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AK SB192
Bill
AI Summary
- Amends Alaska Statutes 43.55.900(24) to expand the definition of "used in the state" for natural gas tax purposes
- Adds language allowing natural gas delivered as raw material for creating an end product involving chemical transformation of gas or combination of gas with other components to qualify as "used in the state"
- Expands tax treatment to include gas used as feedstock in manufacturing processes, not just fuel consumption
- Applies to natural gas that undergoes chemical transformation or is combined with other components to create a manufactured end product within Alaska
Legislative Description
Tax On Gas For In State Manufacturing
Oil & Gas
Last Action
FIN REFERRAL ADDED AFTER RES
1/20/2010
Committee Referrals
Energy4/15/2009
Full Bill Text
No bill text available