AK HB373

Establishes a 2% state sales and use tax on property and services delivered in Alaska, effective July 1, 2022, with a combined state and local tax cap of 8%.

Sellers without physical presence in Alaska must collect and remit sales tax if they exceed $100,000 in annual revenue or make 200+ sales to Alaska customers in the previous or current calendar year.

Requires vehicle registration applicants to pay sales or use tax under AS 43.44.010 before receiving certificates of registration.

Authorizes the Department of Revenue to enter into the Streamlined Sales and Use Tax Agreement with other states to establish standards for tax administration and certified service providers.

Includes numerous exemptions for food for human consumption, health care services, child care, feminine hygiene products, heating oil, and transactions involving the federal government, state instrumentalities, and nonprofit organizations.