SB  49 SERVICE OF PROCESS ON NONRES TAXPAYERS                        
                                                                              
  CHAIRMAN TAYLOR  noted no one was present to testify for SB 49               
 therefore he summarized Commissioner Condon's letter to the                   
 committee as follows.  SB 49 is a housekeeping measure that                   
 discontinues the requirement for non-resident taxpayers to post a             
 tax bond as this requirement is no longer necessary.  Corporations            
 tend to maintain permanent offices in Alaska and honor their tax              
 liabilities due to SEC regulations, licensing requirements and                
 audit procedures.  The Department of Labor has its own bonding                
 requirements, and fish processors, the most volatile taxpayers, are           
 required to provide a specific surety bond under AS 44.25.040.  In            
 addition to repealing the statute, six pages of regulations would             
 be rescinded, which Chair Taylor thought was a meritorious reason             
 to take up the legislation.                                                   
                                                                               
  SENATOR PEARCE  asked if SB 49 has any further committee referrals.          
  CHAIRMAN TAYLOR  said the bill was already heard by the Senate Labor         
 and Commerce Committee, and has no further referrals.                         
                                                                               
  SENATOR MILLER    moved SB 49 from committee with individual                 
 recommendations.  There being no objection, the motion carried.