Legislature(2001 - 2002)
02/21/2002 08:08 AM House CRA
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* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
HB 358-EXEMPTION FROM PROPERTY TAX: TIMBER CO-CHAIR MORGAN announced that the first order of business would be HOUSE BILL NO. 358, "An Act relating to an optional exemption from municipal property taxes for certain land from which timber is harvested and for certain improvements used in or necessary to the harvest of timber." CO-CHAIR MORGAN noted that there is a committee substitute [CS] that incorporates the amendments adopted at the prior hearing. Number 0078 REPRESENTATIVE SCALZI moved to adopt CSHB 358 [Version 22- LS1250\C] as the working document. There being no objection, CSHB 358, Version C, was before the committee. REPRESENTATIVE SCALZI explained that currently Native corporations are exempt from [municipal] property taxes. However, if there are timber sales from Native land, the aforementioned exemption would be eliminated. If the change [incorporated in the CS] doesn't pass, the [Native] lands will fall under a new tax jurisdiction and a disincentive to harvesting the [infested] timber will be created. He emphasized the need to allow the emergency fire timber sales to take place. The change [incorporated in the CS] would allow the taxes to be deferred. He noted that [this tax deferment] is a local option. REPRESENTATIVE MIKE CHENAULT, Alaska State Legislature, speaking as the sponsor, announced that he was agreeable to the changes. Number 0303 REPRESENTATIVE GUESS moved to report CSHB 358 out of committee with individual recommendations and the accompanying zero fiscal note. There being no objection, CSHB 358(CRA) was reported from the House Community and Regional Affairs Standing Committee. The committee took a brief at-ease from 8:14 a.m. to 8:16 a.m.
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