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AK HB4006

Bill

Status

Introduced

5/27/2016

Primary Sponsor

Unknown

Origin

House of Representatives

29th Legislature

AI Summary

  • Removes minimum ($30) and maximum ($3,000) restrictions on annual base fees for fishery entry permits and interim-use permits, allowing the commission to set fees based on different rates of economic return for different fisheries.

  • Increases fisheries business tax rates: canned salmon from 4% to 5.5%, other shore-based salmon and resources from 3% to 4%, floating fisheries business resources from 5% to 6%, and direct marketing businesses from 3% to 4%.

  • Increases fishery resource landing tax rates from 3% to 4% for non-developing commercial fish species, while maintaining 1% for developing commercial fish species.

  • Clarifies that local government refunds of fisheries taxes exclude the 1% deposited in the general fund, and removes requirement that tax returns be submitted to Juneau.

  • Takes effect July 1, 2016, except Section 1 (permit fees) takes effect January 1, 2017.

Legislative Description

Fisheries: Taxes; Permits

Licensing

Last Action

FIFTH SPECIAL SESSION BILL - WITH PASSAGE OF SCR 501

7/11/2016

Committee Referrals

Finance5/27/2016

Full Bill Text

No bill text available