Legislature(1997 - 1998)

1997-05-11 Senate Journal

Full Journal pdf

1997-05-11                     Senate Journal                      Page 2033
HB 63                                                                        
Engrossment was waived on SENATE CS FOR CS FOR HOUSE                           
BILL NO. 63(RLS) am S An Act relating to the tax on motor fuel;                
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            
relating to use of ethanol to satisfy oxygenated fuel requirements;            
and providing for an effective date and the bill was transmitted to            
the House with certified amendments.