12-05-03: Majority Makes Committee Changes
Makes Room For Sen. Bert Stedman

SB 62 : AK Regional Economic Assistance Program
House Companion HB79 Signed into Law!
Sponsored by the Sen. Community & Regional Affairs Committee

An Act extending the termination date of the Alaska regional economic assistance program; and providing for an effective date.

02-26-03 : Senate Bill 62 passed out of the Senate Community and Regional Affairs committee on Wednesday. Sponsored by the Senate Community and Regional Affairs committee SB 62 would extend the termination date of the Alaska regional economic assistance program. SB 62 moves next to the Senate Finance committee.

| Sponsor Statement |
| Sectional Analysis |

SB 63 : Municipal Annexations And Detachments
Signed Into Law! Chapter 12 SLA 04
Sponsored by the Sen. Community & Regional Affairs Committee

An Act relating to municipal property taxation in annexed and detached areas; and providing for an effective date.

Version: HCS CS SB 63 (CRA)
Contact: Chris Knight, 465-2689
Action: 04-08-04: Signed into law

The Governor signed SB 63 into law April 8 with an effective date of July 5, 2004. It proposes new statutory language to clarify when a municipality may tax an area that was annexed. It also clarifies the question of property taxes in a detached area.

| Sponsor Statement |
| Sectional Analysis |

SB 136 : Municipal Property Tax Exemptions
Passed Legislature! Await Transmit to Gov.
Sponsored by the Sen. Community & Regional Affairs Committee

An Act relating to a mandatory property tax exemption for certain private property interests on military bases or installations; relating to an optional exclusion or exemption from municipal taxation for residential property; relating to an exemption from and deferral of municipal property taxes on certain types of deteriorated property; and providing for an effective date.

Version: CS SB 136 (FIN) Am
Contact: Mary Jackson, 465-4937
Action: 05-05-04: House

SB 136 unanimously passed the House May 5. It clarifies the authority of a municipality regarding application of property tax exemptions for service areas. Increases the property tax exemption for residential properties from $10,000 to $20,000. Extends the time provided for deteriorated property to file for exemptions from five to ten years. Adds the terms "demolition, removal" to the deteriorated property exemption statute. Exempts certain private property interests on military bases or installations when they have agreements or payment in lieu of taxes.

| Sponsor Statement |
| Sectional Analysis |
| Fact Sheet | [PDF - 1 Page - 30 KB]