2017-04-14                     House Journal                      Page 1101
HB 115                                                                                                                        
The following was read the second time:                                                                                         
                                                                                                                                
    HOUSE BILL NO. 115                                                                                                          
    "An Act relating to the permanent fund dividend; relating to the                                                            
    appropriation of certain amounts of the earnings reserve account;                                                           
    relating to the taxation of income of individuals; relating to a                                                            
    payment against the individual income tax from the permanent                                                                
    fund dividend disbursement; repealing tax credits applied against                                                           
    the tax on individuals under the Alaska Net Income Tax Act; and                                                             
    providing for an effective date."                                                                                           
                                                                                                                                
with the:                                                   Journal Page                                                        
                                                                                                                                
 FIN RPT CS(FIN) NT 4DP 4DNP 2NR 1AM                                 1057                                                       
 FN1: (ADM)                                                          1057                                                       
 FN2: (REV)                                                          1057                                                       
                                                                                                                                
Representative Tuck moved and asked unanimous consent that the                                                                  
following committee substitute be adopted in lieu of the original bill:                                                         
                                                                                                                                
    CS FOR HOUSE BILL NO. 115(FIN)                                                                                              
    "An Act bearing the short title of the 'Education Funding Act';                                                             
    relating to the taxation of income of individuals, partners,                                                                
    shareholders in S corporations, trusts, and estates; relating to a                                                          
    payment against the individual income tax from the permanent                                                                
    fund dividend disbursement; repealing tax credits applied against                                                           
    the tax on individuals under the Alaska Net Income Tax Act; and                                                             
    providing for an effective date."                                                                                           
                                                                                                                                

2017-04-14                     House Journal                      Page 1102
There being no objection, it was so ordered.                                                                                    
                                                                                                                                
Representative Tuck moved and asked unanimous consent that CSHB
(FIN) be considered engrossed, advanced to third reading, and                                                                
placed on final passage.                                                                                                        
                                                                                                                                
There was objection.                                                                                                            
                                                                                                                                
CSHB 115(FIN) will advance to third reading on tomorrow's calendar.