NEWS: Resources Committee Co-chairs will Lead Effort to Reform Unsustainable Oil Industry Subsidies

Juneau – On Monday, Speaker of the House Rep. Bryce Edgmon (D-Dillingham) appointed House members to negotiate a compromise on legislation to reform Alaska’s unsustainable oil tax credit system that passed both the House and Senate. House Resources Committee Co-chairs Rep. Geran Tarr (D-Anchorage) and Rep. Andy Josephson (D-Anchorage) will represent the House Majority on the conference committee. The House Minority will be represented by Rep. Dave Talerico (R-Healy). The State Senate is expected to appoint their members to the conference committee on Wednesday.

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NEWS: House Passes Bill to Allow a New Type of Corporation in Alaska

Rep. Sam Kito

Juneau – Today, the Alaska House of Representatives approved legislation to allow benefit corporations to operate in Alaska. Benefit corporations are for profit organizations that incorporate public benefits and community improvements into their business model. House Bill 124, sponsored by Representative Sam Kito (D-Juneau), would bring Alaska’s corporate law in line with thirty-one other states that have passed benefit corporation legislation.

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NEWS: Alaska Legislature Passes Legislation to Insure Survivors of Public Servants Killed In the Line of Duty

Juneau – Today, legislation to extend healthcare coverage to the families of peace officers and firefighters killed in the line of duty officially passed the Alaska State Legislature. House Bill 23, sponsored by Representative Andy Josephson (D-Anchorage), passed the Alaska House of Representatives on a unanimous vote in March and a slightly different version of the bill passed the Alaska State Senate last week by a vote of 19-0. The Alaska House formally concurred with the Senate changes to the bill earlier today.

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NEWS: Alaska House Passes Major Piece of a Comprehensive Fiscal Plan

Juneau – The Alaska House of Representatives today passed a major component of the plan put forward by the members of the Alaska House Majority Coalition to fully address Alaska’s $2.7 billion funding gap. Senate Bill 26 creates a sustainable draw from the earnings of the Alaska Permanent Fund, while still paying out dividends and protecting the principle of the fund.

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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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NEWS: Responsible Budget Passes the Alaska House of Representatives

JUNEAU – The Alaska House of Representatives today formally passed a fully funded operating budget for Fiscal Year 2018 that ensures the delivery of essential services and protects the Alaska economy. The $5.1 billion General Fund operating budget reduces spending on agency and statewide operations by a net of $82.5 million compared to the 2017 budget, even after Governor Bill Walker’s vetoes.

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NEWS: Conference Committee Advances Flawed Oil Tax Credit Subsidy Bill

Juneau – Today, the Conference Committee created to work out the differences between the House and Senate versions of House Bill 247 advanced a new version that continues unsustainable subsidies to the oil and gas industry that will cost Alaska hundreds of millions of dollars a year. The only member of the Minority on the Conference Committee is Representative Geran Tarr (D-Anchorage). She objected to the new version of HB 247 and voted no on advancing the bill out of the committee.

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NEWS: Alaska House Passes Legislation to Roll-Back Many Unsustainable Oil Industry Subsidies

Juneau – Today, the Alaska House of Representatives approved House Bill 247 to significantly reform Alaska’s unsustainable oil tax credit subsidy system. The members of the Alaska Independent Democratic Coalition (AIDC) cautiously supported the legislation after participating in a bipartisan effort to amend the bill to dramatically increase savings and fix flaws included in previous versions of the bill.

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NEWS: The Late Rep. Max Gruenberg’s Final Bill Passes the Alaska Legislature, With a Little Help From His Friends

Juneau – Today, House Bill 147 passed the Alaska Senate by a unanimous vote. Earlier this month, the bill passed the Alaska House of Representatives, also by a unanimous vote. The bill was the brainchild of the late Rep. Max Gruenberg who passed away suddenly in February at the age of 72 while still in office. Rep. Liz Vazquez (R-Anchorage) sponsored HB 147, which does several things including allowing the well-being of pets to be considered by courts in divorce proceedings. Rep. Ivy Spohnholz (D-Anchorage) was appointed to the District 16 seat held by Rep. Gruenberg and she quickly became a co-sponsor of HB 147.

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