Section 43.75.130 - [Effective 1/1/2029] Refund to local governments(a) Except as provided in (d) of this section, the commissioner shall pay (1) to each unified municipality and to each city located in the unorganized borough, 50 percent of the amount of tax revenue collected in the municipality from taxes levied under this chapter;(2) to each city located within a borough, 25 percent of the amount of tax revenue collected in the city from taxes levied under this chapter; and(3) to each borough (A) 50 percent of the amount of tax revenue collected in the area of the borough outside cities from taxes levied under this chapter; and(B) 25 percent of the amount of tax revenue collected in cities located within the borough from taxes levied under this chapter.(b) [Repealed by 2014 amendment.](c)[Repealed, Sec. 7 ch 79 SLA 1986].(d) Notwithstanding the provisions of (a)(2) and (a)(3)(B) of this section, the commissioner shall pay(1) to each city that is located in a borough incorporated after June 16, 1987 the following percentages of the tax revenue collected in the city from taxes levied under this chapter: (A) 45 percent of the taxes collected during the calendar year in which the borough is incorporated;(B) 40 percent of the taxes collected during the first calendar year after the calendar year in which the borough is incorporated;(C) 35 percent of the taxes collected during the second calendar year after the calendar year in which the borough is incorporated; and(D) 30 percent of the taxes collected during the third calendar year after the calendar year in which the borough is incorporated; and(2) to each borough that is incorporated after June 16, 1987 the following percentages of the tax revenue collected in the cities located within the borough from taxes levied under this chapter:(A) 5 percent of the taxes collected during the calendar year in which the borough is incorporated;(B) 10 percent of the taxes collected during the first calendar year after the calendar year in which the borough is incorporated;(C) 15 percent of the taxes collected during the second calendar year after the calendar year in which the borough is incorporated; and(D) 20 percent of the taxes collected during the third calendar year after the calendar year in which the borough is incorporated.(e) Notwithstanding the provisions of (d) of this section, a city may adopt an ordinance to transfer a portion of the funds received under (d)(1) of this section to the borough in which the city is located.(f) [Repealed by 2014 amendment.].(g) [Repealed by 2014 amendment.](h) [Repealed by 2022 amendment.] Amended by SLA 2024, ch. 15,sec. 50, eff. 7/22/2024.Amended by SLA 2024, ch. 4,sec. 30, eff. 6/27/2024.Amended by SLA 2022, ch. 31,sec. 5, eff. 7/7/2022.Amended by SLA 2018, ch. 101,sec. 40, eff. 9/5/2018.Amended by SLA 2015, ch. 35, sec.9, eff. 7/1/2015.Amended by SLA 2015, ch. 35,sec.2 eff. 12/31/2016.Amended by SLA 2015, ch. 35, sec.1, eff. 7/1/2015.Amended by SLA 2015, ch. 35,sec.2 eff. 12/31/2016.Amended by SLA 2014, ch. 61,sec.22, eff. 12/31/2020.Amended by SLA 2014, ch. 61,sec.21, eff. 1/1/2025.Amended by SLA 2014, ch. 61,sec. 20, eff. 12/31/2016.Amended by SLA 2014, ch. 61,sec. 15, eff. 12/31/2018.Amended by SLA 2014, ch. 61,sec. 14, eff. 12/31/2016.Amended by SLA 2012, ch. 51,sec. 20, eff. 7/1/2013.This section is set out more than once due to postponed, multiple, or conflicting amendments.