Tag: Bill Wielechowski
The governor's budget gets about half a billion dollars from the oil and gas industry, proposing deep cuts to the state's system of oil and gas tax credits.
The state paid out more than half a billion dollars in refundable tax credits this past year -- and gave up another half a billion in credits deducted from companies' tax liabilities. Download Audio
The State Senate voted 16 to 3 on Tuesday, Nov. 3, to buy out TransCanada and take a larger stake in the Alaska LNG gas pipeline project. Download Audio
At today’s prices, Alaska’s oil tax system can be compared to those of Norway, Russia, and Venezuela in terms of how much money it puts in state coffers. A plan introduced by the Senate finance committee today would change that. It’s a new version of the oil tax plan Governor Parnell introduced earlier this session.
Alaska lawmakers are being polled today to see if there is enough support to call themselves into special session to deal with the Coastal Management Program. Senate President Kodiak Republican Gary Stevens sent out the email to lawmakers. Senator Stevens was not available Wednesday, but Senate Majority Leader Anchorage Republican Kevin Meyer says if enough lawmakers agree, the session would be held next week on May 31 and would only take a day or two.