The Joint Senate and House Resources Committee heard an update on the Alaska LNG Project. The Walker administration introduced the Alaska Gasline Development Corporation’s (AGDC) new State-owned model that may reduce project cost and the three major North Slope oil producers offered their perspectives on the project.
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Juneau – Today, the Alaska House of Representatives adjourned the Fifth Special Session of the 29th Alaska Legislature. Lawmakers were unable to reach consensus on the components of the fiscal plan proposed by Alaska Governor Bill Walker. Despite the setback, the members of the Alaska Independent Democratic Coalition (AIDC) remain committed to finding acceptable solutions to close the budget gap that can garner approval from the Governor, the Alaska Legislature, and the people of Alaska.
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Hope you’ll get out and enjoy your 4th of July weekend! Below are activities happening around town. While there weren’t many legislative hearings this week, the House and Senate Resources Committees met in a joint meeting to receive an important update on the AKLNG Project.
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It’s been a chunk of time since the last newsletter. My, my, what has since transpired.
All of us, the entire State of Alaska, are peering into an inky black fiscal abyss. Earlier today, Governor Walker vetoed a bunch of budget line items, scolding the legislature for a job undone.
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Juneau – The members of the Alaska Independent Democratic Coalition (AIDC) have consistently insisted that any plan to address Alaska’s ongoing fiscal crisis be comprehensive in nature and include reform to our flawed oil and gas subsidy system that is costing the state hundreds of millions of dollars. House Bill 247 remains the linchpin to a successful fiscal plan, yet the Conference Committee has not met during the 4th Special Session of the 29th Alaska Legislature. House Resources Committee member Representative Geran Tarr (D-Anchorage) represents the AIDC on the Conference Committee and is the only member of the conference committee that originally voted yes on the compromise House bill that passed with bipartisan support.
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