1997-05-06                     Senate Journal                      Page 1760
HB 63                                                                        
CS FOR HOUSE BILL NO. 63(2d RLS) BY THE HOUSE RULES                            
COMMITTEE, entitled:                                                           
                                                                               
An Act amending the definition of motor fuel                                  
under the states motor fuel tax to add, as a part of                           
the tax exemption set out in that definition,                                  
exemption from the tax for fuel sold for use in jet                            
propulsion aircraft operating in flights that continue                         
from foreign countries, subject to termination of the                          
exemption for that fuel if a refiner operating a                               
refinery at which the fuel was produced fails to                               
comply with terms of a voluntary agreement entered                             
into by the refiner to use Alaska residents,                                   
contractors, and suppliers to provide goods and                                
services when the refinerys capacity is expanded, to                           
add exemption from the tax for certain number 6                                
residual fuel oil, also known as bunker fuel, and to                           
delete the exemption from the tax for fuel that is at                          
least 10 percent alcohol by volume; and repealing                              
ch. 42, SLA 1994, the Act providing for the                                    
imposition of a different tax levy on residual fuel                            
oil used in and on certain watercraft until June 30,                           
1998; and providing for an effective date.                                     
                                                                               
was read the first time and referred to the Finance Committee.