Rep. LeDoux’s Newsletter: April Update

Rep. Gabrielle LeDoux

Longer days and longer House Floor sessions indicate the coming of spring. The House has passed a fully-funded operating budget, which is smaller than last year’s budget. It is now being heard by the Senate. HB 111, the oil tax credit bill, moved from the House to the Senate this week. We in Juneau are working hard to minimalize the impacts of a state-wide recession and put Alaska on a financially-stable road.

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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. LeDoux’s Newsletter: April Legislative Update

Rep. Gabrielle LeDoux

Longer days and longer House Floor sessions indicate the coming of spring. The House has passed a fully-funded operating budget, which is smaller than last year’s budget. It is now being heard by the Senate. HB111, the oil tax credit bill, should soon be scheduled for a vote. We in Juneau are working hard to minimalize the impacts of a state-wide recession and put Alaska on a financially-stable road.

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NEWS: Alaska Innovation Caucus Kick-Off Meeting

Juneau – The bipartisan, bicameral Alaska Innovation Caucus (AKIC) will hold its first meeting in the lecture hall of the Father Andrew P. Kashevaroff State Library, Archives and Museum located at 395 Whittier Street in downtown Juneau on Saturday, April 8th from 9:00 – 11:00 a.m.

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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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