1997-01-13                     Senate Journal                      Page 0014
SB 2                                                                         
SENATE BILL NO. 2 BY SENATOR TAYLOR, entitled:                                 
                                                                               
An Act amending the Alaska Net Income Tax Act to                              
provide that the net proceeds of a qualified nonprofit                         
organization's unrelated business taxable income                               
obtained from permitted gaming activities are not                              
subject to tax; and providing for an effective date.                           
                                                                               
was read the first time and referred to the Labor and Commerce,                
Judiciary, and Finance Committees.                                             
(Prefile released January 3, 1997)