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Post by Logan on May 14, 2016 11:46:33 GMT -6
Weary Alaska House breaks through oil tax gridlock, passes bill to SenateA bipartisan coalition of House Democratic minority and Republican-led majority members passed a wide-ranging oil tax bill Friday that sharply scales back companies’ cash subsidies and tax deductions, sending the legislation to what could be a skeptical Senate. The passage of House Bill 247, by a vote of 25 to 12, came in spite of opposition from House Speaker Mike Chenault, R-Nikiski, and one of his allies in the Republican leadership, Anchorage Rep. Craig Johnson. The oil tax bill that came to the floor Friday was a 36-page version of legislation originally sponsored by Gov. Bill Walker but rewritten by the House Rules Committee — chaired by Johnson — to include narrower changes to the state’s tax regime, phased in more slowly. But the rules committee’s version of the bill was immediately transformed by a 60-page amendment from Republican Reps. Paul Seaton, a moderate from Homer, and Tammie Wilson, a conservative from North Pole, who brokered a compromise with the minority Democrats. Read more: www.adn.com/article/20160513/weary-alaska-house-breaks-through-oil-tax-gridlock-passes-bill-senate
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