Bill > HB123

This bill modifies Alaska's laws related to vehicle rental taxes and tax record subpoenas in several key ways. First, it changes the tax rate for passenger vehicle rentals, reducing it from 10% to 9% for vehicles not arranged through a vehicle rental platform. The bill introduces new provisions for vehicle rental platforms, requiring those that arrange more than a certain number of transactions to collect and pay taxes directly to the state's Department of Revenue. It defines a vehicle rental platform as an online or offline system that enables prearrangement of vehicle rentals between non-related vehicle owners and renters. The bill also provides a liability protection for vehicle rental platform companies if they make reasonable efforts to obtain correct information but still receive incorrect details. Additionally, the bill modifies subpoena enforcement rules by removing language about subpoenas from other jurisdictions and simplifying the court's ability to compel compliance. The bill includes a provision that prevents the Department of Revenue from assessing or collecting certain taxes related to vehicle rental platform transactions that were imposed before the effective date. Most provisions of the bill will take effect on July 1, 2025, with some specific sections having different effective dates.

Budget and Finance, Business and Industry

https://www.akleg.gov/basis/Bill/Detail/34?Root=HB123