OPINION: Alaska needs to make deep cut in oil tax credits, and soon
By Rep. Jonathan Kreiss-Tomkins, Rep. Andy Josephson, and Rep. Ivy Spohnholz - Published Apr. 28, 2016 ADN
Read More →
Rep. Josephson’s Newsletter: Legislative Update: The Outstanding Issues
We are now 95 days into the second session of the 29th Legislature and there are still a number of issues that have yet to be resolved. These include the Omnibus Crime Bill (SB91), the Operating and Capital Budgets, a new plan for drawing from the Permanent Fund Earnings Reserve (SB128 & HB245), and a revision of our generous Oil and Gas Tax Credit System (HB247). At this time, most other legislation is essentially dead and the majority of the attention has been focused on these key issues. (Some bills, like the Campus Carry Bill could always resurface, however).
Read More →Rep. Josephson’s Newsletter: Legislative Update: Anchorage LIO & HB247
The end of the 90-day session is quickly approaching. Conference committees were appointed by both the House and the Senate earlier this week so we are now in the 24-hour rule. If you are not sure what the 24-hour rule entails here is a short video explaining the rule by journalist Jeremy Hsieh.
Read More →Rep. Josephson’s Newsletter: Important Reminders: PFD Application Deadline & Virtual Town Hall
If you haven’t done so yet, please don’t forget to apply for your 2016 Permanent Fund Dividend. The deadline to apply is 11:59 pm tonight, March 31.
Read More →Rep. Josephson’s Newsletter: Video Teleconference Thursday
So much happens in Juneau during the legislative session, and I want to make sure that I stay in good contact with you all even though I’m currently far away from the district.
Read More →Rep. Josephson’s Newsletter: House Bill 247 (Oil and Gas Tax Credits)
In the wake of extremely low oil prices (about $30 per barrel on the West Coast) and leveling off of production on the Alaska North Slope, the state has seen a sharp reduction in revenues from oil and gas combined with a drastic increase of tax credits to the industry.
Read More →