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: Coalition Press Availability Thursday to Discuss Oil Industry Subsidies

Juneau – The Alaska House Majority Coalition will hold a press availability Thursday afternoon to answer questions from reporters covering the 30th Alaska State Legislature. Specifically, Coalition members will discuss legislation to reform Alaska’s oil tax regime. Participants will include Majority Leader Rep. Chris Tuck (D-Anchorage), House Rules Committee Chair Rep. Gabrielle LeDoux (R-Anchorage), House Finance Committee Vice-chair Rep. Les Gara (D-Anchorage), and House Resources Committee Co-chair Rep. Geran Tarr (D-Anchorage).

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Rep. Tarr’s June 29th Newsletter: Operating Budget and What’s Next

Tarr's Times

Just after I wrote last week’s enews, late last Thursday evening, with just a week before the government would have shutdown, the legislature reached a compromise on the operating budget. While this relieves the immediate pressure of a looming shutdown, measures to enact a fiscal plan were not passed so we have not completed our work for this year.

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