By Rachel Woldholz, APRN - Anchorage
The scheduled debate on a bill overhauling Alaska’s oil and gas tax credits never happened on Wednesday.
Speaker of the House Mike Chenault (sha-NALT) pulled the bill, saying that it didn’t have enough votes to pass.
Members of the Republican-led House majority are unhappy with a provision of the bill that changes tax credits in Cook Inlet. But members of the Democratic minority also don’t like the bill. They say it’s too generous to industry.