Rep. Josephson’s Newsletter: Bringing Home Our Resources

Rep. Andy Josephson

Getting more oil in the pipeline is a priority for me…but making sure the benefits of our oil wealth reach you is of equal priority. This means ensuring that money from oil taxes makes it back to our local communities.

Companies Produce, We’ll Reduce-
Naturally, Alaska’s future depends on getting more oil in the pipeline. This week the House and Senate Democrats delivered an alternative (HB 111) to the Governor’s Oil Tax Bill (HB 72). Unlike the Governor’s bill, the Democratic alternative aims to: (1) encourage oil production in new fields, (2) help get new oil out of existing fields, and (3) advance non-tax ways to encourage more oil production.

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NEWS: Anti-Frankenfish Measure Advances in Alaska House

Alaska State Seal

Effort to Protect Wild Alaska Salmon Moves Forward

JUNEAU - Today, the House Fisheries Committee approved House Joint Resolution 5, a resolution sponsored by Representatives Geran Tarr (D-Anchorage) and Scott Kawasaki opposing the Food and Drug Administration’s approval of the sale of genetically modified (GM) salmon in the United States. This would be the first time the FDA approves a GM organism for human consumption.

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NEWS: Democrats Introduce Oil Tax Alternative

Reduction for Production: Bill Targets New Oil in the Pipe and Protects Alaska

JUNEAU – House and Senate Democratic legislators introduced legislation today to grant tax concessions to oil producers who put new oil into the pipeline. The bill (SB50, HB 111) targets tax incentives to new fields and to new development in existing fields, and it offers other incentives outside the tax code to spark new development.

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