Rep. Seaton’s April 27th Newsletter: Update: State Reductions & Diversifying Revenue

Rep. Paul Seaton

Hello! Some information came out this week that I wanted to share with you. This past Monday, the Institute of Taxation and Economic Policy released their report: Comparing the Distributional Impact of Revenue Options in Alaska. This report compares the impact of different revenue plans being discussed in Juneau this session. The report finds that most Alaska households would pay less under a personal income tax, like our HB 115 School Tax, than they would under a 3% sales tax even if the sales tax exempted food, child care and rent.

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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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Rep. Seaton’s April 24th Newsletter

Rep. Paul Seaton

Greetings from Juneau this 98th day of session. I am pleased to share that the Senate Labor & Commerce committee has scheduled hearings for HB 115 Education Funding Act-School Tax every day this week starting Tuesday. As the governor noted in his recent press conference, a broad-based tax is necessary for a balanced fiscal solution.

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Rep. Seaton’s April 17th Newsletter

Rep. Paul Seaton

Greetings from Juneau this 91st day of session. I am proud to report that this past week the House acted on the four pillars of our comprehensive, sustainable fiscal plan. Oil and gas tax & credit reform, HB 111, passed the House on Monday and was heard in Senate Finance and Senate Resources last weekend. The House version of SB 26, creating a structured draw from the permanent fund, moved from the House Wednesday.

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