Alaska Administrative Code
Title 15 - Revenue
Chapter 116 - Common Property Fishery Assessment and Seafood Marketing Assessment
Article 5 - Seafood Marketing Assessment on Processors
15 AAC 116.670 - Processors eligible for elections
Universal Citation: 15 AK Admin Code 15 AAC 116.670
Current through August 30, 2024
(a) For purposes of participating in an election to approve or terminate an assessment under AS 16.51 and this chapter, only those processors whose total value paid for seafood products during the previous calendar year exceeds $50,000 are eligible to
(1) vote on whether to approve or
terminate an assessment under
AS
16.51.140; and
(2) petition and vote on whether to terminate
the assessment under
AS
16.51.130.
(b) For purposes of determining, under AS 16.51.120, 51 percent of the value paid by processors, "value" means the total value reported in returns filed under AS 43.75 for the calendar year preceding the year of election.
Authority:AS 16.51.120
AS 16.51.130
AS 16.51.140
AS 43.05.080
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