1-19-12 New Tax Bill Introduced

Comment.  Yesterday SB 167 appeared as a new bill though it appears to be the same decoupling bill (SB305) that Senators Bert Stedman (L) & Joe Paskvan (NGP Photos) sent to the Governor in 2010, and was subsequently vetoed by the Governor.  It appears to do nothing to improve Alaska's investment climate by reducing oil taxes, reducing progressivity, or increasing credits (like HB110).  Some are predicting that it could morph into the Senate's own version of an oil tax bill this session (eventually).        -dh