NEWS: Coalition Working with the Governor and Senate to Quickly Pass a Capital Budget

Anchorage – With the passage of legislation last week to reform Alaska’s oil industry subsidies, the attention of the Alaska Legislature turns to the Fiscal Year 2018 Capital Budget. That budget needs to pass before the start of the federal fiscal year in October in order to prevent the loss of over a billion dollars in federal funding. The Alaska House Majority Coalition hopes to negotiate a compromise with the Alaska State Senate and Governor Walker to pass the FY 18 Capital Budget before returning lawmakers to Juneau for final action. To this end, the Co-chairs of the Finance Committees in the House and Senate have already started meeting to discuss the details of a Capital Budget compromise.

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NEWS: Special Session Compromise; End Cash Credits Now

Anchorage – The Alaska House Majority Coalition has communicated a proposed compromise to the Alaska Senate Majority to address oil tax credit reform, which is the subject of the ongoing Second Special Session of the 30th Alaska State Legislature. Coalition members support changes to House Bill 111 to end the practice of paying oil companies cash subsidies for certain tax credits. This is expected to save the State of Alaska an estimated $1.5 billion over the next ten years.

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NEWS: House Moves to Prevent Government Shutdown with Passage of Combined Operating and Capital Budgets

Juneau – Tonight, to avoid a government shutdown at the beginning of the month, the Alaska House of Representatives passed a combined Capital and Operating Budget for Fiscal Year 2018. The House budgets reverse the Senate’s $69 million cut to K-12 education and most of the cut to the University of Alaska. Additionally, the Capital Budget restored the full amount of expected Permanent Fund Dividends, which will be paid in the fall to eligible Alaskans.

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NEWS: House Finance Committee to Review the Alaska Economy and Fiscal Policy

Juneau – The members of the Finance Committee in the Alaska House of Representatives will spend all week examining Alaska’s fiscal policy and how policy changes will impact the Alaska economy. The committee will hear from business, municipal, labor, and tribal representatives in addition to presentations from the Alaska Department of Revenue and the non-partisan Legislative Finance Division.

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NEWS: Tuesday’s Press Availability Will Include Reps. Seaton, Foster, Gara, and Guttenberg

Juneau – The Alaska House Majority Coalition will hold a press availability Tuesday morning to answer questions from reporters covering the 30th Alaska State Legislature. Participants will include House Finance Committee Co-chairs Rep. Paul Seaton (R-Homer) and Rep. Neal Foster (D-Nome), and Finance Committee members Rep. David Guttenberg (D-Fairbanks) and Rep. Les Gara (D-Anchorage).

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EVENT: Tuesday’s Press Availability Will Include Reps. Edgmon, Tuck, Seaton and Foster

Juneau – The Alaska House Majority Coalition will hold a press availability Tuesday morning to answer questions from reporters covering the 30th Alaska State Legislature. Participants will include Speaker of the House Rep. Bryce Edgmon (D-Dillingham), Majority Leader Rep. Chris Tuck (D-Anchorage), and House Finance Committee Co-chairs Rep. Paul Seaton (R-Homer) and Rep. Neal Foster (D-Nome).

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VIDEO: April 15th House Majority Press Availability

Video of the Alaska House Majority Coalition’s April 11th, 2017 press availability.

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