The proposal would cover state services for 12 months starting July 1 and includes a $2,700 Permanent Fund dividend but is subject to further negotiation.
"Alaska budget"
To help state budget, legislator proposes income tax: $20 for most Alaskans, more for those with upper incomes
The would tax Alaskans 2% of any annual income above $200,000. Any income tax could be automatically deducted from that year’s Permanent Fund dividend.
Looming state deficit encourages Alaska House lawmakers to quash budget additions
House legislators make few additions to their spending plan as they work through a second day of amendments.
Alaska lawmakers pitch ways to close budget gap from sales tax to cutting oil tax credits
A revenue forecast released last week estimated the state has a shortfall of more than $450 million heading into the next fiscal year.
Alaska legislators prepare to talk taxes after grim new oil revenue forecast
A proposed oil tax increase and a new statewide sales tax are in the offing for debate within the state Capitol.
Alaska House votes more funding to fix food stamp crisis, prevent budget trouble
The bill passed 38-1, with only Rep. David Eastman, R-Wasilla, opposed.