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.
- Alaska Airlines pilots have reached a breaking point in negotiations with the company, and now have plans to picket outside Ted Stevens Anchorage International Airport. The pilots plan to picket starting at 1 p.m. Monday outside the airport in Anchorage.
- Jenkins was taking a practice run through the class four rapids when a bystander filming the event, noticed another participant, Daniel Hartung, 64, of Indian Valley, flipped out of his kayak and became pinned under a log.
- The Tazlina is the first of two new Alaska Class ferries that the Ketchikan Vigor Alaska shipyard is building for the state. Its two halves are complete and welded together, and shipyard workers are busy getting interior spaces done.
- The Alaska Marine Highway is taking reservations for October through April sailings. The schedule changed so the Matanuska can get new engines.