AlaskaBill would repeal a section tied to pass-through entity taxes
If passed, the bill would repeal a section tied to pass-through entity income taxes, with the repeal scheduled for January 1, 2028.
What it does
The bill would repeal a section that its title links to income taxes on pass-through entities. The repeal is scheduled for January 1, 2028.
Argument forIf this section imposes pass-through entity income taxes, repealing it could reduce the taxes those businesses owe.
Argument againstIf other rules do not replace this section, repealing a provision tied to pass-through taxes could make the rules harder for affected businesses to follow.
More detail
The bill would repeal Alaska Statute 43.20.019. The bill title says the section relates to income taxes on pass-through entities. The repeal would take effect January 1, 2028.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jun 20(S) REFERRED TO FINANCELatest
- Jun 20(S) GOVERNOR'S TRANSMITTAL LETTER
- Jun 20(S) FN1: INDETERMINATE(REV)
- Jun 20(S) FIN
- Jun 20(S) READ THE FIRST TIME - REFERRALSIntroduced
Taxes & Budget