Section 43.77.050. Separate accounting.

   (a)   [Repealed, Sec. 28 ch 81 SLA 1996]. 
   (b) The tax collected under this chapter shall be paid into a separate account in the general fund. The annual balance in the account may be appropriated by the legislature for revenue sharing under AS 43.77.060. The amount of all tax credits approved by the commissioner under AS 43.77.040(b) shall be deducted from amounts paid to municipalities under AS 43.77.060(a) - (c).

Authorities

43.77.015;43.77.060

Notes

Recent Bills that will modify this

HB 251 ELECTRONIC TAX RETURNS & FISHERIES TAXES

Implemented As

15 AAC 77.065

References

AS 43.77.015 Obligations and payments under fishery cooperative contracts.
AS 43.77.060 Revenue sharing.

History

(Sec. 1 ch 67 SLA 1993; am Sec. 24, 28 ch 81 SLA 1996)