Alaska Officials Aim To Get Oil Tax Legislation Passed This Spring

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By Matt Buxton - Fairbanks Daily News-Miner / mbuxton@newsminer.com

Story Created: Dec 6, 2012 at 8:39 AM AKDT

Story Updated: Dec 6, 2012 at 8:40 AM AKDT

FAIRBANKS - Alaska Department of Revenue Commissioner Bryan Butcher said the governor plans to have oil tax legislation ready for the start of the legislative session and passed by the time lawmakers gavel out in April.

In a speech to the Alaska Support Industry Alliance chapter meeting in Fairbanks on Tuesday, Butcher said a new slate of elected officials in Juneau will make passing oil tax changes easier.

Butcher stayed away from specifics of what Gov. Sean Parnell’s tax plan, but said the administration is open to discussing a slew of options to boost oil production with a Legislature where both bodies are now solidly in the hands of Republicans for the first time in years.

“There’s all kinds of levers and we were ready to discuss all of the levers to work through what was best for everybody for what the consensus would be but we never had that opportunity,” he said. “When I look at the next two years, I look at a Legislature that we would be able to present the plan and hear from the parties affected by it both positively and negatively and work through what makes the best sense for the state.”

The now-defunct Senate Bipartisan Working Group took flak from Butcher for failing to pass oil tax legislation. A special session ended abruptly when Parnell yanked his oil tax legislation after it ran up against skepticism from Republican and Democratic senators.

The new Republican-led Senate has made it a priority to address oil taxes and has even formed a committee specially designated to address with throughput decline.

“I’m so excited about the new Legislature,” Butcher said. “I don't think anybody expects a rubber stamp. I think everybody is interested in what makes the most sense. Great, we couldn't ask for any more than that.”

Contact Fairbanks Daily News-Miner staff writer Matt Buxton at 907-459-7544 or follow him on Twitter: @FDNMpolitics.

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lawdawg said on Saturday, Dec 8 at 8:24 PM

we need a federal protologist to crawl up every orphas of these "oil deals" and make sure funds are dispersed properly...

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Earl Richards said on Friday, Dec 7 at 6:32 AM

I have no problem in seeing what Big Oil is up to. There is $16 billion in the Budget Reserve, so when Parnell, the Senate and Big Oil get their $2 billion per tax giveaway, the Budget Reserve will be depleted in eight years. The GOP, Parnell and Big Oil are a bunch of morally, bankrupt jerks.

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well how's Erik doing? said on Thursday, Dec 6 at 11:10 AM

next time you do favors for toad make sure I don't get copies of it...and drag you to federal court... if I was like them you would lose everything...but lucky for you I am a teacher and healer not a killer! Might want to rethink the nature of such associations - ask your doctor... Better to be alone then part of a crowd sometimes!

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Erik said on Thursday, Dec 6 at 10:06 AM

I can't wait to pin the results of this to Republicans.

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