...the bill could be voted on again. The measure must still be considered by the Senate.Sharon Leighow, a spokeswoman for Gov. Sean Parnell, said in an email Monday the administration is still reviewing the bill, but Parnell strongly supports...
JUNEAU -- The Senate Finance Committee on Tuesday released an oil tax plan that scraps progressivity as we know it. Instead of a progressive surcharge triggered when a company's production tax value hits $30 a barrel, the Senate proposal calls for a progressive severance tax that would be levied on gross production after royalties, and levied solely on oil, thereby decoupling oil and gas for tax purposes and addressing the current dilution effect on revenues when oil prices are high relative to gas.
JUNEAU - One of the big issues facing lawmakers this session will be how much to spend on immediate wants and needs and how much to save for the future. This isn't a new debate. In recent years, majorities in the House and Senate, as well as the governor, have each taken credit for socking away money while still passing robust spending plans. For some lawmakers, however, attempts at fiscal prudence haven't gone far enough.
Two close allies of former Gov. Sarah Palin are leaving state employment.
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