NEWS: House Resources Committee Misses Opportunity to Help Close $4 Billion Budget Gap

Rep. Andy Josephson

Juneau – Much of the savings associated with Governor Bill Walker’s proposed reform to Alaska’s flawed and overly expensive oil and gas tax credit system has been lost because of the actions of the House Resources Committee. House Bill 247 was passed out of the committee tonight. The original bill was significantly altered by members of the House Majority to remove $450 million in savings and new revenue.

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Rep. Josephson’s Newsletter: HB 247 & the Budget

Rep. Josephson's Newsletter

Last Friday the House passed the Operating Budget over to the Senate ending the “24 hour rule” that was put in effect by HCR23. That also means that the limitations on what bills could be heard in committee was lifted and, as a result, some of my committees heard non-revenue bills for the first time since February 8th.

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