Rep. Josephson’s Newsletter: Bringing Home Our Resources

Rep. Andy Josephson Getting more oil in the pipeline is a priority for me…but making sure the benefits of our oil wealth reach you is of equal priority. This means ensuring that money from oil taxes makes it back to our local communities. Companies Produce, We’ll Reduce- Naturally, Alaska’s future depends on getting more oil in the pipeline. This week the House and Senate Democrats delivered an alternative (HB 111) to the Governor’s Oil Tax Bill (HB 72). Unlike the Governor’s bill, the Democratic alternative aims to: (1) encourage oil production in new fields, (2) help get new oil out of existing fields, and (3) advance non-tax ways to encourage more oil production.
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BREAKING: Democrats Press Conference - Oil Tax Alternative

House and Senate Democrats to hold press conference today to introduce oil tax alternative WHAT: Democratic legislators Press Conference to introduce their oil tax alternative WHEN: 12:00 noon, Monday, February 11, 2013 WHERE: Butrovich Room, State Capitol TELECONFERENCE: From Juneau: 463-5009 Outside Juneau: 855-463-5009
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Rep. Kerttula’s Juneau Newsletter: Governor’s Give Away

Rep. Beth Kerttula Guv’s Oil & Gas Tax Bill is Bad for Alaska It seems like every year, the Legislature is largely consumed with oil and gas taxes. There’s a very good reason for that - those taxes provide for over 90% of Alaska’s general fund. This year is no exception. The governor has once again introduced legislation to give away our resources. I enjoy hearing from you, so please stop by the office, call, write or email.
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Rep. Petersen’s Report from the Capitol: Special Session Edition

Governor’s Oil Tax Bill Faces Skepticism; Sex Trafficking Bill Passes Dear Friends and Neighbors, The special session began on Wednesday, and on Friday the House Energy and Resources Committees began joint hearings on Governor Parnell’s proposed oil tax bill. We will be holding hearings twice a day every day except Sundays through at least next week and the Senate Resources Committee is also holding hearings. So far the committee hearings have not gone well for the governor’s bill and legislators on both sides of the aisle have expressed skepticism about this proposal.
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Rep. Lindsey Holmes’ Newsletter: Special Session Update

Special session began last Wednesday. The House and Senate both made quick work of passing HB 359, addressing the problem of sex trafficking. It is on its way to the Governor’s desk for signature. Both the House and Senate Resources committees began hearings last week on the Governor’s new oil tax bill, HB 3001. Based on the testimony of the Department of Revenue and experts working for the Legislature, the Governor’s new oil tax bill looks remarkably similar to his HB 110 from last year. The total estimated cost to the state is almost as much as in the old bill, and the biggest tax break in the new bill would not require any new industry investment or production. Despite hours of hearings in both the House and the Senate (including an all day Saturday hearing), there are still many unanswered questions about the bill.
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