JUNEAU — A House fisheries committee has advanced a rewrite of Gov. Bill Walker's fisheries tax bill, diverting half of the potential revenue into a seafood marketing fund.
The bill, one of six proposed taxes on industry from Walker, could raise an additional $18 million in revenue by adding a one percent tax increase to portions of the commercial fishing industry.
The new language gives the legislature the option to appropriate the marketing fund to the Alaska Seafood Marketing Institute.
To read the rest of the story, please go to: Associated Press