revenue

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Rep. Paul Seaton

Rep. Seaton’s June 12th Newsletter

Greetings from Juneau on this 26th day of the first special session of the 30th Legislature. I continue to work for a sustainable fiscal solution to our state’s declining revenue, but have had little success dealing with the Senate. We are quickly approaching the end of the first special session and if we have not passed a budget within the allowable time, the Governor may call us back into a second special session.

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Rep. Les Gara

Note from Rep. Gara: Near Zero Value Nuna Oilfield Deal Challenged

Anchorage – Thursday Representative Les Gara (D-Anchorage) asked the Parnell Administration to hold off on a controversial proposal for tens of millions of dollars in additional tax reductions on a North Slope oilfield. Last week Governor Parnell’s Commissioner of Natural Resources announced his proposal to reduce the 12.5% royalty on the Nuna oilfield by over 50%.

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Rep. Andy Josephson

Rep. Josephson’s Newsletter: Alaska’s Fiscal Cliff

Dear Friends and Neighbors,

It is nearly time for my staff and me to move back to Juneau for the second session of the 28th Alaska State Legislature. Other than the mere fact that it is December 19th and the session convenes one month from today, the Governor just released his budget and the Department of Revenue submitted its fall report on revenue sources for Alaska, which are both tell-tale signs that session is coming, and in this case, that we need to tighten our belts. In this newsletter I will discuss both of these subjects and how each will impact the upcoming session.

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NEWS: Democrats Question New Revenue Projections

Enormous implications mean new assumptions need more scrutiny

JUNEAU – Today, House Democrats raised concerns about the methodology and timing of the Parnell Administration’s new revenue projection model and asked Department of Revenue Commissioner Bryan Butcher to release to the public more details about its latest income projections. House Democratic Leader Beth Kerttula (D-Juneau) met with Commissioner Butcher and his staff this week to discuss the new report, but she was not satisfied with the explanations she received.

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Phone
Phone: 907-465-4451
Fax: 907-465-3445

Address
State Capitol Room 208
Juneau AK, 99801