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Alaska Senate plans generic oil tax bill to start process

Anchorage Daily News online -- CHANGES: Committee process will sort out problems, solutions.

By BECKY BOHRER
Associated Press

Published: February 7th, 2012 09:34 PM
Last Modified: February 8th, 2012 07:24 AM

JUNEAU -- The Alaska Senate is planning to unveil a generic oil tax bill this week, leaving to the committee process the job of finding problems in the proposal and working out solutions.

Senate President Gary Stevens said Tuesday that senators didn't want to set "false expectations" by putting something into a bill and then changing it later.

He said the measure, expected to be introduced later this week, will include the existing method for splitting profits between the state and oil companies at periods of high oil prices.

Some of the senators who last year refused to act on Gov. Sean Parnell's tax cut bill

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Submitted Feb 08, 2012 By: Nitewolf

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REPLIES (newest first)

Eliano Champion Author Baltimore Posts:1,406 Points:275,725 Joined:Jun 2011	Message Posted: Feb 8, 2012 4:21:01 PM Ignore Eliano Report Abuse taxing is not a solution
humblepie Champion Author Toledo Posts:17,397 Points:2,011,270 Joined:Mar 2006	Message Posted: Feb 8, 2012 2:12:21 PM Ignore humblepie Report Abuse crap rolls downhill again...........
Vetteblu Champion Author Denver Posts:1,647 Points:469,415 Joined:Oct 2010	Message Posted: Feb 8, 2012 1:29:53 PM Ignore Vetteblu Report Abuse I'm sure this will get too complicated.
carnifolks Veteran Author New Jersey Posts:354 Points:352,385 Joined:Sep 2006	Message Posted: Feb 8, 2012 12:42:21 PM Ignore carnifolks Report Abuse sounds a little too hair triggerish
Hoporrene Veteran Author Mississippi Posts:262 Points:125,345 Joined:Dec 2011	Message Posted: Feb 8, 2012 12:37:42 PM Ignore Hoporrene Report Abuse How about they wait to see how everything plays out instead of wasting peoples time and energy.