CHAIRMAN JACKO brought HB 211 (MUNICIPAL INVENTORY TAX EXEMPTION:EXPORTS) before the committee and opened the public hearing on the legislation. REPRESENTATIVE CYNTHIA TOOHEY, prime sponsor of HB 211, explained the legislation amends the statute that allows municipalities, at their option, the ability to exempt goods being held for shipment out of state from the inventory property tax. The legislation would allow a local government to explore opportunities for attracting warehousing and distribution of goods. The local government would decide what exemptions to allow and then create its own ordinance to activate and cover the exemptions. Representative Toohey noted the legislation has the support of the Department of Community & Regional Affairs, the Alaska Municipal League, the Municipality of Anchorage, the Southeast Conference, the Association of Alaska ARDORS and the Anchorage and Fairbanks airports. SENATOR HALFORD moved and asked unanimous consent that HB 211 be passed out of committee with individual recommendations. Hearing no objection, it was so ordered. SENATOR HALFORD moved and asked unanimous consent that HB 211 be approved for calendaring at the Chair's discretion. Hearing no objection, it was so ordered.