Legislature(2019 - 2020)
2019-02-20 House JournalFull Journal pdf
2019-02-20 House Journal Page 0186 HB 65 HOUSE BILL NO. 65 by the House Rules Committee by request of the Governor, entitled: "An Act repealing the fisheries business tax allocation to municipalities; repealing the refunds to local governments of fisheries business taxes; repealing revenue sharing for the fishery resource landing tax; providing for an effective date by amending the effective date of sec. 36, ch. 61, SLA 2014; and providing for an effective date." was read the first time and referred to the House Special Committee on Fisheries and the Community & Regional Affairs and Finance Committees. 2019-02-20 House Journal Page 0187 The following fiscal note(s) apply: 1. Fiscal, Dept. of Commerce, Community, & Economic Development 2. Fiscal, Dept. of Revenue The Governor's transmittal letter dated February 15 follows: "Dear Speaker Edgmon: Under the authority of Article III, Section 18, of the Alaska Constitution, I am transmitting a bill repealing statutes providing allocations, refunds, and revenue sharing to municipalities from the Fisheries Business Taxes and Fishery Resource Landing Tax. Currently, the state shares revenues from state fisheries business taxes with municipalities. For the fisheries business taxes, 50 percent of Fisheries Business Taxes are shared with the municipalities where the fishery resources were processed. Similarly, the state shares 50 percent of the Fishery Resource Landing Tax with the municipality where the fishery resources were landed. The revenues that form the basis of the disbursement each October are from taxes collected for the previous calendar year of processing and landing of fisheries resources. In fiscal year 2018, the state shared approximately $29 million in revenues. This bill would repeal the statutes that provide for this revenue sharing. I urge your prompt and favorable action on this measure. Sincerely, /s/ Michael J. Dunleavy Governor"