2016-04-06                     Senate Journal                      Page 2336
HB 155                                                                                                                        
The Labor and Commerce Committee considered CS FOR HOUSE                                                                        
BILL NO. 155(FIN) "An Act repealing an exploration incentive credit;                                                            
amending the calculation of adjusted gross income for purposes of the                                                           
tax on gambling activities aboard large passenger vessels; repealing                                                            
the amount that may be deducted from the motor fuel tax to cover the                                                            
expense of accounting and filing for the monthly tax return; repealing                                                          
a provision allowing an investigation expense under the Alaska Small                                                            
Loans Act to be in place of a fee required under the Alaska Business                                                            
License Act; repealing the amount that may be deducted from the                                                                 
tobacco excise tax to cover the expense of accounting and filing for                                                            
the monthly tax return; repealing the discount on cigarette tax stamps                                                          
provided as compensation for affixing the stamps to packages; and                                                               
providing for an effective date" and recommended it be replaced with                                                            
                                                                                                                                
                                                                                                                                

2016-04-06                     Senate Journal                      Page 2337
          SENATE CS FOR CS FOR HOUSE BILL                                                                                       
          NO. 155(L&C) "An Act repealing an exploration                                                                         
          incentive credit; amending the calculation of adjusted                                                                
          gross income for purposes of the tax on gambling                                                                      
          activities aboard large passenger vessels; repealing a                                                                
          provision allowing an investigation expense under                                                                     
          the Alaska Small Loans Act to be in place of a fee                                                                    
          required under the Alaska Business License Act;                                                                       
          repealing the amount that may be deducted from the                                                                    
          tobacco excise tax to cover the expense of accounting                                                                 
          and filing for the monthly tax return; repealing the                                                                  
          discount on cigarette tax stamps provided as                                                                          
          compensation for affixing the stamps to packages;                                                                     
          and providing for an effective date."                                                                                 
          (technical title change)                                                                                              
                                                                                                                                
Signing do pass: Senator Costello, Chair; Senators Giessel, Meyer,                                                              
Stevens. Signing no recommendation: Senator Ellis.                                                                              
                                                                                                                                
The following fiscal information was published today:                                                                           
     Fiscal Note No. 2, indeterminate, Department of Revenue                                                                    
                                                                                                                                
The bill was referred to the Finance Committee.