The House could begin debate on the bill scaling back tax credits for oil and gas companies as soon as Friday.
The House Rules Committee released its version of House Bill 247 on Thursday.
The bill doesn’t initially go as far as Gov. Bill Walker’s proposal to reduce tax incentives. But it would save the state a similar amount to Walker’s proposal, beginning in 2020.
Anchorage Democratic Rep. Chris Tuck said he will try to amend the bill. The bill gives priority for incentives to companies that hire Alaskans. But Tuck wants to include contractors and subcontractors as well.