Matanuska-Susitna Borough eliminates the need for business licenses

Matanuska-Susitna Borough Ditches Business License Requirement, Boosting Entrepreneurship and Economic Development Efforts

The Matanuska-Susitna Borough Assembly has unanimously approved the repeal of the business license requirement for businesses operating within the borough, effective immediately. This decision marks the end of a 25-year requirement that required a $100 fee with renewal every two years.

Businesses that have already paid for a license prior to the repeal will not receive a refund. However, state and city requirements for business licenses still apply. Businesses in Alaska must have a state-issued license with an annual fee of $50, while businesses in Mat-Su cities like Palmer, Wasilla, and Houston are required to carry a city-issued license for $25 per year.

Over 10,000 entities currently hold borough business licenses. Data from these registrations has not been used for economic development purposes in at least 20 years and is primarily used as a business tax. The repeal is expected to result in a loss of about $541,000 in annual income from license fees.

Borough officials hope to offset this loss by reallocating business license staff to focus on securing new federal funding sources through grant applications. They believe that eliminating this requirement will benefit businesses and streamline the process of operating in the Matanuska-Susitna Borough.

The proposal to repeal the business license requirement was sponsored by Mayor Edna DeVries and assembly members Dee McKee and Rob Yundt. They believe that this change will create a more business-friendly environment and encourage entrepreneurship within the borough.

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