2022-04-13                     House Journal                      Page 2515
HB 229                                                                                                                        
The following, which was moved to the bottom of the calendar                                                                    
(page 2507), was before the House in second reading:                                                                            
                                                                                                                                
    CS FOR HOUSE BILL NO. 229(EDC)                                                                                              
    "An Act relating to the Alaska higher education investment trust                                                            
    fund; and relating to the Alaska Student Loan Corporation."                                                                 
                                                                                                                                
Amendment No. 2 was offered  by Representative Eastman:                                                                          
                                                                                                                                
Page 1, line 1 (title amendment):                                                                                               
    Delete "and"                                                                                                              
                                                                                                                                
Page 1, line 2, following "Corporation":                                                                                      
    Insert "; and relating to the insurance tax education credit, the                                                         
income tax education credit, the oil or gas producer education                                                                
credit, the property tax education credit, the mining business                                                                
education credit, the fisheries business education credit, and the                                                            
fisheries resource landing tax education credit"                                                                              
                                                                                                                                
Page 5, following line 13:                                                                                                      
    Insert a new bill section to read:                                                                                          
"* Sec. 6. AS 21.96.070(d) is amended to read:                                                                                
         (d)  A contribution claimed as a credit under this section may                                                         
    not                                                                                                                         
             (1)  be the basis for a credit claimed under another                                                               
    provision of this title; and                                                                                                
             (2)  when combined with contributions that are the basis                                                           
    for credits taken during the taxpayer's tax year under                                                                      
    AS 43.20.014, AS 43.55.019, AS 43.56.018, AS 43.65.018,                                                                     
    AS 43.75.018, or AS 43.77.045, result in the total amount of                                                                
    credits exceeding $5,000,000 [$1,000,000]; if the taxpayer is a                                                         
    member of an affiliated group, then the total amount of credits                                                             
    may not exceed $5,000,000 [$1,000,000] for the affiliated group;                                                        
    in this paragraph, "affiliated group" has the meaning given in                                                              
    AS 43.20.145."                                                                                                              
                                                                                                                                
Renumber the following bill sections accordingly.                                                                               
                                                                                                                                
Page 7, following line 30:                                                                                                      
    Insert a new bill section to read: