3-25-17 Failing to balance the budget, Alaska democrats seek to increase taxes as thousands of private sector employees lose jobs!

Resource Development Council for Alaska alerts citizens to today’s hearing

For reference see the jim Janson (lynden CEO) speech here re: solve the fiscal crisis!

The House Finance Committee will take public testimony on the House Resources Committee Substitute for House Bill 111 (oil tax policy reform) tomorrow from 10:00 a.m. to 2:00 p.m. at your local Legislative Information Office. Remarks must be concise as testimony will be limited to two minutes. If you are not able to testify in person, please call 844-586-9085 for the call in number to deliver your testimony. For additional information on CSHB 111 and points to consider for your testimony, please see RDC’s Action Alert

For those who participated in earlier public hearings held by the House Resources Committee on HB 111, thank you! Given Saturday’s hearing is before a new committee, we need you again to express your opposition to the bill. For those who were unable to testify earlier this month, it is urgent you take this new opportunity to oppose the bill. Encourage your friends and colleagues to join you! 

If passed, CSHB 111 would raise the state’s petroleum production tax and increase the cost of doing business for both large and small North Slope producers. CSHB 111 represents the seventh oil tax law change in 12 years and the third since 2013.

Urge the committee to avoid changing oil tax policy again. We have a responsibility to let policy makers know that changing tax policy so frequently will impact investment decisions and lead to fewer jobs, less production, less revenue to the Permanent Fund, and lower state revenues over the long term. 

For a list of Legislative Information Office locations, visit: http://akleg.gov/lios.php

Thank you,
RDC

Calgary Herald

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2 Comments

  1. Ed O'Connor April 1, 2017 at 7:16 am - Reply

    Trivia question: When, where and who was the last government entity that taxed the constituents into prosperity?

    • wpnorthern April 1, 2017 at 7:34 am - Reply

      Thank you for the spot-on rhetorical question, Ed.

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About the Author:

Dave Harbour, publisher of Northern Gas Pipelines, is a former Chairman of the Regulatory Commission of Alaska, a Commissioner Emeritus of NARUC, NARUC's Official Representative to IOGCC and Vice Chairman of NARUC's Gas Committee. He served as Gas Committee Chairman of the Western Conference of Public Service Commissioners. He also served as commissioner of the Anchorage Bicentennial Commission and the Anchorage Heritage Land Bank Commission.He earned a Bachelor of Arts Degree: English, at Colorado State University,p a Master of Science Degree: Communications-Journalism at Murray State University and graduated from Utility Regulatory School for Commissioners at Michigan State University. He served as a Vice President for Communications and Public Affairs at Alaska Pacific University, taught bank marketing classes at the University of Alaska and was an English teacher at Los Alamos High School.Harbour served in ranks of Private - Captain during a 4-year assignment with the Army in Korea, Idaho, Georgia and Fort Meade and received the Meritorious Service Medal among other commendations.Harbour is also a past Chairman of the Alaska Council on Economic Education, the Alaska Oil & Gas Association Government Affairs Committee and the Anchorage Chamber of Commerce. He is a past President of the American Bald Eagle Foundation, Consumer Energy Alliance-Alaska and Common Sense for Alaska.He was instrumental in founding the American Bald Eagle Research Foundation, the Alaska Support Industry Alliance, the Downtown Anchorage Association, and Arctic Power.He also served as CEO of several small Alaska organizations, including the Anchorage Parking Authority and Action Security, Inc. Harbour is also Chairman Emeritus of the Alaska Oil & Gas Congress and past President of the Alaska Press Club. His wife, Nancy, is a professional, performing arts administrator and his three boys, Todd, Benjamin and William work in the fields of environmental management, energy marketing and medicine.
By | 2017-03-25T06:56:40+00:00 March 25th, 2017|Alaska Taxes, Alaska's Fiscal Crisis, Canadian Energy Policy|2 Comments