HB115 — An Act bearing the short title of the 'Education Funding Act'; relating to the taxation of income of individuals, partners, shareholders in S corporations, trusts, and estates; relating to a payment against the individual income tax from the permanent fund dividend disbursement; and repealing tax credits applied against the tax on individuals under the Alaska Net Income Tax Act.

HB115 — An Act bearing the short title of the 'Education Funding Act'; relating to the taxation of income of individuals, partners, shareholders in S corporations, trusts, and estates; relating to a payment against the individual income tax from the permanent fund dividend disbursement; and repealing tax credits applied against the tax on individuals under the Alaska Net Income Tax Act. · Informed CitizenryThe Education Funding Act amends the uncodified law of Alaska by adding a new section and establishing the short title 'Education Funding Act.' It also adds a new chapter (Chapter 22) to AS 43 conc…Open in Informed Citizenry