These cash-for-credits recipients used to be kept confidential, but a law passed in 2016 now requires that the state report them.
Alaska’s capital budget this year includes $7.3 million to plan the construction of an Arctic road system.
House, Senate agree that cash-for-credit system needs to go, but not much else.
House Bill 111 is the latest proposed tweak to the state’s oil tax system, one that supporters hope will get the state out of the business of writing checks to oil companies.
There’s a lot of excitement building about three big oil discoveries on Alaska’s North Slope. Caelus, Armstrong and ConocoPhillips all recently announced they’ve found huge new oil fields. But what does it take to prove an oil discovery?
New bill would up minimum tax rate on oil companies, cut state credits for operating losses.
Jim Musselman is an elephant hunter. Elephant fields, that is.