Rep. Kito’s April 17th Newsletter: Session Overtime Begins

Rep. Sam Kito's newsletter

As of Sunday, April 16th we have passed through the statutory end of session, and we are now officially into overtime. Our state budget has passed the House and the Senate, but we have not yet started the conference committee process. There is still work to do on our fiscal plan, and this week we took a major step towards sustainability. With the passage of House Bill 111 and House Bill 115, and passage of the House amendments to Senate Bill 26, we have all of the pieces out on the table to get us much closer to a comprehensive fiscal plan – you can read this for more information.

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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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Rep. Kito’s Newsletter: State budget and ride-sharing

Rep. Sam Kito's newsletter

Spring is in the air, and of course there is eternal hope for a timely end to session here in our State Capitol. We are now down to less than a month to go for us to finish in our statutorily limited 90-day session. The budget is well on its way, with a big difference in where the House and the Senate would like to end up. The discussion about whether we provide adequate funding to support state services (House version of the budget) or whether we put undue pressure on state services by cutting education, health care, public safety (Senate version of the budget), will take place in conference committee where the two versions will be reconciled.

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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: Congratulations to Musher Mitch Seavey on a Record-Breaking Iditarod Victory

Juneau – The members of the Alaska House Majority Coalition congratulate Mitch Seavey and his dog team on their record-breaking Iditarod victory today. Seavey arrived in Nome at 3:40 this afternoon with an official time of 8 days, 3 hours, 40 minutes, and 13 seconds. He shattered the old speed record set last year by his son Dallas Seavey, who is a four time Iditarod champion.

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