NEWS: House Resources Schedules Hearing on Alaska LNG Project

Anchorage – The House Resources Committee Co-Chairs, Representative Geran Tarr (D-Anchorage) and Representative Andy Josephson (D-Anchorage), have noticed a committee hearing on December 4th at 6 p.m. to get an update from the Alaska Gasline Development Corporation on the Alaska LNG project.

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Rep. Grenn’s November 9th Newsletter: Criminal Justice Reform and AK LNG Update

Protecting Alaskans and keeping our communities safe is perhaps the primary obligation of our government. The past few months, I’ve spent an enormous amount of time learning about the different facets of crime, and how it affects our state, meeting with everyone from prosecutors, law enforcement, business owners, and victims of crimes. I was pleased to be in Juneau the last two weeks fighting for legislation that can be part of the solution to help stop the recent uptick in criminal activity.

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NEWS: Speaker Edgmon Celebrates Forward Progress on the AK LNG Project

Juneau – Speaker of the House Bryce Edgmon (D-Dillingham) issued the following statement in response to tonight’s announcement that the State of Alaska has entered into a joint development agreement for the long-awaited Alaska LNG Project. The agreement was signed by representatives from the State of Alaska, the Alaska Gaseline Development Corporation (AGDC), the Bank of China, the China Investment Corporation, and the oil and gas company Sinopec.

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NEWS: Chairs Announce Working Group Members, Formation of Advisory Group

Anchorage – The co-chairs of the legislative working group created by House Bill 111, Sen. Cathy Giessel (R-Anchorage) and Rep. Geran Tarr (D-Anchorage), announced today the working group’s membership, along with the formation of an advisory group.

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NEWS: Governor Signs Bill Ending Cashable Tax Subsidies

Juneau – Today, Alaska Governor Bill Walker signed House Bill 111 into law, ending cashable subsidies on the North Slope, and making modest adjustments to Alaska’s oil and gas tax code. HB 111 was sponsored by the House Resources Committee, Co-Chaired by Representative Geran Tarr (D-Anchorage) and Representative Andy Josephson (D-Anchorage).

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NEWS: Compromise Achieved to Reform Alaska’s Unsustainable Oil Tax Credit System

Juneau – Tonight, the Alaska Legislature passed a compromise version of legislation to reform Alaska’s system of subsidizing the oil industry on the North Slope with tax credits. House Bill 111 ends Alaska’s unique cash for tax credits system and strengthens the four percent minimum tax to ensure Alaska receives some production tax revenue in times of low oil prices. Tonight’s compromise was brokered by House Resources Committee Co-chair Representative Geran Tarr (D-Anchorage), who served as the Chair of the HB 111 Conference Committee.

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NEWS: Flaws in Alaska’s Oil Tax Regime are Bigger Than Paying Cash for Tax Credits

Juneau – Earlier today, 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 issue.

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