NEWS: New Report Questions Wisdom of Large Oil and Gas Tax Credits

Alaska state and flag ANCHORAGE – A new report from the Alaska Department of Revenue shows a substantial negative effect on the finances of the State of Alaska from large oil and gas tax credits. The report concludes that North Slope oil and gas production tax credits may be an inferior investment for Alaska compared to investing in the Constitutional Budget Reserve Fund.
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Rep. Wool’s Newsletter: Legislative Session Adjourns: The Good, The Bad, and The Ugly

Rep. Wool Newsletter My first session as your representative in the State House finally ended on Thursday. This isn’t the first time that session has gone into overtime, but it was the longest extension in a while. There used to be no set length, it just ended when everything was finished or when fishermen and farmers had to go back to work. I don’t think there are many fishermen or farmers in the legislature right now, but some do have regular jobs during the year, myself included.
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NEWS: GOP Ignoring Oil Tax Credit Spending Cap

Alaska state and flag 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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Rep. Claman’s Alaska Matters: ISOs, Marijuana, and Community Updates

Claman's Alaska Matters A goal for both the Legislature and the Walker-Mallot Administration is delivering affordable energy to all Alaskans. Alaska is a resource rich state, yet the cost of energy is very high in Fairbanks and many rural communities. Of course, keeping consumer costs down and affordable in Anchorage will always be a top priority. Here in Juneau, we’ve been learning about an innovative way to address Railbelt electricity costs that I would like to share with you.
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