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Home»Posts tagged with»house bill 111

Alaska House Moves to Fix Alaska’s Flawed Oil Tax Credit System

By Michael Mason | AKLeg on Apr 11, 2017   Featured, Politics, State  

Alaska House Moves to Fix Alaska’s Flawed Oil Tax Credit System

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 […]

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