NEWS: New Report Questions Wisdom of Large Oil and Gas Tax Credits
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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NEWS: Rep. Kawasaki Celebrates Fairbanks Parks
Since 2014, Rep. Kawasaki has hosted a series of picnics across the city to celebrate the more than 60 free public parks maintained by the Fairbanks North Star Borough.
“We are privileged to live in such a beautiful and scenic place,” said Rep. Kawasaki. “Join me at your local neighborhood park. Bring the family, enjoy a barbecue and share ideas and concerns on how to make Fairbanks a better place to live, work and raise a family.”
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NEWS: Alaska Independent Democratic Coalition Negotiates Compromise Budget Deal to Avert Government Shutdown
ANCHORAGE – The Alaska Independent Democratic Coalition compromise with the Majority leadership in the House and Senate today enabled the Alaska Legislature to pass an operating budget for Fiscal Year 2016 that prevents a government shutdown at the end of the month.
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NEWS: GOP Ignoring Oil Tax Credit Spending Cap
ANCHORAGE – Today, the Alaska Independent Democratic Coalition released a memo from the Alaska Department of Revenue showing the Republican-proposed budget spends $600 million more on oil tax credits than provided for under Alaska’s statutory cap on credit payments.
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NEWS: Alaska Independent Democratic Coalition Ready to Work to Solve Budget Impasse
ANCHORAGE – Today, Governor Walker announced his intention to veto the portions of House Bill 72 that deal with fiscal year 2016. This is due to the fact that the House and Senate Majorities passed a largely unfunded budget, which could result in a shutdown of state government beginning in July.
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