Rep. Claman’s Newsletter: Special Session and AK LNG Project Update

Claman's Alaska Matters One week in to the third special session, and our time in Juneau has been focused on reviewing the complexities of the AK LNG pipeline project. The Governor called the Legislature into this special session to consider the buyout one of our partners in the project, TransCanada. Under the terms of our state’s agreement with TransCanada, the deadline for exercising the buyout option is December 31, 2015. I have learned a great deal about AK LNG since arriving in Juneau and want to share some of the more helpful presentations with you in this newsletter.
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NEWS: Democrats Disappointed GOP Leadership Bypassing Budget Savings

Alaska state and flag ANCHORAGE – Tuesday, the Chairman of the Alaska Legislative Council officially signed binding legal agreements with two law firms to continue a lawsuit against Alaska Governor Bill Walker over his decision to accept federal funding to expand Medicaid eligibility in Alaska. By signing the larger of the two contracts, the Alaska Legislature must immediately pay $100,000 to a Washington D.C. advocacy law firm.
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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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