Rep. Josephson’s July 28th Newsletter: AK Capital Budget

Yesterday, the Alaska Legislature passed a compromise capital budget that spends about $140M of state money to leverage about $1.2B in federal funds. The House vote was 27-13 and the Senate vote was 15-4. Although either a “yes” or “no” vote was arguably justifiable, after some deliberation, I voted to pass this budget.

Read more

NEWS: Alaska Legislature Passes Responsible Capital Budget Compromise

Juneau – Today, the Alaska Legislature overwhelmingly passed a capital budget for Fiscal Year 2018 that will result in approximately $1.2 billion in federal funds coming to Alaska. The approved capital budget was a negotiated compromise that ensures continued funding for Alaska’s roads, bridges, and other vital infrastructure. House Finance Committee Co-chair Rep. Neal Foster (D-Nome) helped negotiate the compromise and worked to ensure passage today.

Read more

Rep. Seaton’s July 26th Newsletter: Capital Budget alert

Greetings! Please see the below press release outlining the draft capital budget compromise between the House and Senate. Links are provided to additional documents and a summary. Once appointed, the capital budget conference committee is scheduled to meet in Juneau at 1pm Thursday, July 27 to review and vote on this draft. Should it pass the conference committee, I anticipate the bill will then move to the House and Senate floors the same day.

Read more

NEWS: Governor Signs Bill to Increase Access and Decrease Costs of Eye Care in Alaska

Anchorage – Today, Alaska Governor Bill Walker signed House Bill 103 into law, delegating increased authority over the regulation of optometrists to the Board of Examiners of Optometry. HB 103 was introduced by Representative Ivy Spohnholz (D-Anchorage) and its Senate companion, Senate Bill 36, was introduced by Senator Cathy Giessel (R-Anchorage). The bill passed both the Alaska House of Representatives and Alaska Senate with strong bipartisan support in April and May.

Read more

Rep. LeDoux’s July 21st Newsletter: End of cash credits & adjournment

Late Saturday night, the legislature found compromise and passed HB111, ending cash payments to oil companies. This effort will save the state $150-200 million annually for the next 10 years. These cash payments incentivized exploration and production efforts, but paying the companies cash just didn’t make sense as we try to balance the budget and fill this $2.5’ish billion deficit. Instead, the companies can now recover their costs once fields go into production.

Read more