Legislature(2009 - 2010)SENATE FINANCE 532
04/10/2010 01:00 PM Senate FINANCE
Audio | Topic |
---|---|
Start | |
213 | |
SB222 | |
SB292 | |
SB294 | |
SB300 | |
HB10 | |
SB230 | |
Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
+= | SB 213 | TELECONFERENCED | |
+= | SB 222 | TELECONFERENCED | |
+= | SB 292 | TELECONFERENCED | |
+= | SB 294 | TELECONFERENCED | |
+= | SB 300 | TELECONFERENCED | |
+= | HB 10 | TELECONFERENCED | |
+= | SB 230 | TELECONFERENCED | |
+ | TELECONFERENCED |
CS FOR HOUSE BILL NO. 10(FIN) "An Act authorizing a borough to charge a city for costs of collecting certain taxes; relating to a mandatory exemption from municipal property taxes for residences of certain widows or widowers, and to optional exemptions from municipal property taxes for property of certain fraternal organizations, for certain college property, and for certain residential property; and providing for an effective date." Co-Chair Stedman reported that it was the second hearing on the bill. Senator Egan MOVED to ADOPT Amendment 1: Page 3, lines 10 - 13: Delete all material and insert: "(10) property not exempt under (3) of this subsection that (A) is owned by a private or nonprofit college or university that is accredited by a regional or national accrediting agency recognized by the Council for Higher Education Accreditation or the United States Department of Education, or both; and (B) was subject to a private leasehold, contract, or other private interest on January 1, 2010." Page 5, lines 2 - 5: Delete all material and insert: "(10) property not exempt under (3) of this subsection that (A) is owned by a private or nonprofit college or university that is accredited by a regional or national accrediting agency recognized by the Council for Higher Education Accreditation or the United States Department of Education, or both; and (B) was subject to a private leasehold, contract, or other private interest on January 1, 2010." Page 6, lines 18 - 23: Delete all material and insert: "(10) property not exempt under (3) of this subsection that [(A)] is owned by a private or nonprofit college or university that is accredited by a regional or national accrediting agency recognized by the Council for Higher Education Accreditation or the United States Department of Education, or both, except that a private leasehold, contract, or other interest in the property is taxable to the extent of the private interest [; and (B) WAS SUBJECT TO A PRIVATE LEASEHOLD, CONTRACT, OR OTHER PRIVATE INTEREST ON JANUARY 1, 2010]." Co-Chair Stedman OBJECTED. Senator Egan explained that the amendment tightens up the private university portion of the bill. With the amendment, the bill fixes a problem that exists and makes sure a new lease does not qualify for the exemption. The sponsor, Alaska Pacific University (APU), and the mayor's office have no opposition to the amendment. Senator Olson asked if APU was in favor. Senator Egan said it was. Co-Chair Stedman WITHDREW his OBJECTION to Amendment 1. There being NO OBJECTION, it was so ordered. Co-Chair Stedman noted fiscal notes. 1:21:29 PM Co-Chair Hoffman MOVED to REPORT SCS CSHB 10 out of Committee with individual recommendations and the accompanying fiscal notes. There being NO OBJECTION, it was so ordered. SCS CSHB 10 (FIN) was REPORTED out of Committee with a "do pass" recommendation and with a new zero fiscal note by the Department of Commerce, Community and Economic Development. AT-EASE 1:21:59 PM RECONVENED 6:43:31 PM
Document Name | Date/Time | Subjects |
---|---|---|
HB10 Muni Impact.pdf |
SFIN 4/10/2010 1:00:00 PM |
HB 10 |
SB 300 Amendment 1 Olson SFIN.pdf |
SFIN 4/10/2010 1:00:00 PM |
SB 300 |
SB 213 Proposed CS Version P SFIN.pdf |
SFIN 4/10/2010 1:00:00 PM |
SB 213 |
SB 294 Proposed CS Verson R SFIN.pdf |
SFIN 4/10/2010 1:00:00 PM |
SB 294 |
HB 10 Amendment 1 Egan SFIN.pdf |
SFIN 4/10/2010 1:00:00 PM |
HB 10 |
CSSB 230 FIN Version P 041010.pdf |
SFIN 4/10/2010 1:00:00 PM |
SB 230 |