Governor Bill Walker announced today he reluctantly accepted Department of Revenue Commissioner Randy Hoffbeck’s notice of resignation. “It is with mixed emotions that I have reluctantly accepted Randy’s resignation as revenue commissioner,” Governor Walker said. “For three years, Randy has been an integral member of this administration, spearheading the state’s efforts to create a plan […]
JUNEAU — Governor Bill Walker Monday signed Senate Bill 23, the capital budget, into law. As passed by the Legislature, the bill contains appropriations for fiscal year 2018 totaling $1.4 billion, including $122 million in unrestricted general funds and $28 million in designated general funds. The bill leverages nearly $1.2 billion in federal dollars for […]
JUNEAU — Governor Bill Walker Thursday signed legislation ending Alaska’s unsustainable system of cash payments to oil companies. House Bill 111 passed the legislature with broad, bipartisan support, and converts cashable oil tax credits into tax deductions. With oil prices hovering around $50 per barrel, HB 111 was a necessary step to protect the state’s […]
ANCHORAGE—Governor Bill Walker today signed into law House Bills 57 and 59, approving the $4.9 billion operating budget bills the legislature passed for fiscal year 2018 (July 1, 2017 – June 30, 2018), without vetoes. State spending for department operations has been cut $145 million from the previous year, and total state spending on the […]