State of Alaska
Fiscal Note
Bill Version: CSHB 64(FSH)
2022 Legislative Session
Fiscal Note Number: 5
(H) Publish Date: 3/2/2022
Identifier: HB064CS(FSH)-DOR-TAX-1-28-22 Department: Department of Revenue
Title: FISHERY DEVELOPMENT ASSOC.; Appropriation: Taxation and Treasury
ASSESSMENTS Allocation: Tax Division
Sponsor: STUTES OMB Component Number: 2476
Requester: (H) Finance
Expenditures/Revenues
Note: Amounts do not include inflation unless otherwise noted below. (Thousands of Dollars)
Included in
FY2023 Governor's
Appropriation FY2023 Out-Year Cost Estimates
Requested Request
OPERATING EXPENDITURES FY 2023 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027 FY 2028
Personal Services
Travel
Services
Commodities
Capital Outlay
Grants & Benefits
Miscellaneous
Total Operating 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Fund Source (Operating Only)
None
Total 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Positions
Full-time
Part-time
Temporary
Change in Revenues
None *** *** *** *** *** ***
Total *** 0.0 *** *** *** *** ***
Estimated SUPPLEMENTAL (FY2022) cost: 0.0 (separate supplemental appropriation required)
Estimated CAPITAL (FY2023) cost: 0.0 (separate capital appropriation required)
Does the bill create or modify a new fund or account? No
(Supplemental/Capital/New Fund - discuss reasons and fund source(s) in analysis section)
ASSOCIATED REGULATIONS
Does the bill direct, or will the bill result in, regulation changes adopted by your agency? No
If yes, by what date are the regulations to be adopted, amended or repealed? N/A
Why this fiscal note differs from previous version/comments:
Updated for SLA2022 fiscal note template.
Prepared By: Nicole Reynolds, Deputy Director and Dan Stickel, Chief Economist Phone: (907)269-6736
Division: Tax Division Date: 01/28/2022 04:30 PM
Approved By: Eric DeMoulin, Administrative Services Director Date:
OUT OF
01/28/22
Agency: Department of Revenue REPORTED
Printed 3/1/2022 Page 1 of 2 HFC 02/28/2 022
Control Code: wrQdZ
 CSHB 64(FSH) - Fiscal Note 5
FISCAL NOTE ANALYSIS
STATE OF ALASKA BILL NO. CSHB 64
2022 LEGISLATIVE SESSION
Analysis
Background
This bill would add a sixth program to the Alaska Department of Revenue, Tax Division's (Department) roster of seafood
assessment and tax programs, to be managed similarly to the other five programs. This bill provides for the creation and
termination of new regional fisheries development associations for the purpose of developing commercial fishery
resources. This bill also establishes a framework to create or terminate developing fishery management assessments to
fund the associations. The rates for these assessments will be determined by a vote of the appropriate association. The
association will also vote on what resources are subject to the assessment.
Revenue generated by the new fishery development assessments would be collected by the Department and deposited
into the state treasury and accounted for separately. Program receipts are tracked using fund code 1261 shared taxes
(DGF). The revenue is treated as restricted in that it is intended to be appropriated to the Department of Fish and Game
for funding of the qualified regional fishery development association in the developing fishery area in which the
assessment was collected. Appropriations from the account are not made from Unrestricted General Funds.
Revenue Impact
The revenue impact of this bill cannot be determined at this time.
Revenue generation is dependent on the creation of developing fishery associations and related assessments, the rate of
the assessment, the resources subject to the assessment, and the success of the fishery producing those resources. All
revenue would be considered Other Restricted in that it would be intended for appropriation back to the relevant
development associations.
Implementation Cost
This bill would not require the Department to make material changes to its Tax Revenue Management System (TRMS).
Therefore, there would be no cost to the Department for implementation. After the implementation of the changes, this
bill would cause a small additional administrative burden on the Department.
Resources required to implement this bill would include staff time to collect and administer the new assessment and to
update Revenue Online for the common property reporting, and other miscellaneous costs when applicable. These costs
will be absorbed by the Tax Division using existing resources.
(Revised 11/23/2021 OMB/LFD) Page 2 of 2
HB064CS(FSH)-DOR-TAX-1-28-22 Page 2 of 2 Control Code: wrQdZ


Statutes affected:
HB0064A, AM HB 64, introduced 02/18/2021: 16.43.100, 16.43.210, 16.43.020, 37.05.146, 43.76.150, 43.76.220, 43.76.281, 43.76.300, 43.76.283, 16.40.255
HB0064B, AM CSHB 64(FSH), introduced 04/21/2021: 16.43.100, 16.43.210, 16.43.020, 37.05.146, 43.76.150, 43.76.220, 43.76.281, 43.76.300, 43.76.283, 16.40.255
HB0064A, AM HB 64, introduced 01/15/2021: 16.43.100, 16.43.210, 16.43.020, 37.05.146, 43.76.150, 43.76.220, 43.76.281, 43.76.300, 43.76.283, 16.40.255