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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EVENT: Tuesday’s Press Availability Will Include Reps. Edgmon, Tuck, Stutes, and Kawasaki

Juneau – The Alaska House Majority Coalition will hold a press availability Tuesday morning to answer questions from reporters covering the 30th Alaska State Legislature. Participants will include Speaker of the House Rep. Bryce Edgmon (D-Dillingham), Majority Leader Rep. Chris Tuck (D-Anchorage), Majority Whip Rep. Louise Stutes (R-Kodiak), and Finance Committee member Rep. Scott Kawasaki (D-Fairbanks).

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