AK SB176

Removes the exemption for sand and gravel mining from the three and one-half year tax exemption period granted to new mining operations under AS 43.65.010(a)

Excludes marketable earth, quarry rock, and sand and gravel from the definition of "mining" under AS 43.65.060(2), meaning these operations are not subject to the mining license tax

Makes the amendments retroactive to January 1, 2012

Takes effect immediately upon enactment