NEWS: Coalition Pledges to Diligently Consider Governor Walker’s New Revenue Proposal and Criminal Justice Reform Bill

Anchorage – Speaker of the House Bryce Edgmon (D-Dillingham) issued the following statement in response to Governor Walker’s proclamation calling the 30th Alaska State Legislature into a 4th Special Session next month. The Governor is asking lawmakers to consider criminal justice reform legislation and a bill to create new revenue for the State of Alaska.

Read More →

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

Rep. Josephson's Newsletter

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: Governor Signs Bill Ending Cashable Tax Subsidies

Rep. Andy Josephson

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).

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 →

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.

Read More →

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.

Read More →
Page 1 of 712345...Last »