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AK HB4006
Bill
AI Summary
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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.
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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%.
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Increases fishery resource landing tax rates from 3% to 4% for non-developing commercial fish species, while maintaining 1% for developing commercial fish species.
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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.
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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