NEWS: House Resources Committee Misses Opportunity to Help Close $4 Billion Budget Gap

Rep. Geran Tarr Juneau – Much of the savings associated with Governor Bill Walker’s proposed reform to Alaska’s flawed and overly expensive oil and gas tax credit system has been lost because of the actions of the House Resources Committee. House Bill 247 was passed out of the committee tonight. The original bill was significantly altered by members of the House Majority to remove $450 million in savings and new revenue.
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Rep. Claman’s Newsletter: Cash Flow Restructuring Models

Claman's Alaska Matters Now that the House and Senate have both passed an operating budget, the next question is “How do we fund state government?” We did not look at cost savings and revenue generation at the same time, which means we have a lot of work to do with only 30 days left in the session. West Anchorage constituents have told me that we can’t kick the can down the road and hope that the price of oil goes up. We need a responsible action plan for Alaska—and we need it this year.
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