NEWS: Much Good and Some Bad in Governor Walker’s Line Item Budget Vetoes

Alaska state and flag Anchorage – Earlier today, Alaska Governor Bill Walker used his line-item veto power to cut $1.29 billion from the FY 2017 budgets. The veto includes $430 million in tax credit and other payments to the oil and gas industry down to the statutory minimum requirement of $30 million. The veto of the oil tax credit money is supported by members of the Alaska Independent Democratic Coalition (AIDC) in the Alaska House of Representatives.
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NEWS: Last Minute Assault on Public Education Hits School Children

Alaska state and flag Juneau – As the Second Session of the 29th Alaska Legislature reaches the constitutionally mandated end of session, lawmakers and advocates for a healthy K-12 public education system are reeling from a surprise cut to public education. On Tuesday night, the House and Senate Operating Budget Conference Committee slipped a $50 cut to the Base Student Allocation (BSA) into the proposed FY 2017 budget in violation of funding promised by state law.
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NEWS: Alaska House Passes Legislation to Roll-Back Many Unsustainable Oil Industry Subsidies

Alaska state and flag Juneau – Today, the Alaska House of Representatives approved House Bill 247 to significantly reform Alaska’s unsustainable oil tax credit subsidy system. The members of the Alaska Independent Democratic Coalition (AIDC) cautiously supported the legislation after participating in a bipartisan effort to amend the bill to dramatically increase savings and fix flaws included in previous versions of the bill.
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