2026-05-18                     House Journal                      Page 2799
And so, Amendment No. 6 to Amendment No. 2 as amended was                                                                       
adopted.                                                                                                                        
                                                                                                                                
Amendment No. 7 to Amendment No. 2 as amended was offered by                                                                    
Representative Holland:                                                                                                         
                                                                                                                                
Page 1, line 8 of the amendment, following "gas;":                                                                            
     Insert "establishing an infrastructure maintenance surcharge                                                             
on oil and a related Dalton Highway pipeline corridor                                                                         
maintenance fund;"                                                                                                            
                                                                                                                                
Page 12, following line 26 of the amendment:                                                                                    
     Insert new bill sections to read:                                                                                          
"* Sec. 19. AS 43.55.023(c) is amended to read:                                                                               
         (c)  A credit or portion of a credit under this section                                                                
              (1)  may not be used to reduce a person's tax liability                                                           
     under AS 43.55.011(e) for any calendar year below zero;                                                                    
              (2)  may, if not used under this subsection, be applied in a                                                      
     later calendar year;                                                                                                       
              (3)  may, regardless of when the credit was earned, be                                                            
     used to satisfy a tax, interest, penalty, fee, or other charge that                                                       
                   (A)  is related to the tax due under this chapter for a                                                      
         prior year, except for a surcharge under AS 43.55.201 -                                                                
         43.55.299, [OR] 43.55.300, or 43.55.320 or the tax levied by                                                   
         AS 43.55.011(i) or 43.55.014; and                                                                                      
                   (B)  has not, for the purpose of art. IX, sec. 17(a),                                                        
         Constitution of the State of Alaska, been subject to an                                                                
         administrative proceeding or litigation.                                                                               
   * Sec. 20. AS 43.55.023(e) is amended to read:                                                                             
         (e)  A person to which a transferable tax credit certificate is                                                        
     issued under (d) of this section may transfer the certificate to                                                           
     another person, and a transferee may further transfer the                                                                  
     certificate. Subject to the limitations set out in (a) - (d) of this                                                       
     section, and notwithstanding any action the department may take                                                            
     with respect to the applicant under (g) of this section, the owner of                                                      
     a certificate may apply the credit or a portion of the credit shown                                                        
     on the certificate                                                                                                         
              (1)  against a tax levied by AS 43.55.011(e); however, a                                                          
     credit shown on a transferable tax credit certificate may not be                                                           
     applied under this paragraph to reduce a transferee's total tax