1983-19 Reaffirming Support To Exempt Business Inventories From Personal Property Taxes.1
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KODIAK ISLAND BOROUGH
RESOLUTION NO. 83 -19 -R
A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY REAFFIRMING
SUPPORT TO EXEMPT BUSINESS INVENTORIES FROM PERSONAL PROPERTY TAXES.
WHEREAS, it is the intent of the Kodiak Island Borough Assembly to
to allow the exemption of business inventories fran personal property taxation
through the initiation of legislation to amend Alaska Statute 29, Chapter 53,
Municipal Assessment and Taxation, and
WHEREAS, Senate Bill No. 53 introduced in the legislature of the
State of Alaska, Thirteen Legislature, First Session, is a bill entitled
"An Act Authorizing Municipalities to Exempt Business Inventories from Taxation;
and Providing for an Effective Date. ", and
WHEREAS, the Kodiak Island Borough did by Resolution No. 82 -1 -R
pass a resolution seeking to change municipal assessment and taxation thereby
exemtping all business inventories, and
WHEREAS, the Kodiak Retailers Association has requested the Borough
to initiate through legislation by local representatives the exemption of all
caanercial and business inventories.
NOW, THEREFORE, BE IT RESOLVED by the Kodiak Island Borough Assembly
that they again reaffirm their support to exempt business inventories from
personal property taxes.
BE IT FURTHER RESOLVED that the Assembly does hereby express its
support for Senate Bill No. 53 introduced by Senators Mulcahy and Kelly and
further request that a companion House Bill be introduced thereby exempting
business inventories fran taxation.
PASSED AND APPROVED this 3rd day of February , 1983
by the Borough Assembly.
ATTEST:
By
Borough C1� c
KODIAK ISLAN _BOROUGH