Rep. Tarr’s April 18th Newsletter: Historic Action Taken by the House: We’ve Passed a Comprehensive, Sustainable Fiscal Plan

Tarr's Times

Over the weekend the House Majority made true on the commitment we made on November 9th when we came together to form a new coalition. We came together as Democrats, Republicans, and Independents to put our state back on track for a prosperous future by passing a fiscal plan. At the beginning of the session we said our plan had four pillars: reform of our overly generous oil and gas subsidies, strategic budget cuts, protection of the PFD and restructuring, and new revenue from a broad based tax. We took the enormity of the situation and with a laser focus worked diligently to get every measure passed. This is a lengthy enews and I hope you’ll have time to read all of it and will get in touch with questions. I love hearing from you!

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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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