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Bill > SB164


AK SB164

AK SB164
Eliminate Tax Discounts


summary

Introduced
04/09/2025
In Committee
04/01/2026
Crossed Over
03/31/2026
Passed
Dead

Introduced Session

34th Legislature

Bill Summary

An Act eliminating deductions for the remittance of the motor fuel tax, tobacco taxes, and tire fees; relating to discounts on cigarette stamps; and providing for an effective date.

AI Summary

This bill eliminates certain tax discounts previously allowed to businesses, specifically impacting the remittance of motor fuel taxes, tobacco taxes, and tire fees. Previously, dealers and users of motor fuel could deduct a small percentage, capped at $100 monthly, to cover administrative costs of filing their returns. Similarly, licensees remitting tobacco taxes were allowed to retain a portion of the tax due for accounting and filing expenses. Furthermore, discounts previously offered on the purchase of cigarette stamps, which served as compensation for affixing them to packages, are being removed. The bill also repeals provisions related to these discounts and sets an effective date of July 1, 2026.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

House Labor & Commerce Hearing (15:15:00 5/1/2026 Barnes 124) (on 05/01/2026)

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