The Seal of the State of Alaska
  Help    

   
Alaska State Legislature
    Home  |  News  |  Legislators  |  Committees  |  Bills  |  Surveys  |  Archives  |  AchievementsAlaska State Legislature
Alaska State Legislature
Alaska State Legislature
Alaska State Legislature
Alaska State Legislature

Advanced Search
Alaska State Legislature
· Suggest A Link  
Alaska State Legislature
Alaska State Legislature
Alaska State Legislature
· Contact Staff  
· Biography  
· Committee Memberships  
· Joint Salmon Industry Task Force  
· Press Releases  
· Audio Clips  
· Opinion-Editorial  
· Past Press Releases  
· Personal Legislation  
· Co-Sponsored Legislation  
· Past Legislation  
· District Information  
· 24th Legislature  
· 23rd Legislature  
· 22nd Legislature  
Alaska State Legislature
Alaska State Legislature

Alaska State Legislature
Alaska State Legislature
23rd Alaska State Legislature
The 23rd Alaska State Legislature
Alaska State Senator Ben Stevens Information

Click image for large 5'' x 7'' portrait
Session:
State Capitol, Room
Juneau, AK 99801-1182
Phone: (907)
Fax: (907) 465-3872
Toll Free: (800) 465-4993
Send Email
Send Public Opinion Message
Subscribe to Newsletter - Privacy Policy

Interim:
716 W. 4th Avenue, Suite 510
Anchorage, AK 99501
Phone: (907) 269-0200
Fax: (907) 269-0204

Salmon Enhancement Tax
Sponsor Statement for SB 322
Alaska State Legislature
Alaska State Legislature
Attachments Attachments
 
Last Updated:
February 23, 2004
Cheryl Sutton
465-2705 (Jan-May)
283-9170 (Jun-Dec)




"Fishermen would like the opportunity to raise their tax rate to avoid increased cost-recovery harvests."
- Sen. Stevens

 

"An Act relating to the rate of the salmon enhancement tax."

Senate Bill 322 modifies AS 43.76 by adding additional tax rates of 30, 20, 15, 10, 9, 8, 7, 6, 5, and 4 percent to the salmon enhancement tax.

Under current law, commercial salmon interim-use and entry permit holders organized under Regional Aquaculture Associations (AS 16.10.380) may vote to tax themselves at the rate of one, two or three percent of the value of their harvest. These monies are collected by the Department of Revenue and deposited in the general fund. The legislature may make appropriations based on this deposit to the Department of Community and Economic Development for the purpose of providing financing for qualified regional aquaculture associations.

The decline in the value of salmon due to changing market dynamics has led to increased costs for regional aquaculture associations. In order to meet their continuing costs, many have increased the amount of fish harvested for "cost-recovery." Fishermen would like the opportunity to raise their tax rate to avoid increased cost-recovery harvests.

Qualified regional aquaculture associations are permitted in statute (AS 43.76.015) to conduct an election to approve or terminate a salmon enhancement tax. The statute requires approval by a majority vote of the eligible interim-use permit and entry permit holders voting in an election.

Senate Bill 322 provides some flexibility for regional aquaculture associations to organize their operations and respond to the changing conditions in the salmon industry.

# # #

 
Attachments:
 
·
Print Text Version
· Acrobat PDF Version
Requires Adobe Acrobat PDF Reader = 1 page
30 KB
 

Sign Up For E-News!

Unsubscribe  Privacy
Alaska State Legislature
· 25th Legislature Info
House Majority
House Minority
Senate Majority
Senate Minority
BASIS
 
· 24th Leg. Special Session Info  
· Oil & Gas Production Tax Information  
· Keyword Search  
· Legislator Districts  
· Photo Table  
· Passed Legislation  
· Past Legislatures  
· More Web Tools  
· Majority Press Staff  
· Information Offices  
Requires Real Audio Player = Adobe PDF Reader  
Requires Real Audio Player = Real Audio Player  
Requires Real Audio Player = MP3 Audio Player  
Alaska State Legislature
Alaska State Legislature
Alaska State Legislature

1 Viewer(s)

Total at this time.
Alaska State Legislature
Alaska State Legislature
   
Alaska State Legislature
Home  |  News  |  Legislators  |  Committees  |  Bills  |  Surveys  |  Archives  |  E-News  |  HelpAlaska State Legislature
Alaska State Legislature
The Official Web Site of the House and Senate Legislative Majorities
for the Alaska State Legislature

To Report Technical Problems or Contact Webmasterse-mail address list