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Hoffbeck talks gas line during confirmation hearing

...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.
State | AK legislature
Walker administration won't revisit SB21

...for a while to see if it does what it's supposed to do. I don't think there's any appetite to take on an oil and gas tax law in the near future."Sen. Pete Kelly, R-Fairbanks, said he was happy to hear the commissioner's response...
State | AK legislature
Gas line, marijuana things to watch this week in legislature

...criminal laws and otherwise playing a role in how legalization is implemented. Hearings this week start on Monday. Oil and gas tax creditsThe Senate and House Finance committees are set to get separate updates on the credit issue Tuesday. Walker, in...
State | AK legislature
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...
State | AK legislature
SB21 adds drops, not gusher in first months

...MAPA is working to increase oil production, the new structure's primary goal, said Dan Dickinson, a private oil and gas tax consultant and former tax director for DOR."I don't think it is correct to point to the flattening out in one year...
Local | SB21
Federal highway fund not worrying AKDOT solution - seems pretty simple, we'll be on this right as we get back," Begich said, adding that the current gas tax is not enough.A tracking feature on the U.S. DOT website indicates the Trust Fund is expected to zero out within the...
Senate Finance advances gas line bill

...that would be brought back to the Legislature for approval, as early as next year.The Senate Finance version sets a gas-tax rate at 13 percent of the gross value at the point of production beginning in 2022. The tax rate, together with royalty...
State | AK legislature
Draft proposes gas tax rate, subsidiary change

...JUNEAU - A draft version of the bill aimed at advancing a major liquefied natural gas project in Alaska would raise the gas tax rate over what Gov. Sean Parnell proposed and change the role of the Alaska Gasline Development Corp., or AGDC.A copy...
State | AK legislature
Legislature ponders buying one quarter of gas pipeline

...this week.If approved, the legislation will advance the project into engineering and design phases.Aside from the gas tax rate, the revised bill includes other significant changes from the original SB138.The new language removes the notion...
State | AK legislature
Senators propose 12-cent gas tax increase

...18.4 cents-a-gallon federal gas tax and 24.4 cents-a-gallon diesel...plan. That would move debate on a gas tax increase or some other revenue-raising...elections in November.Revenue from gas taxes and other transportation user fees...


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