FAIRBANKS – Governor Bill Walker on Wednesday signed House Bill 331 into law, closing out the remaining debt the State of Alaska incurred under the defunct cashable tax credit program. The new law allows the state to issue bonds to pay the final debts carried over from the former tax system. The policy change will […]
U.S. Attorney Bryan Schroder announced on Friday that three Anchorage residents have been named in a 22-count indictment for their involvement in a mail theft ring. The indictment alleges that the trio “conspired to obtain checks stolen from the mail, primarily credit card convenience checks, and then negotiated the stolen checks at different banks in Anchorage using […]
Juneau – Thursday, the leadership of the Alaska Senate Majority reversed course and called for action during the Second Special Session on legislation to fix Alaska’s flawed system of subsidizing the oil and gas industry on the North Slope through overly-generous tax credits. The Alaska House Majority Coalition welcomes a renewed focus on this important […]
Juneau – The Alaska House of Representatives on Monday passed legislation to reform Alaska’s flawed and unsustainable system of oil and gas subsidies. Without changes, the State of Alaska is projected to pay out more in oil tax credits in Fiscal Year 2018 than the state will take in from production taxes. Production tax revenue […]