Legislature(2011 - 2012)

2012-09-25 Senate Journal

Full Journal pdf

2012-09-25                     Senate Journal                      Page 2487
SB 23                                                                                                                         
Message was received stating the Governor signed the following bill                                                             
on May 30 and transmitted the engrossed and enrolled copies to the                                                              
Lieutenant Governor's Office for permanent filing:                                                                              
                                                                                                                                
         HOUSE CS FOR CS FOR SENATE BILL NO.                                                                                    
         23(RLS) am H "An Act relating to taxes and tax                                                                         
         credits; exempting certain small businesses from the                                                                   
         corporate income tax; relating to oil and gas                                                                          
         production taxes; relating to tax credits for oil and                                                                  
         gas exploration; relating to tax credits and cost                                                                      
         savings for liquefied natural gas storage and reducing                                                                 

2012-09-25                     Senate Journal                      Page 2488
         costs to consumers; relating to an exemption from                                                                      
         rental payments on state land for certain liquefied                                                                    
         natural gas facilities; relating to transferable film                                                                  
         production tax credits and film production tax credit                                                                  
         certificates; relating to the taxes against which a film                                                               
         production tax credit may be applied; transferring the                                                                 
         film office to the Department of Revenue and relating                                                                  
         to that office; establishing the Alaska Film Incentive                                                                 
         Review Commission; establishing a film production                                                                      
         promotion program; relating to the amount of credit                                                                    
         that may be awarded for compensation to producers,                                                                     
         directors, writers, and actors who are not residents;                                                                  
         providing for a fee to be paid at the time an                                                                          
         application for eligibility for the film production tax                                                                
         credit is filed; providing a one-time credit for the first                                                             
         episodic scripted television production in the state;                                                                  
         requiring the legislative audit division to audit the                                                                  
         Alaska film production incentive program; providing                                                                    
         for an effective date by repealing the effective dates                                                                 
         of secs. 3 and 4, ch. 63, SLA 2008; and providing for                                                                  
         an effective date."                                                                                                    
                                                                                                                                
                            Chapter 51, SLA 2012                                                                               
                        Effective Date: See Chapter