2002-05-02                     House Journal                      Page 3310
Representative James moved and asked unanimous consent that the                                     
House rescind its previous action in adopting CSHB 303(FIN) (page                                   
2703).  There being no objection, it was so ordered.                                                
                                                                                                    
                                                                                                    
Representative James moved and asked unanimous consent that the                                     
following committee substitute be adopted in lieu of the original bill:                             
                                                                                                    
     2d CS FOR HOUSE BILL NO. 303(RLS)                                                              
     "An Act relating to taxation of individual income; and providing                               
     for an effective date."                                                                        
                                                                                                    
There being no objection, it was so ordered.                                                        
                                                                                                    
                                                                                                    
Amendment No. 4 was offered  by Representative Kohring:                                              
                                                                                                    
Page 1, line 1, following "income;" (title amendment):                                            
     Insert "imposing an individual income tax, and repealing that                                
tax;"                                                                                             
                                                                                                    
                                                                                                    
Page 8, following line 6:                                                                           
     Insert a new bill section to read:                                                             
"* Sec. 5.  AS 43.20.030(a) is amended to read:                                                   
          (a)  If a [EVERY INDIVIDUAL, PARTNERSHIP, AND]                                        
     corporation, or a partnership that has a corporation as a                                  
     partner, is required to make a return under the provisions of the                          
     Internal Revenue Code, it shall file with the department, within                       
     30 days after the federal return is required to be filed, a return                         
     setting out                                                                                    
               (1)  the amount of tax due under this chapter, less                                  
     [ALLOWABLE] credits [AND PAYMENTS] claimed against the                                         
     tax; and                                                                                       
               (2)  other information that the department requires for the                          
     purpose of carrying out the provisions of this chapter."                                       
                                                                                                    
Renumber the following bill sections accordingly.