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Legislative Finance director paints sobering budget picture

...would have to cut $1 billion from programs like Medicaid, education, debt service, retirement system payments and oil and gas tax credits - plus eliminate agencies and non-formula programs, Teal's division wrote in a report earlier this year...
Alaska House advances operating budget with broad cuts

...Medicaid expansion that had been stripped by the House Finance Committee, an attempt to limit the money available for oil and gas tax credits in the coming year and a bid to add back early childhood education funding. The House began debating the bill...
Hoffbeck talks gas line during confirmation hearing

...state needs to look at such things as broad-based taxes, making changes to fee structures and perhaps revisiting oil and gas taxes.The committee forwarded his nomination to a joint session of the Legislature for consideration.
Officials: Parties moving ahead on Alaska gas project

...Friday.Sen. Bill Wielechowski, D-Anchorage, asked if the state should expect the companies to ask for cuts in oil and gas taxes. The state overhauled its oil tax system in 2013, a move supported by the industry.Van Tuyl said the changes made...
Buccaneer sells assets; wants $20M from state compel the state to pay tax credits it claims it is owed under the Alaska's Clear and Equitable Share (ACES) oil and gas tax system Oct. 30 in U.S. Bankruptcy Court for the Southern District of Texas.Buccaneer's domestic subsidiary...
Consultants suggest possibly revisiting Cook Inlet credits

...lawmakers to examine their approach to creating incentives for oil and gas development from Cook Inlet.The issue of oil and gas tax credits received renewed attention earlier this month, when Gov. Bill Walker wrote an opinion piece that said Alaska...
Navarre asks citizens to keep an open mind

...was seeing deficit spending, which dipped into the reserves, he said. By building the reserve fund along with the oil and gas tax base increase, the borough has built a surplus, which allows the opportunity to reduce taxes, he said."We don't...
Parnell unveils new plan for gas pipeline company estimates. The companies have repeatedly said they need competitive, predictable and durable terms on oil and gas taxes and royalties but also have indicated they are open to having the state take an equity position.Natalie Lowman...
Official: Alaska eyeing equity stake in pipeline

...haven't committed to building it and have repeatedly said they needed competitive, predictable and durable terms on oil and gas taxes and royalties.Alaskans have long dreamed of a gas line as a way to create jobs, provide energy for residents and...
Proposition 1 will provide tax relief for resident homeowners which are already taxed at the state imposed maximum of 20.0 mils. Proposition One will return more oil and gas taxes from the state to the borough with no tax increase for anyone. Proposition One will achieve a fair, equitable and...


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