House raises stakes on oil tax

The version of the new oil tax the House passed last night has been sent on to the Senate. The bill would raise state revenues half a billion dollars more than the governor proposed when she called the special session – that’s about a billion
dollars more than the current tax structure. The bill is drawing praise from the governor, and is causing some rethinking in the Senate.

Dave Donaldson, APRN – Juneau /Duncan Moon, APRN – Anchorage