NEWS: Democrats Introduce Oil Tax Alternative

Reduction for Production: Bill Targets New Oil in the Pipe and Protects Alaska JUNEAU – House and Senate Democratic legislators introduced legislation today to grant tax concessions to oil producers who put new oil into the pipeline. The bill (SB50, HB 111) targets tax incentives to new fields and to new development in existing fields, and it offers other incentives outside the tax code to spark new development.
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Democrats Work to End Unlimited Campaign Spending

Legislation would make Alaska a leader in national effort to rein in big-money politics (JUNEAU) – Today, 13 House and Senate Democrats introduced legislation aimed at scaling back rules allowing corporations, wealthy donors, and unions to spend unlimited amounts of money, sometimes in the millions, to get candidates elected. Companion resolutions (HJR 33 and SJR 13) introduced today in the Alaska House and Senate call for a federal constitutional amendment to reverse the Citizens United case that opened the corporate and union campaign spending floodgates. A separate House bill would return Alaska’s right to limit corporate contributions by making corporations not considered “persons” for purposes of Alaska election law.
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