Rep. Tuck’s Community Connection: Public Testimony Opportunities: Oil Tax Proposal; Constituent Meeting

The House Finance Committee will be holding its first public hearings on the Governor’s oil tax bill (HB 110) this Thursday and Friday. This proposed bill would give more than $10 billion over the next 5 years to the oil industry in a bid to get more oil in the pipeline. I am very supportive of more oil production and more jobs for Alaskans. However, information discovered during review of HB 110 has raised serious questions about the best way to spur more oil production and jobs. Below is a longer discussion of the oil tax issue.
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Rep. Kawasaki’s Juneau Note: Meeting Fairbanks Families; HB110 Public Testimony;

I will host my second and final constituent meeting this Saturday, March 26th. This will be the final time we will be able to meet until the end of session to have a dialogue on Alaska’s future. There is a lot going on down here in Juneau and you can provide valuable input that I can take back to the Capital. The operating budget has moved to the Senate Finance Committee where they are hearing public testimony.
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Rep. Petersen’s Report from the Capitol: Working for Lower Gasoline Prices; Turning Garbage into Energy; Anchorage Caucus Meetings; and House Finance Taking Testimony on Oil Tax Bill

Gasoline prices are back in the national news, but in Alaska high gas prices have been an issue that hasn’t gone away. Since 2008 Alaskan gas prices have consistently been the highest in the nation, excluding state taxes, even though we produce more oil per capita than any other state. It didn’t use to be this way, as early as March 2007 Anchorage actually had the lowest gas prices of any city in the country.
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