Bill Summary – FastDemocracy

State of Alaska
                                                        Fiscal Note
                                                                                         Bill Version:                   CSHB 411(CRA)
 2022 Legislative Session
                                                                                         Fiscal Note Number:             1
                                                                                         (H) Publish Date:               4/20/2022
 Identifier:        HB411-DCCED-DCRA-04-05-22                             Department:        Department of Commerce, Community and
 Title:             MUNICIPAL TAX EXEMPTIONS/DEFERRALS                                       Economic Development
 Sponsor:           COMMUNITY & REGIONAL AFFAIRS                          Appropriation: Community and Regional Affairs
 Requester: House Community & Regional Affairs                            Allocation:        Community and Regional Affairs
                                                                          OMB Component Number:                 2879
 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           0.0                 0.0             0.0               0.0              0.0              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:
 Not applicable, initial version.
 Prepared By:             Sandra Moller, Director                                                               Phone:       (907)269-4569
 Division:                Community and Regional Affairs                                                        Date:        04/05/2022
 Approved By:             Micaela Fowler, Administrative Services Director                                      Date:        04/05/22
 Agency:                  Department of Commerce, Community, and Economic Development
Printed 4/19/2022                                                  Page 1 of 2                                                        Control Code: gMdcI
                                                                                                       CSHB 411(CRA) - Fiscal Note 1
                                                 FISCAL NOTE ANALYSIS
STATE OF ALASKA                                                                  BILL NO. HB 411
2022 LEGISLATIVE SESSION
Analysis
   HB411 amends AS 29.45.050 (m) to allow the exemption of special service area taxes and adds a caveat that the board of a
   special service area may object to an exemption of special service area taxes.
   Special service areas are subsets of a municipality that provide a service and may charge a property tax only on property
   within that service area to pay for the service.
   The Division of Community and Regional Affairs does not anticipate fiscal impact from this legislation.
(Revised 11/23/2021 OMB/LFD)                                                                                      Page 2 of 2
HB411-DCCED-DCRA-04-05-22                                      Page 2 of 2                                             Control Code: gMdcI
Statutes affected: 
HB0411A, AM HB 411, introduced 04/04/2022: 29.45.050
HB0411B, AM CSHB 411(CRA), introduced 04/20/2022, passed House 04/29/2022: 29.35.110, 29.45.050, 14.17.410, 29.35.460, U.S.C, 29.71.800
HB0411C, AM SCS CSHB 411(CRA), introduced 05/10/2022: 29.35.110, 29.45.050, 14.17.410, 29.35.460, U.S.C, 29.71.800
HB0411D, AM SCS CSHB 411(CRA) AM S, introduced 05/16/2022: 29.35.110, 29.45.050, 14.17.410, 29.35.460, U.S.C, 29.71.800
HB0411Z, AM Enrolled HB 411, introduced 05/17/2022: 29.35.110, 29.45.050, 14.17.410, 29.35.460, U.S.C, 29.71.800
HB0411B, AM CSHB 411(CRA), introduced 04/20/2022: 29.35.110, 29.45.050, 14.17.410, 29.35.460, U.S.C, 29.71.800