Rep. Tuck’s Community Connection: The Real Story - North Slope Jobs and Investment are Rising Under ACES
The Legislature continues to rush forward with the governor’s massive and ill-conceived giveaway of Alaska’s oil wealth at a frantic pace, hoping to get the bill passed before the 90 day session concludes on April 14. As I have stated before, this bill will give billions of dollars from the state treasury to the wealthiest and most profitable corporations in the world - with no promise or guarantee of increased production or investment in Alaska.
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Rep. Tuck’s Community Connection: Record Industry Profits, Strong State Savings - Tomorrow is the Time to Speak Out
Dear Neighbors,
This is the first in a series of newsletters about Senate Bill 21, the major re-write of Alaska’s oil tax system that is being hurried through the legislature in the last days of session. As it stands now, the proposal is a massive and ill-conceived giveaway of Alaska’s oil wealth with no clear connection to increasing oil production.
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Rep. Tuck’s Community Connection: You Deserve the Truth!
Dear Neighbors,
In the middle of the night, shortly after 2 am in the morning yesterday, the House Resources Committee prematurely rushed out a bill intended to give away a massive share of Alaska’s wealth to the oil industry.
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NEWS: Giveaway changes: More Money, More Power to Oil Companies
Late Night meeting increased size of giveaway, repeats past mistakes
JUNEAU – Just after 2:00 a.m. this morning, the House Resources Committee voted to give away more of Alaska’s oil wealth with no guarantee of new production and to make the state rely on oil company statements instead of actual receipts when auditing deductions for tax breaks. The committee also tried to undo hard-won provisions that allow the oil companies that own the Trans Alaska Pipeline (TAPS) to charge the state and other companies for all of their expenses, not just the “reasonable” expenses allowed under current law.
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NEWS: Democrats Push Permanent Fund Dividend Protection In Light Of Oil Giveaway
JUNEAU - Today eight Democratic legislators filed legislation to protect the Permanent Fund Dividend by placing the current dividend formula in the Alaska Constitution. With GOP leaders pushing an oil giveaway that is likely to cost Alaskans upwards of $1 billion or more a year, future legislators are likely to start cutting the Dividend to fund state revenue. To protect against attempts to spend the Dividend in tight economic times, former Governor Jay Hammond proposed an initiative in 2002 that would have enshrined the Dividend in the Constitution, but Lt. Governor Loren Leman rejected it as not able to be done by initiative.
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NEWS: Democrats Offer Improvements to Small Gasline Legislation
Amendments would ensure low-cost gas, add accountability, provide maximum benefit to Alaskans
JUNEAU - Tonight, in an effort to add much needed accountability and assurances Alaskans will get low-cost gas and the maximum benefit from a small diameter gasline, Democratic legislators in the Alaska House of Representatives offered a series of amendments to the gasline’s enabling legislation.
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