Other Committee Newsletters

Rep. Seaton’s Feb. 20th Newsletter

Rep. Paul Seaton

Greetings from Juneau this 35th day of session. Last week we held several hearings on the State Revenue Restructuring Act, HB 115. The state’s need for diversified revenue came up repeatedly during questions and modeling of the bill. For the past 30 years, we have relied on a volatile source of revenue, which was oil. Having too heavy a reliance on volatile revenue sources creates uncertainty in budgeting, and that includes relying too heavily on the permanent fund earnings as our only other revenue source.

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Rep. Seaton’s Feb. 13th Newsletter

Rep. Paul Seaton

Greetings from Juneau this 28th day of session. On Friday the House Finance committee introduced HB 115 State Revenue Restructuring Act, which aims to fill the deficit in a way that is fair and balanced to Alaskans. This bill addresses three of the four pillars of the House Majority Coalition Plan to build a sustainable future for our state; a structured draw from the permanent fund earnings reserve, new revenue from a broad-based tax, and a sustainable dividend amount. The fourth pillar constrains state spending by making smart budget cuts and reducing the state’s oil and gas tax credit subsidies.

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Rep. Seaton’s February 6th Newsletter

Rep. Paul Seaton

Greetings from Juneau this 21st day of session. This week I took part in two panels focused on Alaska’s fiscal situation. The first, held by Alaska Common Ground, was nearly three hours long and included members of the House, the Senate, and the executive branch. All the panelists seemed to agree that we should act this year, but what that action would look like and how much of the fiscal problem it should address was not so unanimous.

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Rep. Seaton’s January 30th Newsletter

Rep. Paul Seaton

Greetings from Juneau this 14th day of session. On Thursday I had the privilege to see Lance Peterson receive the Individual Artist award from the governor. Lance has spent decades crafting quality theatre on the Homer spit and inspired many community members to step onto the stage. This award is well deserved.

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Rep. Seaton’s January 23rd Newsletter

Rep. Paul Seaton

Greetings from Juneau this second week of session. Committees and finance subcommittees are both quickly digging into their work. If you are interested in a particular department, I encourage you to follow on akleg.gov and to contact the subcommittee chair.

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Rep. Seaton’s December 22nd Newsletter

Rep. Paul Seaton

Happy holidays! I thought I would take a few moments before the New Year kicks off to share how I envision this legislative session unfolding and to introduce you to my staff. I’ll also provide a brief outline of the governor’s proposed budget. As released, the budget includes reductions, wage freezes, and the expectation of a plan to draw on the Permanent Fund Earnings Reserve, but the budget is still not fully balanced.

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