{"data":{"id":"us-ak/as-43.55.895","jurisdiction":"us-ak","citation":"AS 43.55.895","heading":"Applicability to municipal entities.","body":"(a) Notwithstanding AS 29.35.670(a) or other provision of law, a producer that is a municipal entity is subject to taxation and payment of surcharges under this chapter for oil and gas that it sells to another party.\n(b) A municipal entity subject to taxation because of this section\n(1) is eligible for tax credits proportionate to its production taxable under AS 43.55.011(e); and\n(2) shall allocate its lease expenditures in proportion to its production taxable under AS 43.55.011(e).\n(c) In this section, “municipal entity” means a municipality, municipally owned utility, public corporation of a municipality, or entity established by more than one municipality.","path":["Title 43. Revenue and Taxation.","Chapter 55. Oil and Gas Production Tax and Oil Surcharge.","Article 4. General Provisions."],"source_url":"https://www.akleg.gov/basis/statutes.asp#43.55.895","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:19:28Z","sha256":"1a4971fbc423ebb2d6876df54df9147f9b1a9d1368fe1168026d94787857ecf5","source_id":"us-ak","stale":false,"prev":"us-ak/as-43.55.890","next":"us-ak/as-43.55.900"},"notice":"GroundRules: Original legal text. Not legal advice."}