JUNEAU – Senator Bill Wielechowski, D-Anchorage, introduced Senate Bill 135 Monday establishing the Alaska Work and Save Program to make it easier for small businesses in Alaska to provide Individual Retirement Accounts (IRAs) to their employees. Senate Bill 135 would also allow all Alaskans to invest their permanent fund dividend in their retirement account during […]
JUNEAU – The Senate Rules Committee introduced legislation Friday to fix several flaws in Alaska’s oil tax structure. Senate Bill 114 would level the playing field by having all oil producers pay the same corporate income tax rate as corporations at 9.4%. This would only apply after the first $4 million in annual net income. […]
JUNEAU – Wednesday, Senator Forrest Dunbar (D-Anchorage) introduced Senate Bill 112, which seeks to provide Alaskans with access to information and tools to repair digital equipment. Currently, many corporations use proprietary maintenance tools that are not available to the public or independent repair businesses. Repairing electronic and digital equipment can be very costly when only […]
JUNEAU – On Wednesday, Senate President Gary Stevens (R-Kodiak) introduced Senate Bill 89, which seeks to increase the minimum age to buy, sell, and possess tobacco and E-cigarettes from 19 to 21 years old, and also places a point-of-sale (retail sales) tax on electronic smoking products (ESPs). The tax would apply to closed-system ESPs when […]