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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NEWS: House Moves to Prevent Government Shutdown with Passage of Combined Operating and Capital Budgets

Juneau – Tonight, to avoid a government shutdown at the beginning of the month, the Alaska House of Representatives passed a combined Capital and Operating Budget for Fiscal Year 2018. The House budgets reverse the Senate’s $69 million cut to K-12 education and most of the cut to the University of Alaska. Additionally, the Capital Budget restored the full amount of expected Permanent Fund Dividends, which will be paid in the fall to eligible Alaskans.

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Rep. Spohnholz’s June 8th Newsletter: Special Session Frustration on Day 21

Rep. Spohnholz's newsletter

It is day 21 of the Special Session focused on our fiscal situation and Alaskans are frustrated. The legislature has not gotten its work done and we continue to have fiscal uncertainty despite extending the regular session to 120 days and the Governor calling us back into a Special Session focused on a fiscal plan. As I sit here in my office in the Capitol, with no committee meetings on my schedule, I am frustrated too.

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