NEWS: Revealed: Cost of “Ticking Time Bomb” in Latest Oil Giveaway Proposal

Up to 20% of barrels already slated for production would get extra breaks for new oil JUNEAU - According to the Department of Revenue’s draft fiscal note, one out of five barrels of oil the department already expects to see produced will receive extra tax breaks ostensibly for new oil under the latest Senate Finance Committee version of the governor’s oil tax proposal.
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NEWS: Democratic Leaders Applaud Senator Begich’s Remarks

Senator’s focus on education, Arctic and results well received JUNEAU – Today, Senate Democratic Leader Johnny Ellis (D-Anchorage) and House Democratic Leader Beth Kerttula (D-Juneau) released the following statements following U.S. Senator Mark Begich’s address to the Alaska Legislature.
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Rep. Kerttula’s Juneau Newsletter: It’s Time to Focus on Education; Also: Budget Public Testimony Next Week

Today is the 46th day of the 90-day session. We’re just past the half-way mark and still there hasn’t been an open discussion on how to improve Alaska’s schools. It’s high time we did so. Next week, you’ll have the opportunity to provide your opinion on the operating budget before the House Finance Committee. Also next week, U.S. Senator Begich will address the Legislature. See below for details. Thank you for reading my newsletter. I enjoy hearing from you, so please stop by the office, call, write or email.
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Rep. Kerttula Op-Ed: Oil tax reduction? Not before production

Rep. Beth Kerttula Alaska doesn’t have to be a company town to be a resource state. But to be a successful resource state, we must get our resources to market and get a fair return for selling them. That’s why Alaska Democratic legislators put forward a proposal to spark development of new fields, squeeze more oil from existing fields, and advance non-tax ideas for getting more oil out of the ground and into the pipeline. It’s simple: Production before reduction. Our bill puts Alaska first instead of giving away billions of dollars for nothing but promises and the status quo. If an oil company puts more oil in the pipeline than they are now, they pay less in taxes on that oil.
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