ANCHORAGE – The Alaska Independent Democratic Coalition compromise with the Majority leadership in the House and Senate today enabled the Alaska Legislature to pass an operating budget for Fiscal Year 2016 that prevents a government shutdown at the end of the month.
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Budget negotiations continue to dominate the discussion as the Legislature works through its second Special Session of the year. Last Friday, the House Independent-Democratic Coalition and the House Republican Majority reached a compromise that passed the House by a 38-2 vote. Over the weekend, however, the Senate failed to agree with the House bipartisan budget, forcing further negotiations.
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ANCHORAGE – Today, the Alaska Independent Democratic Coalition released a memo from the Alaska Department of Revenue showing the Republican-proposed budget spends $600 million more on oil tax credits than provided for under Alaska’s statutory cap on credit payments.
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ANCHORAGE – Today, Governor Walker announced his intention to veto the portions of House Bill 72 that deal with fiscal year 2016. This is due to the fact that the House and Senate Majorities passed a largely unfunded budget, which could result in a shutdown of state government beginning in July.
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JUNEAU – The House Democratic Independent Coalition and the Senate Democrats will be holding a press availability at 1pm, TODAY, at the Anchorage LIO to discuss the disappointing lack of progress in the special session and to announce a plan of action for public hearings.
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