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AK SB175

Bill

Status

Introduced

4/15/2025

Primary Sponsor

Robert Yundt

Click for details

Origin

Senate

34th Legislature

AI Summary

  • Corporations primarily operating in Port MacKenzie would be exempt from Alaska's net corporate income tax under AS 43.20.012

  • Tax exemption takes effect immediately upon passage

  • Exemption automatically expires on July 1, 2035, creating a 10-year tax incentive window

  • Introduced by Senator Yundt on April 15, 2025 and referred to Labor and Commerce, then Finance committees

Legislative Description

Tax Exemption: Port Mackenzie Corps

Taxation

Last Action

REFERRED TO LABOR & COMMERCE

4/15/2025

Committee Referrals

Labor & Commerce4/15/2025

Full Bill Text

No bill text available