Category - Rep. Bryce Edgmon

House Majority Coalition

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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House Majority Coalition

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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House Majority Coalition

NEWS: HB 111 Conference Committee Meeting Scheduled for Wednesday Afternoon in Anchorage

Anchorage – Representative Geran Tarr (D-Anchorage), Chair of the House Bill 111 Conference Committee, is calling the committee together for a meeting in Anchorage Wednesday at 3:00 p.m. to discuss a proposed compromise to end the unaffordable practice of paying oil companies on the North Slope cash for tax credits. The HB 111 Conference Committee is tasked with working out the differences between the competing versions of the bill passed by the Alaska House of Representatives and the Alaska State Senate.

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House Majority Coalition

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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House Majority Coalition

NEWS: Alaska Legislature Passes Bill to Help Address the Abuse of Prescription Drugs

Juneau – Tonight, a bill to respond to the ongoing opioid epidemic in Alaska passed its final legislative hurdle and will be sent to Governor Walker’s desk for his signature. The Governor included House Bill 159 on the call for the Second Special Session and with tonight’s action the Alaska House of Representatives, which initially passed the bill in May, concurred with the minor changes to the bill made by the Alaska State Senate.

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House Majority Coalition

NEWS: Budget Compromise Achieved, Government Shutdown Averted

Juneau – Tonight, 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, the same level of funding as the current year. This reverses the $69 million cut to education advanced by the Alaska Senate. 

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Alaska House Majority Coalition

Rep. Bryce Edgmon
Speaker of the House
Toll-Free +1 800 898-4451
Room 208 Capitol Bldg.

Rep. Chris Tuck
Coalition Leader
Toll-Free +1 (866) 465-2095
Room 204 Capitol Bldg.

COALITION STAFF:

Amory Lelake 465-4451
Caucus Staff
Aurora Hauke 465-5051
Caucus Staff
Mike Mason 444-0889
Press Secretary