NEWS: House Advances Legislation to Help Grow Alaska’s Mariculture Industry

Juneau – Today, the Alaska House of Representatives passed two bills to expand existing frameworks to better manage Alaska’s fledgling mariculture industry. House Bill 76 fills a critical gap in capital need for infrastructure development of mariculture operations. It amends the current program to allow up to 40 percent of the fund to be used for loans to permitted hatcheries and enhancement projects for planning, construction and operation. House Bill 128 would allow non-profits to pursue enhancement and restoration projects with oversight by the Alaska Department of Fish and Game. Both bills are sponsored by Representative Dan Ortiz (I-Ketchikan).

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NEWS: Broad-Based Revenue Proposal Receives Public Support

Juneau – Last night over 100 Alaskans provided public testimony to the Senate Labor and Commerce Committee on the proposed Education Funding Act, one of the four pillars of the comprehensive fiscal plan put forward by the Alaska House Majority Coalition. A significant majority of those who testified spoke in favor of House Bill 115 and maintaining Alaska’s commitment to public education and the University of Alaska. HB 115 passed the Alaska House of Representatives earlier this month and is under consideration in the Alaska State Senate.

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EVENT: Alaska House Majority Coalition Press Availability Scheduled for Tuesday

Juneau – The Alaska House Majority Coalition will hold a press availability Tuesday morning that will include House Majority Leader Rep. Chris Tuck (D-Anchorage), House Resources Committee Co-chair Rep. Andy Josephson (D-Anchorage), House Energy Committee Chair Rep. Adam Wool (D-Fairbanks), and House Health and Social Services Committee Chair Rep. Ivy Spohnholz (D-Anchorage)

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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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