News

Amount of revenue, and "bundling" of tax proposals raise questions

by the Associated Press

Gov. Bill Walker's newly repackaged tax proposals have landed with a thud in the Alaska Legislature, with criticism over having all the pieces rolled together and questions about the overall impact. Sen. Mia Costello asked Revenue Commissioner Randall Hoffbeck why bother with this, noting that the package would address only a small portion of the estimated multi-billion dollar state deficit.

The first bill to come out of the Legislative special session may be one that streamlines handling of children in state custody. All the testimony yesterday [Wednesday] before the Senate Judiciary Committee supported passage of House Bill 200.

Legislature in special session picks up oil and gas tax credits

Alaska legislators have agreed to pick up where they left off on issues left unresolved when the extended session ended last week. Minority House Democrats tried unsuccessfully for a fresh start on tax credits. Critics said the issue has been well vetted and the committee process should be allowed to play out.

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Alaska women face a 67 percent earnings gap compared to men’s earnings

BP to Sell its Alaska Headquarters Building

BY Elizabeth Jenkins, KTOO - Juneau

BP announced yesterday [Monday] it's selling its midtown Anchorage building. In a statement, the company says the sale will "reduce costs and free up capital, allowing BP to focus on its core business." BP will become a tenant in the building rather than the owner. BP spokesperson Dawn Patience declined an interview request about the sale.

Governor Bill Walker calls special session after Legislators fail to adopt an operating budget

By Joaqlin Estus, KNBA  - Anchorage

Governor Bill Walker called for a special session last night minutes after Legislators adjourned. Legislators hadn’t approved an operating budget for the fiscal year starting July first.

From an Anchorage Police Department On Sunday, May 15, 2016 APD Officer Mitchel Veenstra was dispatched to respond to a vehicle that had rolled and caught on fire on Middlerock Road. It was reported that the sole male occupant of the vehicle had his arm trapped under the vehicle and could not get free. Thanks to the heroic acts of nearby citizens and Officer Veenstra, a life was saved on this day. See the video of the rescue here.

Governor warns Legislators lack of new revenues jeopardizes Alaska's prosperity; Proposal to cut tax credits for oil and gas producers moves in Legislature; Legislators pass criminal justice reform legislation; Elder concerned broadband access threatens cultural heritage

 Governor Walker says prolonged fiscal uncertainty mars Alaskan economic outlook 

By Joaqlin Estus, KNBA - Anchorage

 5/12/16

Lawyers say state could be on the hook for tens of millions of dollars over Anchorage Legislative offices. After a judge ruled the building's lease was illegal, Legislators opted to lease a mid-town building.

Myron Naneng, long-time head of the Association of Village Council Presidents, abruptly resigns amid allegations of misspent federal funds.

Alaska performer Jack Dalton arrested for alleged sexual abuse of a minor.

Statewide Native claims leader, lobbyist John Borbridge, Jr., a Tlingit from Juneau, died Tuesday. 

Legislators consider phasing out oil and gas tax credits over a period of years. Deciding on the tax structure is considered a hurdle that must be passed to make progress on the state budget and revenues.

Gov. Bill Walker will pick a Supreme Court Justice from among four nominees.

Sealaska, the for-profit Native regional corporation for Southeast Alaska, is getting back into seafood business with the purchase of a processing plant.

5/11/2016 Wednesday

A Legislative committee has passed a bill that would phase out most oil and gas tax credits and restructure Cook Inlet taxes.

As KTOO's Matt Miller reports, Gov. Bill Walker will appoint a new Justice to Supreme Court in the next few days. 

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