
NEWS: House Resources Committee Misses Opportunity to Help Close $4 Billion Budget Gap
Juneau – Much of the savings associated with Governor Bill Walker’s proposed reform to Alaska’s flawed and overly expensive oil and gas tax credit system has been lost because of the actions of the House Resources Committee. House Bill 247 was passed out of the committee tonight. The original bill was significantly altered by members of the House Majority to remove $450 million in savings and new revenue.