NEWS: Pot Projected to Raise More Money than Flawed Oil Tax in the Near Future

Juneau – Projections from the Alaska Department of Revenue show that marijuana taxes, alcohol taxes, and hunting and fishing license fees will each raise more revenue than Alaska’s flawed oil production tax in two or three of the next four years. House Finance Committee member Representative Les Gara (D-Anchorage) says the projections are a clear indication that the Parnell-era oil tax law is broken and must be fixed.

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NEWS: House Finance Committee Bypasses Budget Savings and New Revenue by Continuing Unsustainable Subsidies for the Oil and Gas Industry

Rep. Les Gara

Juneau – Tonight, the House Finance Committee passed out House Bill 247 sponsored by Alaska Governor Bill Walker. The version of the bill approved by the committee is substantially different than the version of the bill put forward by Governor Walker. The new version of the bill includes less than half of the savings anticipated in the original bill.

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VIDEO: AIDC Press Availability

April 5, 2016 - Participants include AIDC Leader Rep. Chris Tuck (D-Anchorage), House Finance Committee member Rep. Les Gara (D-Anchorage), and House Health and Social Services Committee member Rep. Adam Wool (D-Fairbanks)

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