service 15 leadership for future generations of residents of the state. 16 * Sec. 8. AS 43.77.045(a) is amended to read: 17 (a) In addition to the credit allowed under AS 43.77.040, a person engaged in 18 a floating fisheries business is allowed a credit against the tax due under this chapter 19 for cash contributions accepted for 20 (1) direct instruction, research, and educational support purposes, 21 including library and museum acquisitions, and contributions to endowment, by an 22 Alaska university foundation, by a nonprofit, public or private, Alaska two-year or 23 four-year college accredited by a national or regional accreditation association, or by 24 a public or private nonprofit elementary or secondary school in the state; 25 (2) secondary school level vocational education courses, programs, and 26 facilities by a school district in the state; 27 (3) vocational education courses, programs, and facilities by a state- 28 operated vocational technical education and training school; 29 (4) a facility by a nonprofit, public or private, Alaska two-year or four- 30 year college accredited by a national or regional accreditation association or by a 31 public or private nonprofit elementary or secondary school in the state;
01 (5) Alaska Native cultural or heritage programs and educational 02 support, including mentoring and tutoring, provided by a nonprofit agency for public 03 school staff and for students who are in grades kindergarten through 12 in the state; 04 (6) education, research, rehabilitation, and facilities by an institution 05 that is located in the state and that qualifies as a coastal ecosystem learning center 06 under the Coastal America Partnership established by the federal government; 07 (7) the Alaska higher education investment fund under AS 37.14.750; 08 (8) funding a scholarship awarded by a nonprofit organization to a 09 dual-credit student to defray the cost of a dual-credit course, including the cost of 10 (A) tuition and textbooks; 11 (B) registration, course, and programmatic student fees; 12 (C) on-campus room and board at the postsecondary institution 13 in the state that provides the dual-credit course; 14 (D) transportation costs to and from a residential school 15 approved by the Department of Education and Early Development under 16 AS 14.16.200 or the postsecondary school in the state that provides the dual- 17 credit course; and 18 (E) other related educational and programmatic costs; 19 (9) constructing, operating, or maintaining a residential housing 20 facility by a residential school approved by the Department of Education and Early 21 Development under AS 14.16.200; 22 (10) childhood early learning and development programs and 23 educational support to childhood early learning and development programs provided 24 by a nonprofit corporation organized under AS 10.20, a tribal entity, or a school 25 district in the state, by the Department of Education and Early Development, or 26 through a state grant; 27 (11) science, technology, engineering, and math programs provided by 28 a nonprofit agency or a school district for school staff and for students in grades 29 kindergarten through 12 in the state; and 30 (12) the operation of a nonprofit organization dedicated to providing 31 educational opportunities that promote the legacy of public service contributions to the
01 state and perpetuate ongoing educational programs that foster public service 02 leadership for future generations of residents of the state. 03 * Sec. 9. AS 43.77.045(a), as amended by sec. 8 of this Act, is amended to read: 04 (a) A [IN ADDITION TO THE CREDIT ALLOWED UNDER AS 43.77.040, 05 A] person engaged in a floating fisheries business is allowed a credit against the tax 06 due under this chapter for cash contributions accepted for 07 (1) direct instruction, research, and educational support purposes, 08 including library and museum acquisitions, and contributions to endowment, by an 09 Alaska university foundation, by a nonprofit, public or private, Alaska two-year or 10 four-year college accredited by a national or regional accreditation association, or by a 11 public or private nonprofit elementary or secondary school in the state; 12 (2) secondary school level vocational education courses, programs, and 13 facilities by a school district in the state; 14 (3) vocational education courses, programs, and facilities by a state- 15 operated vocational technical education and training school; 16 (4) a facility by a nonprofit, public or private, Alaska two-year or four- 17 year college accredited by a national or regional accreditation association or by a 18 public or private nonprofit elementary or secondary school in the state; 19 (5) Alaska Native cultural or heritage programs and educational 20 support, including mentoring and tutoring, provided by a nonprofit agency for public 21 school staff and for students who are in grades kindergarten through 12 in the state; 22 (6) education, research, rehabilitation, and facilities by an institution 23 that is located in the state and that qualifies as a coastal ecosystem learning center 24 under the Coastal America Partnership established by the federal government; 25 (7) the Alaska higher education investment fund under AS 37.14.750; 26 (8) funding a scholarship awarded by a nonprofit organization to a 27 dual-credit student to defray the cost of a dual-credit course, including the cost of 28 (A) tuition and textbooks; 29 (B) registration, course, and programmatic student fees; 30 (C) on-campus room and board at the postsecondary institution 31 in the state that provides the dual-credit course;
01 (D) transportation costs to and from a residential school 02 approved by the Department of Education and Early Development under 03 AS 14.16.200 or the postsecondary school in the state that provides the dual- 04 credit course; and 05 (E) other related educational and programmatic costs; 06 (9) constructing, operating, or maintaining a residential housing 07 facility by a residential school approved by the Department of Education and Early 08 Development under AS 14.16.200; 09 (10) childhood early learning and development programs and 10 educational support to childhood early learning and development programs provided 11 by a nonprofit corporation organized under AS 10.20, a tribal entity, or a school 12 district in the state, by the Department of Education and Early Development, or 13 through a state grant; 14 (11) science, technology, engineering, and math programs provided by 15 a nonprofit agency or a school district for school staff and for students in grades 16 kindergarten through 12 in the state; and 17 (12) the operation of a nonprofit organization dedicated to providing 18 educational opportunities that promote the legacy of public service contributions to the 19 state and perpetuate ongoing educational programs that foster public service 20 leadership for future generations of residents of the state. 21 * Sec. 10. Sections 3, 5, 7, 10, 14, 16, 18, 21, 23, 25, 28, 30, 32, 35, 37, 39, 42, 44, 46, 49, 22 51, 53, and 55, ch. 92, SLA 2010, sec. 14, ch. 7, FSSLA 2011, secs. 15, 17, 19, 21, 23, and 23 25, ch. 74, SLA 2012, sec. 49, ch. 14, SLA 2014, secs. 37, 40, 43, and 46, ch. 15, SLA 2014, 24 and secs. 26 and 31, ch. 61, SLA 2014, are repealed. 25 * Sec. 11. Section 57, ch. 92, SLA 2010, sec. 15, ch. 7, FSSLA 2011, sec. 32, ch. 74, SLA 26 2012, sec. 82, ch. 14, SLA 2014, and sec. 61, ch. 15, SLA 2014, are repealed. 27 * Sec. 12. Section 37, ch. 61, SLA 2014, is amended to read: 28 Sec. 37. Sections 1, 2, and [15, 18,] 21 [, 24, 26, AND 31] of this Act take 29 effect January 1, 2025 [DECEMBER 31, 2018]. 30 * Sec. 13. Sections 2 - 8 of this Act take effect January 1, 2019. 31 * Sec. 14. Section 9 of this Act takes effect on the effective date of sec. 23, ch. 61, SLA
01 2014. 02 * Sec. 15. Except as provided in secs. 13 and 14 of this Act, this Act takes effect 03 immediately under AS 01.10.070(c).