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.
- Walker said the state government risks spending all of its savings if it denies there’s a problem and hopes for oil prices to rise.
- The Republican-led Senate majority is more focused on cutting spending to close the state’s budget deficit than the new mostly Democratic House majority or independent Gov. Bill Walker.
- Alaska Native carvers and weavers say they're worried about the future of yellow cedar.
- Mark Anthony De Simone is accused of shooting 34-year-old Duilio Antonio “Tony” Rosales twice in the back of the head in May 2016.