As lawmakers in Juneau consider changes to the state’s oil tax credit system, they’re facing stiff opposition from oil companies. Several industry representatives testified before lawmakers this week. Those representatives are calling the changes proposed in House Bill 111 a tax increase. And they also say it could affect their investment decisions.
Rashah McChesney
Daily News Editor
I help the newsroom establish daily news priorities and do hands-on editing to ensure a steady stream of breaking and enterprise news for a local and regional audience.
Walker peddles pipeline project to President Trump
After Trump was elected, Alaska Gov. Bill Walker sent the new president an infrastructure wishlist from the state. At the top of that list is the state-led $45 billion gasline project. But Alaska’s LNG project faces significant hurdles
New bill from House lawmaker would hike minimum tax on oil industry
Another bill proposing changes to the state’s oil and gas tax credit regime was released on Wednesday. This new bill, sponsored by Les Gara (D-Anchorage), would raise minimum tax on oil companies.
Lawmakers grill Alaska’s gasline corporation on its budget
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Renewed fight, but old arguments for lawmakers wanting to open ANWR for drilling
Activists descend on Juneau to lobby against opening the Arctic National Wildlife Refuge to drilling.
Latest oil tax credit bill off to a rough start in state House
New bill would up minimum tax rate on oil companies, cut state credits for operating losses.