Anchorage Republican Sen. Cathy Giessel said, “I believe we have come to an agreement. We’re still working out details, but I feel very optimistic.”
"Geran Tarr"
Special session nears end without public progress on oil taxes
Senators want to allow companies to use losses to reduce the taxes they’ll have to pay in the future.
Far apart politically and geographically, lawmakers talk oil and gas taxes
Most senators met in Juneau for a floor session for the first time since the Legislature passed the budget on June 22. But most House majority members were out of town.
Alaska Legislature has nothing to show for two weeks after budget
Gov. Bill Walker asked lawmakers to consider a bill changing oil and gas taxes shortly after the budget vote, but they still decided to leave.
Senate to return to Juneau on July 10 to focus on oil and gas tax credits
The Senate majority wants to end the cash payments that oil and gas companies receive for tax credits, while the House wants to see companies pay more taxes.
Major progress eludes Alaska Legislature this week
The two chambers are still far apart on a bill that would make changes to oil and gas taxes.