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0:39

Alexi Painter

45:25 - 46:05

“AB 4359-030 provides the municipalities will directly collect the tax for the portion of the project property that's located in that municipality, weighted again by the capital costs.”
Community
Alaska News
Location
Kenai Peninsula
Captured at

From the transcript

Please proceed, Mr. Painter. So going on to slide 10. So going further in this section, in Section 18, AB 4359-030 provides the municipalities will directly collect the tax for the portion of the project property that's located in that municipality, weighted again by the capital costs. And the next slide will show DOR's projection of what those are. So the state will collect the tax for the unorganized borough, and DOR will adopt regulations to determine how much the state and each municipality may levy by determining that project, the capital project weight.

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