Floor debate set to begin on oil and gas tax bill

first_imgThe House could begin debate on the bill scaling back tax credits for oil and gas companies as soon as Friday.Download AudioRep. Chris Tuck. Tuck says he will seek to amend House Bill 247. (File photo by Skip Gray/Gavel Alaska)The House Rules Committee released its version of House Bill 247 Thursday.The bill doesn’t initially go as far as Governor Bill Walker’s proposal to reduce tax incentives. But it would save the state a similar amount to Walker’s proposal, beginning in 2020.Anchorage Democratic Representative Chris Tuck says he will seek to amend the bill. The bill gives priority for incentives to companies that hire Alaskans. But Tuck wants to include contractors and subcontractors as well.last_img

Leave a Reply

Your email address will not be published. Required fields are marked *