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Business News

...Commerce will host a joint luncheon at noon Sept. 23 at the Soldotna Region Sports Complex. Randall Hoffbeck, state revenue commissioner, will present "A Sustainable Future for Alaska." RSVP is required to 262-9814 or 283-1991. ? The...

http://peninsulaclarion.com/news/2015-09-15/business-news
News
Falling oil prices gouge state budget deeper

...Monday, as the price of West Texas crude oil dipped below $39 per barrel for the first time in six years, state revenue commissioner Randall Hoffbeck told the Alaska House Finance Committee that the decline is exacerbating the state's budget...

http://peninsulaclarion.com/news/2015-08-25/falling-oil-prices-gouge-state-budge
News
Construction, property tax proposal offered for gas project

...communities during the construction of a proposed major gas project and property taxes once gas starts to flow, state Revenue commissioner Randall Hoffbeck said.Municipal officials are reviewing the plan, presented at a recent meeting of a municipal...

http://peninsulaclarion.com/news/2015-09-30/construction-property-tax-proposal-o
News
Producers agree to $16.5 billion for PILT, impact payments on AK LNG project

...lieu of tax, or PILT, substituted for property tax payments in project infrastructure and property holdings, Revenue Commissioner Randall Hoffbeck told the Municipal Advisory Gas Project Review Board Wednesday in Fairbanks.The board consists...

http://peninsulaclarion.com/news/2015-09-24/producers-agree-to-165-billion-for-p
News
State looks for budget input

...weigh in on the issue before the state forms its final plan of action. Randall Hoffbeck, Alaska's Department of Revenue Commissioner, addressed area residents in a presentation called "A Sustainable Future for Alaska" during a combined Kenai...

http://peninsulaclarion.com/news/2015-07-21/alaskas-budget-deficit-to-be-address
News
Discussion begins on oil tax credits

...for this year but the program is still on the books and applications for credits are still being accepted, state Revenue Commissioner Randy Hoffbeck said.There is $500 million in the budget for the program and that's enough to pay for tax credits...

http://peninsulaclarion.com/news/2015-07-11/discussion-begins-on-oil-tax-credits
News
What others say: Walker pulls rug from under explorers

...the impact of Walker's decision will be on that project, but it's not likely to be positive.Consider what Revenue Commissioner Randy Hoffbeck told the Senate Finance Committee Back on Jan. 28 after Walker first flagged the issue of the tax...

http://peninsulaclarion.com/opinion/2015-07-05/what-others-say-walker-pulls-rug-
Opinion
Walker reduces amount available for oil tax credits

...in oil production. She said she looks forward to discussions on the credit issue and Alaska's fiscal future.Revenue Commissioner Randall Hoffbeck said the administration would be working on a package addressing credits that could be introduced...

http://peninsulaclarion.com/news/2015-07-01/walker-reduces-amount-available-for-
News
Walker seeks input to balance budget

...Pitney said. "The groups are diverse enough that a wide range of options will be used, we believe," she said.Revenue Commissioner Randy Hoffbeck said the usual outcome of exercises like this in the past is that a range of tools are needed to...

http://peninsulaclarion.com/news/2015-06-04/walker-seeks-input-to-balance-budget
News
House bill would access CBR by putting Permanent Fund earnings off limits

...money would be inaccessible and allow the CBR to be drawn from without the minority Democrats' support.Deputy Revenue Commissioner Jerry Burnett wrote in a May 19 email to Rep. Les Gara, D-Anchorage, that this year's appropriation for...

http://peninsulaclarion.com/news/2015-05-26/house-bill-would-access-cbr-by-putti
News

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