Juneau – Monday, the Alaska House of Representatives passed legislation making time-sensitive appropriations to cover unanticipated expenses. House Bill 321, the “fast track” supplemental appropriations bill, totals $110.2 million, of which $92.0 million is from unrestricted general funds (UGF). “This fast-track supplemental is the product of the House and Senate working together to come to […]
JUNEAU – Senator Donny Olson (D-Golovin) introduced legislation yesterday, Senate Bill 203, allowing the Alaska Industrial Development Export Authority (AIDEA) to issue bonds to finance infrastructure and construction costs of the Graphite Creek graphite project. In a preliminary economic assessment, the proposed processing plant at Graphite Creek would produce 60,000 metric tons of graphite concentrates […]
Juneau – Monday, the Alaska House of Representatives passed legislation sponsored by Representative Matt Claman (D-Anchorage) that amends the Alaska Marriage Code to add language that allows for marriages to be solemnized by elected officials of the state of Alaska. Under current Alaska statute, marriage may only be solemnized by a minister, priest, rabbi, or […]
Juneau – A recent report from the Department of Revenue shows the state is losing more than a half billion dollars in annual revenue by not enacting the modest 25% tax on oil company profits passed by the House last year. Today, Representative Les Gara (D-Anchorage) released the following statement regarding the role oil taxes […]