NEWS: Special Session Compromise; End Cash Credits Now

Anchorage – The Alaska House Majority Coalition has communicated a proposed compromise to the Alaska Senate Majority to address oil tax credit reform, which is the subject of the ongoing Second Special Session of the 30th Alaska State Legislature. Coalition members support changes to House Bill 111 to end the practice of paying oil companies cash subsidies for certain tax credits. This is expected to save the State of Alaska an estimated $1.5 billion over the next ten years.

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Rep. Seaton’s July 3rd Newsletter

Rep. Paul Seaton

Greetings and happy Fourth of July! This week I am back in the district. If your group would like to contact me, please call the Homer office at 235-2921 to schedule a meeting as I am often on the road and may be heading back to Juneau at some point. I plan on participating in Fourth of July events around Homer and Anchor Point tomorrow, and Wednesday I will be on KBBI’s Coffee Table; tune in at 9 am for a discussion of the state’s budget challenges.

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Rep. Seaton’s June 26th Newsletter

Rep. Paul Seaton

Greetings from Juneau. Late Thursday evening, the legislature was able to pass an operating budget to avoid a government shutdown. The budget includes several compromises between the House and Senate versions; the final version cuts $128.7 million in unrestricted general fund spending from last year’s budget. The House held strong on the commitment to fully fund K-12 education and pupil transportation.

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NEWS: Budget Compromise Achieved, Government Shutdown Averted

Juneau – Tonight, to avert the looming government shutdown, the Alaska State Legislature passed the Fiscal Year 2018 Operating Budget. The compromise budget totals $4.1 billion in Unrestricted General Fund (UGF) spending and sets this year’s Permanent Fund Dividend at $1,100. The K-12 Base Student Allocation (BSA) will be fully funded at $1.2 billion, the same level of funding as the current year. This reverses the $69 million cut to education advanced by the Alaska Senate. 

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Rep. Seaton’s June 17th Newsletter

Rep. Paul Seaton

Good morning on this the 2nd day of the second special session. Last Thursday evening, the House passed a combined capital and operating budget in an attempt to avoid a government shutdown. Combining the two budgets was unusual, but we were running out of time in the first special session to pass the capital budget and we had not yet negotiated a successful operating budget compromise.

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