AS 29.45.090 and AS 29.45.110 deal with the manner in which property, both real and personal, is assessed and taxed. House Bill 217 eliminates the requirement that municipalities assess and tax all property in the same manner. HB 217 adds a subsection to AS 29.45.110 that permits municipalities to classify property based on use and to apply different rates of taxation, assessment standards, or exemptions for different classes of property. This bill recognizes that because of their diversity, Alaska's communities operate most efficiently when each can control its municipal functions as much as possible.
Taxation is a municipal function.
HB 217 simply allows municipalities to exercise self-governance and local control over the manner in which property within their jurisdictions is assessed and taxed. Ken Erickson Bud Curtis Snap Poll Non-profit organizations that engage in political activities are the only organizations not required to disclose their sources of income.