Legislature(2025 - 2026)BUTROVICH 205
04/11/2025 03:30 PM Senate RESOURCES
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| Audio | Topic |
|---|---|
| Start | |
| SB114 | |
| SB130 | |
| SB135 | |
| Confirmation Hearing(s): Big Game Commercial Services Board | |
| SB128 | |
| SB139 | |
| SJR19 | |
| Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
| + | TELECONFERENCED | ||
| += | SB 128 | TELECONFERENCED | |
| *+ | SB 139 | TELECONFERENCED | |
| *+ | SJR 19 | TELECONFERENCED | |
| += | SB 114 | TELECONFERENCED | |
| += | SB 130 | TELECONFERENCED | |
| += | SB 135 | TELECONFERENCED | |
SB 130-FISHERIES PROD DEVELOPMENT TAX CREDIT
3:34:05 PM
CHAIR GIESSEL announced the consideration of SENATE BILL NO. 130
"An Act relating to the fisheries product development tax
credit; providing for an effective date by amending the
effective date of sec. 2, ch. 31, SLA 2022; and providing for an
effective date."
CHAIR GIESSEL asked Senator Wielechowski if he would like to
offer amendment A.1.
3:34:40 PM
SENATOR WIELECHOWSKI said not at this time.
3:35:02 PM
CHAIR GIESSEL solicited a motion.
3:35:05 PM
SENATOR WIELECHOWSKI moved to adopt [Amendment 1], work order
34-LS0735\A.2.
34-LS0735\A.2
Gunther/Bullard
4/10/25
AMENDMENT 1
OFFERED IN THE SENATE BY SENATOR WIELECHOWSKI
TO: SB 130
Page 1, following line 4:
Insert a new bill section to read:
"* Section 1. AS 43.05.230(m) is amended to read:
(m) The number of recipients and the total
amount of tax credits claimed for each species [TYPE]
of eligible fish under AS 43.75.037 is public
information. In this subsection, "eligible fish" has
the meaning given in AS 43.75.037(k)."
Page 1, line 5:
Delete "Section 1"
Insert "Sec. 2"
Renumber the following bill sections accordingly.
Page 2, following line 8:
Insert a new bill section to read:
"* Sec. 4. AS 43.75.037(j) is amended to read:
(j) To claim a credit under this section, a
taxpayer shall agree that the department may make
public the number of recipients and the total amount
of tax credits claimed for each species [TYPE] of
eligible fish. Notwithstanding any contrary provision
in AS 40.25.100 or AS 43.05.230, the number of
recipients and the total amount of tax credits claimed
for each species [TYPE] of eligible fish is public
information."
Renumber the following bill sections accordingly.
3:35:08 PM
CHAIR GIESSEL objected for purposes of discussion.
3:35:13 PM
SENATOR WIELECHOWSKI explained that Amendment 1 clarifies that
businesses must report the number of recipients and the amount
of tax credit for each species of fish and shellfish. This would
ensure that the Legislative Finance Division has the data needed
to evaluate the tax credit. He explained that Legislative
Finance previously evaluated the tax credit (2021) and found
that it was effective for salmon; however, the data for herring
was insufficient. The legislature added a disclosure of data
requirement in 2022 that included each type of fish. SB 130
expands the tax credit to any species of fish or shellfish. He
surmised that recipients may interpret the tax credit data
requirement to mean an aggregate of the various fish and
shellfish (rather than reporting for individual species). He
reiterated that Amendment 1 would clarify that the reporting
requirement must be provided for each species.
3:36:23 PM
At ease.
3:36:30 PM
CHAIR GIESSEL reconvened the meeting and invited comments on
[Amendment 1].
3:36:46 PM
TIM LAMKIN, Staff, Senator Gary Stevens, Alaska State
Legislature, Juneau, Alaska, expressed appreciation for and
indicated support of [Amendment 1].
3:36:59 PM
CHAIR GIESSEL removed her objection; she found no further
objection and [Amendment 1] was adopted.
3:37:06 PM
CHAIR GIESSEL noted that public testimony on SB 130 was
previously held open. She found no further public testimony.
3:37:36 PM
CHAIR GIESSEL closed public testimony on SB 130.
3:37:38 PM
CHAIR GIESSEL solicited the will of the committee.
3:37:41 PM
SENATOR WIELECHOWSKI moved to report SB 130, work order 34-
LS0735\A, as amended, from committee with individual
recommendations and attached fiscal note(s). He gave
authorization for Legislative Legal Services to make technical
and conforming changes.
3:37:56 PM
CHAIR GIESSEL found no objection and CSSB 130(RES) was reported
from the Senate Resources Standing Committee.