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Tag Archives: gov bill walker

Portion of expected tax credits included in budget

JUNEAU, Alaska (AP) — The budget passed by the Alaska Legislature covers a portion of the tax credits the state expects for the coming fiscal year. The Department of Revenue has estimated that next year the state will owe $775 million to companies with no tax liability, which are typically smaller companies developing and exploring on the North Slope and ...

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Alaska legislators head into overtime with big issues unresolved

JUNEAU, Alaska (AP) — The Alaska Legislature went into overtime Monday as it continued to wrestle with how to confront an estimated $4 billion state budget deficit. House Speaker Mike Chenault said legislative leaders planned to keep working past the voter-approved 90-day session limit in the hopes of reaching a compromise on outstanding issues, like oil and gas tax credits, ...

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The Latest: Alaska legislature OKs gas line board appointees

JUNEAU, Alaska (AP) — The Latest on issues the Alaska legislature is handling during its final days of session (all times local): 3:50 p.m. The Alaska Legislature has confirmed Gov. Bill Walker’s three appointees to a board involved in advancing a major gas project in the state. Lawmakers narrowly confirmed the appointment of former Fairbanks North Star Borough Mayor Luke ...

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Gov. Walker reiterates call for budget plan amid dour forecast

JUNEAU, Alaska (AP) — A dour revenue forecast brought with it a warning from Gov. Bill Walker that state legislators need to deliver a plan to address Alaska’s multibillion-dollar deficit this year or face a special session. Legislative leaders say Walker has a role to play, too, in building support for his proposals. House Speaker Mike Chenault, R-Nikiski, said it’s ...

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