Anchorage Representative Cliff Groh Introduces Bill to Increase Oil and Gas Property Tax
This week, Representative Cliff Groh (D-Anchorage) introduced House Bill 153 to increase the oil and gas property tax mill rate which, if passed, would generate significant new revenues and release some of the budget pressure that underpins the legislative tension of recent years. Currently, municipalities can tax up to 20 mills (2%), and if they […]