AK HB344

Extends the deadline for claiming the salmon product development tax credit from December 31, 2011 to December 31, 2015 for property first placed into service.

Adds ice making machines to the definition of qualifying property eligible for the tax credit when used in salmon processing operations.

Clarifies that conveyors used specifically in producing value-added salmon products qualify as eligible property for the credit.

Delays the effective date of the underlying salmon tax credit statute from January 1, 2015 to January 1, 2019, or until a final court judgment determines the statute violates the Commerce Clause of the U.S. Constitution.