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State releases revenue forecast

JUNEAU - The state is expecting nearly $2 billion less in oil and gas production taxes this year, which Revenue officials say has more to do with lower-than-expected oil prices and declining production than with...
"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...
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...
Legislators wrestle with complexity of oil taxes

JUNEAU - Legislators in Juneau are moving toward key decisions on changing the state's oil and gas production taxes, the top priority for the 2013 legislative session aside from the budget.At this point the Senate version of the bill is in...
Analysis: 2013 a pivotal year for oil and gas

...and declining, North Slope oil fields, the Legislature will consider once again a reform of the state's oil and gas production tax. Gov. Sean Parnell argues the tax is too high compared with other producing regions and is impeding the industry...
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...
Oil, gas tax will boost revenues

Alaska legislators have approved increases in state oil and gas production taxes, a move expected to boost state revenues by an additional $1.63 billion this year. Alaska's state Senate passed the bill...
Democrats say oil tax is not curtailing investments

The gloves are coming off in a looming legislative fight over changes to Alaska's oil and gas production taxes. Democrats in the state House sharply criticized a series of advertisements calling for modifications of the tax sponsored by...
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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