AK SB44

Amends AS 43.05.230(a) to clarify exceptions to tax return confidentiality, referencing AS 43.55.030(g) and 43.55.890 for information disclosure.

Requires the Department of Revenue to publicly disclose by April 30 each year the names of persons issued or from whom tax credit certificates were purchased under AS 43.55.028, along with aggregate amounts issued and purchased.

Mandates oil and gas producers file detailed statements by March 31 each year describing expenditures claimed as tax credits under AS 43.55.023 or 43.55.025, including descriptions of the expenditure purpose and the applicable lease or property.

Requires explorers and producers who incur lease expenditures but do not produce oil or gas to file similar detailed statements by March 31 describing all expenditures claimed as tax credits.

Directs the Department of Revenue to annually report submitted expenditure information to the legislature within 10 days after the convening of each regular legislative session and takes effect July 1, 2017.