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Resource committees hold hearing on peninsula

...hearing: Overview of Alaska's oil and gas tax credits regime, held at the...Revenue II) Presentation on Oil and Gas Tax Credits by Enalytica III) Presentations...businesses participating in the oil and gas tax credit program a. Caelus Energy...

http://peninsulaclarion.com/news/2015-06-15/resource-committees-hold-hearing-on-
News
Voices of Alaska: State's financial dialogue must continue

...operating losses with less than 20 percent going toward exploration.Money for the repurchase of credits comes from an oil and gas tax credit fund. A formula establishes how much money is appropriated to the fund each year. This year, that amount...

http://peninsulaclarion.com/opinion/2015-07-14/voices-of-alaska-states-financial
Opinion
Walker reduces amount available for oil tax credits

JUNEAU - Gov. Bill Walker is limiting the amount available to pay for oil and gas tax credits this fiscal year, saying Wednesday that no sector of the state would be untouched by Alaska's current budget situation...

http://peninsulaclarion.com/news/2015-07-01/walker-reduces-amount-available-for-
News
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...

http://peninsulaclarion.com/news/2015-03-26/legislative-finance-director-paints-
News
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...

http://peninsulaclarion.com/news/2015-03-13/alaska-house-advances-operating-budg
News
Buccaneer sells assets; wants $20M from state

...to 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...

http://peninsulaclarion.com/news/2014-11-04/buccaneer-sells-assets-wants-20m-fro
News
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...

http://peninsulaclarion.com/news/2014-10-23/navarre-asks-citizens-to-keep-an-ope
News
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...

http://peninsulaclarion.com/news/2015-01-29/consultants-suggest-possibly-revisit
News
ACES battle looms

...Wagoner, a member of the Republican minority, said that the Senate's version of Gov. Sarah Palin's proposed oil and gas tax bill is taking a wrong path, and that differing opinions among members could erupt when the measure goes to a final...

http://www.peninsulaclarion.com/stories/110207/news_3327.shtml
News
Special session looms

...session of the Legislature convenes in Juneau to discuss Gov. Sarah Palin's proposals for revising the state's oil and gas tax structure, lawmakers from the Kenai Peninsula were expressing reservations about how much can be accomplished in such...

http://www.peninsulaclarion.com/stories/101607/news_4252.shtml

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