House Bill 272 “Student Loan Interest Reductions”
Currently Alaskans pay interest rates of roughly 7% and 8% for outstanding and new student loans. In contrast, used car loans are currently being issued by some lenders at 3% and less. Many Alaskans are struggling and Alaska has a history of losing those who obtain higher education degrees and job training to jobs outside of Alaska…
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House Bill 244 “Corporations Not ‘Persons’ in Elections”
“An Act providing that for-profit corporations and limited liability companies organized in this state are not persons for purposes of influencing the outcomes of public office elections, initiatives, referendums, or recalls.”
House Bill 244 will prohibit corporations from contributing to elections. This bill will amend state law that allows corporations to be recognized as persons and therefore contribute to campaigns with unlimited financial contributions…
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Note from Rep. Gara: Attempting a 99 Yard Touchdown Pass- Time to Push a Constitutional Amendment To $top Unlimited Campaign Contribution$ By Corporation$ & Billionaire$
This election season has been dominated by millions of dollars from unregulated “Super-PACS” – funded by billionaires and corporations because, well, the U.S. Supreme Court has ruled they can now make unlimited contributions.
Well, this might be crazy, but I think ideas – and not massive wealth by those corporations and billionaires who want to drown out your voice – should decide elections. Unfortunately, given a series of U.S. Supreme Court decisions, today the wealthiest people in the nation, corporations, and unions can now make unlimited contributions to support or defeat candidates.
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Democrats Work to End Unlimited Campaign Spending
Legislation would make Alaska a leader in national effort to rein in big-money politics
(JUNEAU) – Today, 13 House and Senate Democrats introduced legislation aimed at scaling back rules allowing corporations, wealthy donors, and unions to spend unlimited amounts of money, sometimes in the millions, to get candidates elected. Companion resolutions (HJR 33 and SJR 13) introduced today in the Alaska House and Senate call for a federal constitutional amendment to reverse the Citizens United case that opened the corporate and union campaign spending floodgates. A separate House bill would return Alaska’s right to limit corporate contributions by making corporations not considered “persons” for purposes of Alaska election law.
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Rep. Gara Calls for Better Alternative to Gov’s Oil Bill; Alternative requires new Alaska exploration and production
Today Democratic Representative Les Gara called for a hearing on his oil tax legislation. Unlike the governor’s bill which gives away revenue for nothing in return, Rep. Gara’s “Alaska Oil Production Enhancement Act” (HB 231) requires oil companies to make new investments in Alaska before receiving incentives.
“Alaska is a sovereign state. We should act like one. The Governor’s bill gives companies the option to take $1.8 billion a year outside Alaska. Our bill requires that companies invest in Alaska, on development projects, that will open new fields and heavy oil to production to qualify for the incentives we offer,” said Gara.
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