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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Rep. Josephson’s Newsletter: Public Hearing Announcement – HB247 in House Resources

Rep. Josephson's Newsletter

Today, starting at 1pm and continuing at 6pm, the House Resources committee will be taking public comment on Governor Walker’s Oil and Gas Tax Credit legislation (you can read about some key features of the bill here). This will be an opportunity to let the committee, and the legislature as a whole, know how you feel about the tax credit system. If you are unable to call in to comment today I will include a link for providing written comment. There will also be more public comment periods in the future as the bill moves through the process.

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Rep. Josephson’s Newsletter: All About the Budget

If you picked up a newspaper today or were browsing the web before work, I am sure you saw a story about last night’s lengthy House Floor Session, and I’m also sure there were more than a few questions. I will try to answer as many as I can in the course of this brief E-newsletter.

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