NEWS: Zero Value Oil Tax Provision Hidden From Legislature In 2013
August 6, 2014
Representative Les Gara (D-Anchorage) said today the public should know the Parnell Administration never revealed a special interest provision in Senate Bill 21 that nets Alaskans nearly no production tax value, or even a negative worth for Alaska’s oil. “Negative or zero oil tax value on all future oil fields, and all fields after 2003, was never once mentioned in a legislative hearing before SB 21 passed,” Gara, a House Finance Committee member, said.
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