NEWS: House Resources Schedules Hearing on Alaska LNG Project

House Resources Committee

Anchorage – The House Resources Committee Co-Chairs, Representative Geran Tarr (D-Anchorage) and Representative Andy Josephson (D-Anchorage), have noticed a committee hearing on December 4th at 6 p.m. to get an update from the Alaska Gasline Development Corporation on the Alaska LNG project.

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NEWS: Joint Hearing on Alaska LNG Project

House Resources Committee

ANCHORAGE – Sen. Cathy Giessel (R-Anchorage), chair of the Senate Resources Committee, and Rep. Geran Tarr (D-Anchorage), co-chair of the House Resources Committee, this week noticed a joint committee hearing to update the public on the status of the Alaska LNG Project.

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NEWS: Governor Signs Bill Ending Cashable Tax Subsidies

Rep. Geran Tarr

Juneau – Today, Alaska Governor Bill Walker signed House Bill 111 into law, ending cashable subsidies on the North Slope, and making modest adjustments to Alaska’s oil and gas tax code. HB 111 was sponsored by the House Resources Committee, Co-Chaired by Representative Geran Tarr (D-Anchorage) and Representative Andy Josephson (D-Anchorage).

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NEWS: Compromise Achieved to Reform Alaska’s Unsustainable Oil Tax Credit System

Juneau – Tonight, the Alaska Legislature passed a compromise version of legislation to reform Alaska’s system of subsidizing the oil industry on the North Slope with tax credits. House Bill 111 ends Alaska’s unique cash for tax credits system and strengthens the four percent minimum tax to ensure Alaska receives some production tax revenue in times of low oil prices. Tonight’s compromise was brokered by House Resources Committee Co-chair Representative Geran Tarr (D-Anchorage), who served as the Chair of the HB 111 Conference Committee.

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NEWS: Flaws in Alaska’s Oil Tax Regime are Bigger Than Paying Cash for Tax Credits

Rep. Geran Tarr

Juneau – Earlier today, the leadership of the Alaska Senate Majority reversed course and called for action during the Second Special Session on legislation to fix Alaska’s flawed system of subsidizing the oil and gas industry on the North Slope through overly-generous tax credits. The Alaska House Majority Coalition welcomes a renewed focus on this important issue.

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