NEWS: Flaws in Alaska’s Oil Tax Regime are Bigger Than Paying Cash for Tax Credits

Rep. Andy Josephson

Juneau – Earlier today, the leadership of the Alaska Senate Majority reversed course and called for action during the Second Special Session on legislation to fix Alaska’s flawed system of subsidizing the oil and gas industry on the North Slope through overly-generous tax credits. The Alaska House Majority Coalition welcomes a renewed focus on this important issue.

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NEWS: House Moves to Prevent Government Shutdown with Passage of Combined Operating and Capital Budgets

Juneau – Tonight, to avoid a government shutdown at the beginning of the month, the Alaska House of Representatives passed a combined Capital and Operating Budget for Fiscal Year 2018. The House budgets reverse the Senate’s $69 million cut to K-12 education and most of the cut to the University of Alaska. Additionally, the Capital Budget restored the full amount of expected Permanent Fund Dividends, which will be paid in the fall to eligible Alaskans.

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OPINION: The Clock is Ticking on a Stable Economic Future for Alaska

Rep. Andy Josephson

The clock ticks. The June 30th deadline to fund Alaska’s budget marches closer. A state government shutdown looms. Because I know Alaskans depend on state government services, I am working hard to avoid this calamity. I’m advocating—as I have for years—for a comprehensive fiscal plan that protects our economy. I’m aiming to achieve not just one year’s budget, but also a long-lasting comprehensive fiscal plan that protects Alaskans and the thousands of jobs threatened by our lingering recession.

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