After being criticized for rushing a bill into the special session this year that some considered ill-conceived, the Parnell administration is now seeking a consultant to advise it on oil taxes.
The Department of Revenue is soliciting proposals for a consultant to provide expert economic analysis. The consultant will be asked, among other things, to identify issues with the current oil and gas tax structure that might limit industry investment in the state and make recommendations for improving the existing system.
The budget for the work is estimated between $400,000 and $700,000.
Gov. Sean Parnell failed to get his tax-cut plans passed the Legislature during regular and special sessions this year and last. The proposal quickly put together before this year’s special session was criticized by lawmakers in both parties.
- There is just under a thousand tons of herring left to catch in the Sitka sac roe herring fishery after the last opening on Saturday.
- "Suddenly everything turned white," one student told local media. A mountaineering training exercise had drawn students and teachers from high schools across the region.
- House Bill 111 is the latest proposed tweak to the state’s oil tax system, one that supporters hope will get the state out of the business of writing checks to oil companies.
- Stuart DeWitt, Nick Davis and Joe Thompson were inducted into the Gold Medal Hall of Fame.