NEWS: Energy Efficiency Legislation Approved By the Alaska Legislature

Juneau – The Alaska State Legislature has passed legislation sponsored by Representative Adam Wool (D-Fairbanks) to help lower energy costs for commercial property owners across Alaska. House Bill 80 allows cities and boroughs to create a Property Assessed Clean Energy (PACE) financing mechanism for loans for alternative energy and energy efficiency improvements.

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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 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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