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 […]
I like a good fish tale. But when it involves fish, not when it involves politics. And not when it involves Senate leaders failing to tell you about a new $145 million subsidy they want to give our partners in the oil industry. The Senate started a media push last week, saying that they want […]
Juneau – Thursday night, to avert the looming government shutdown, the Alaska State Legislature passed the Fiscal Year 2018 Operating Budget. The compromise budget totals $4.1 billion in Unrestricted General Fund (UGF) spending and sets this year’s Permanent Fund Dividend at $1,100. The K-12 Base Student Allocation (BSA) will be fully funded at $1.2 billion, […]
(Juneau, AK) – Attorney General Jahna Lindemuth today sat down with legislative leadership in both the House Majority and Senate Majority to brief them on the executive branch’s preparation for a potential shutdown of state government. If the legislature fails to pass a budget by June 30, 2017, the State will be in uncertain and […]