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Matanuska-Susitna Borough eliminates the need for business licenses

The Matanuska-Susitna Borough Assembly unanimously voted to repeal the business license requirement for businesses operating in the borough, starting this week. The license was first implemented in 1995 and required a $100 fee with renewal every two years. Businesses that paid for a license prior to the repeal will not receive a refund.

The repeal of the business license requirement is expected to result in a loss of about $541,000 in annual income from license fees. However, borough officials hope to offset this loss by reallocating business license staff to focus on securing new federal funding sources through grant applications.

Borough officials believe that eliminating this requirement will benefit businesses and streamline the process of operating in the Matanuska-Susitna Borough. Mayor Edna DeVries and assembly members Dee McKee and Rob Yundt sponsored the proposal to repeal the business license requirement.

State and city requirements for business licenses still apply. Businesses in Alaska must have a state-issued license with a $50 annual fee, and 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, but data from these registrations has not been used for economic development purposes for at least 20 years and is primarily used as a business tax.

By Samantha Jones

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