The plan was introduced by Gov. Sean Parnell, and it comes in response to the closure of the Flint Hills oil refinery. It originally applied to the Petro Star refineries in Valdez and North Pole and the Tesoro refinery in Kenai, but was amended yesterday to include the shuttered Agrium fertilizer plant in Nikiski.
The bill allows each of those facilities to secure an tax credit or payment of $10 million a year if they spend $25 million on tangible assets.
Supporters of the bill argue it’s necessary to keep the refineries running because of the jobs they provide and their importance to the state’s military bases. But some Democrats have characterized the bill as a bailout, and they unsuccessfully tried amending the bill so that the money would be given out as loans instead.
The bill passed today on a 35-5 vote. Anchorage Democrats Les Gara, Harriet Drummond, and Andy Josephson opposed the bill, along with Juneau Democrat Sam Kito III and Eagle River Republican Lora Reinbold. It still needs to be approved by the Senate.
- During a brief layover Wednesday in Ketchikan on her way to Sitka, Alaska’s Sen. Lisa Murkowski talked about the state’s Republican primary campaign, and about the presidential election.
- More Alaskans are driving electric cars. The same is true for California, Oregon and Washington state. But many people continue to consider the vehicles as too small, difficult to use and no more than a novelty.
- Master Gardener Ed Buyarski reminds us to ventilate our greenhouse, harvest our garlic and raspberries, deadhead any finished flowers, and eradicate all slugs.
- AT&T's announced plans to upgrade the network by summer of 2016 have stalled. And people in Skagway have noticed, as they slog through another summer of cell phone problems.