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Walker: Nothing off the table in Alaska budget talks

...earnings reserve account.Increases in statewide costs, such as pension system payments, debt service, and oil and gas production tax credits, account for a large portion of the increases in the operating budget over the last nine years, the...
Voices of Alaska: The hard truth about our oil revenue

...plummeting by 80 percent in one year. At today's oil prices, that's Alaska's situation. The state's oil and gas production tax is expected to bring the state $524 million in the current fiscal year, a shocking drop from the $2.6 billion...
Alaska faces $3.5 billion deficit amid lower oil prices

...2017, up from the forecast 509,500 barrels per day for the current fiscal year.The expected drop in the oil and gas production tax is sharp, from $2.6 billion last year to about $520 million this year. The tax is expected to bring in...
District O candidates square off

...direction. Both were asked how they would vote on Ballot Measure 1, the referendum to repeal Senate Bill 21, the oil and gas production tax. Micciche said to stay competitive with other oil and gas producing states something had to be done and Alaska's...
"Closer Look" at the More Alaska Production Act

...with opinions and arguments on just what the More Alaska Production Act, as SB 21 has become known which is the oil and gas production tax passed by the legislature and signed into law by Governor Parnell, will or won't accomplish. A petition to...
ISER backs Revenue on tax impact

...on the university's Institute of Social and Economic Research website, as Web Note No. 17, "Alaska's Oil and Gas Production Tax: Comparing the Old and the New."While the new tax law might impose higher taxes on companies in some years...
Seaton, Diament debate the issues

...first question asked the candidates if they were comfortable with ACES, Alaska's Clear and Equitable Share oil and gas production tax, or would they support change to a system based more on investment or production.Believing ACES to be "a...
Energy issues to dominate 2010 legislative session

...controversial proposals that they voted for, like Palin's Alaska Gasline Inducement Act and her changes to the oil and gas production tax, may affect the outcomes of the open seasons. Other energy issues are high on the Legislature's priority...
90-day session hastens Legislature's work rate

...House Bill 308, Anchorage Republican Rep. Craig Johnson's bill that would roll the top tax rate in the state oil and gas production tax back to a level similar to what former Gov. Sarah Palin proposed in 2007. Palin's tax proposal was altered...
Crunch time in Juneau: With two weeks to go, tensions build in Capitol

...Some major legislative priorities appear to be falling by the wayside. An effort to reduce the tax rate in the oil and gas production tax appears already to be a casualty of the short 90-day session. Rep. Craig Johnson, R-Anchorage, has sponsored...


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