The House Rules Committee released its version of House Bill 247, which scales back tax credits for oil and gas industry, on Thursday.
Politics
Bank threatens to sue the state for $28M over Anchorage LIO move
If lawmakers abandon their lease of the Anchorage LIO, the bank holding the developers’ debt says it will sue for up to $27.5 million.
Representative, lobbyist argue whether ending tax credits is a money grab
Alaska Oil and Gas Association President and CEO Kara Moriarty said the House Rules Committee substitute bill would be disastrous.
Anchorage Assembly tells legislators to keep LIO downtown
The Anchorage Assembly passed a resolution asking lawmakers not to move its office out of downtown. Lawmakers are considering moving to the Wells Fargo building in the Spenard neighborhood.
After 4 days of debate, House adopts criminal justice overhaul
The House and Senate will likely form a conference committee to resolve the differences between the chambers’ different versions of the bill.
For first time, Cook Inlet oil and gas lease sale has no bidders
“Companies are looking to make investments, they need some degree of certainty, and there is nothing but uncertainty right now in the Alaska oil and gas industry,” an AOGA representative said.
Trump In Triumph: The Man Who Wasn’t Welcome In The Game Takes Home The Prize
Trump’s megawatt personality immediately became a magnet for viewers on TV, as did his browbeating battles with rivals and news moderators. Even without debates, Trump was seen everywhere on-screen.
Bernie Sanders Says He’s Staying In And It’s ‘Good For The Democratic Party’
The Vermont senator tells NPR he will stay in until June, despite the likelihood of Hillary Clinton being the Democratic nominee.
Indiana Primary: Trump Beats Cruz, As Democratic Race Is Too Early To Call
Ted Cruz suffered a brutal loss to Donald Trump, while the Democratic fight between Hillary Clinton and Bernie Sanders is close.
Legislature OKs up to $12.5M for Wells Fargo building in Anchorage
The council turned to the Wells Fargo building after Gov. Bill Walker threatened to veto $32.5 million the council planned to spend to buy the Anchorage Legislative Information Office.