NEWS: Alaska House Passes Major Piece of a Comprehensive Fiscal Plan

Juneau – The Alaska House of Representatives today passed a major component of the plan put forward by the members of the Alaska House Majority Coalition to fully address Alaska’s $2.7 billion funding gap. Senate Bill 26 creates a sustainable draw from the earnings of the Alaska Permanent Fund, while still paying out dividends and protecting the principle of the fund.

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NEWS: Alaska Legislature Votes to Improve Access to Digital Assets

Rep. Matt Claman

Juneau – Today, the Alaska Senate voted unanimously to pass legislation which updates Alaska’s probate laws to improve fiduciary access to digital assets. HB 108, sponsored by Representative Matt Claman (D-Anchorage), allows Alaskans to plan ahead for the posthumous management of their digital assets in the same way they can make plans for more tangible personal property.

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NEWS: Alaska House Moves to Fix Alaska’s Flawed Oil Tax Credit System

Juneau – The Alaska House of Representatives today passed legislation to reform Alaska’s flawed and unsustainable system of oil and gas subsidies. Without changes, the State of Alaska is projected to pay out more in oil tax credits in Fiscal Year 2018 than the state will take in from production taxes. Production tax revenue used to be Alaska’s leading source of revenue.

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Rep. Claman’s Newsletter: Approaching the 90-Day Mark

Claman's Alaska Matters

We’re nearing the end of the 90-day legislative session and the House and Senate are picking up the pace as the deadline approaches. The budget remains our top priority and we’re committed to working together to create a responsible action plan for Alaska.

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NEWS: Responsible Budget Passes the Alaska House of Representatives

JUNEAU – The Alaska House of Representatives today formally passed a fully funded operating budget for Fiscal Year 2018 that ensures the delivery of essential services and protects the Alaska economy. The $5.1 billion General Fund operating budget reduces spending on agency and statewide operations by a net of $82.5 million compared to the 2017 budget, even after Governor Bill Walker’s vetoes.

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