2022-02-28                     House Journal                      Page 1949
HB 37                                                                                                                         
The State Affairs Committee considered:                                                                                         
                                                                                                                                
     HOUSE BILL NO. 37                                                                                                          
     "An Act relating to deposits into the dividend fund; relating to                                                           
     income of and appropriations from the earnings reserve account;                                                            

2022-02-28                     House Journal                      Page 1950
     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."                                                                                          
                                                                                                                                
and recommends it be replaced with:                                                                                             
                                                                                                                                
     CS FOR HOUSE BILL NO. 37(STA)                                                                                              
     (same title)                                                                                                               
                                                                                                                                
The report was signed by Representative Kreiss-Tomkins, Chair, with                                                             
the following individual recommendations:                                                                                       
                                                                                                                                
Do not pass (2):  Eastman, Vance                                                                                                
                                                                                                                                
No recommendation (4):  Claman, Story, Tarr, Kreiss-Tomkins                                                                     
                                                                                                                                
The following fiscal note(s) apply to CSHB 37(STA):                                                                             
                                                                                                                                
4.  Fiscal, Dept. of Administration                                                                                             
5.  Fiscal, Dept. of Revenue                                                                                                    
6.  Fiscal, Dept. of Revenue                                                                                                    
7.  Fiscal, Dept. of Revenue                                                                                                    
                                                                                                                                
HB 37 was referred to the Finance Committee.