Legislature(2017 - 2018)
2018-04-16 House Journal
Full Journal pdf2018-04-16 House Journal Page 3316 HB 399 The Finance Committee submitted the following forthcoming fiscal note to accompany the committee report (page 3268): 2. Fiscal, Dept. of Revenue for CS FOR HOUSE BILL NO. 399(FIN) "An Act relating to the use of a federal tax credit as a credit against the corporate net income tax; repealing a provision allowing the exclusion of certain royalties accrued or received from foreign corporations for purposes of the corporate net income tax; repealing the reduced rate for the alternative tax on capital gains for corporations; repealing an exemption from filing a return under the corporate net income tax for a corporation engaged in a contract under the Alaska Stranded Gas Development Act; and providing for an effective date." HB 399 is in the Rules Committee.