Contact the Governor
Frank H. Murkowski
Juneau Office
P.O. Box 110001
Juneau, AK 99811
907-465-3500 phone
907-465-3532 fax
State info 907-465-2111
Anchorage Office
550 West 7th Avenue, Suite 1700
Anchorage, AK 99501
907-269-7450 phone
907-269-7461 fax
State info 907-269-5111
Kenai Office
11312 Kenai Spur Hwy, Suite 2
Kenai, AK 99611
907-283-2918 phone
907-283-3037 fax
Mat-Su Office
877 Commercial Drive
Wasilla, AK 99654
907-352-2585 phone
907-352-2526 fax
Fairbanks Office
675 7th Avenue, Suite H5
Fairbanks, AK 99701-4596
907-451-2920 phone
907-451-2858 fax
Washington DC Office
444 North Capitol NW, Suite 336
Washington, DC 20001-1512
202-624-5858 phone
202-624-5857 fax
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Volume 1February 24th, 2006
Historic Oil Tax Legislation Proposed By Governor Murkowski.
After much anticipation, the Governor unveiled his oil tax legislation on Tuesday at a press conference in Anchorage.
Hearings on Governor Murkowski's oil tax legislation are now in full swing in Juneau in the House and Senate Resources
Committees. The last three days have included presentations from Administration representatives and additional hearings
are scheduled next week. Public testimony will occur on Saturday, February 25, so contact your local Legislative Information
Office for information on how you can participate in this important process:
http://w3.legis.state.ak.us/infodocs/howlio.pdf.
What about the merits of this needed oil tax reform measure?
- If passed, this legislation would provide $1 billion in added revenue to the state at current prices to pay for education, roads, public safety and other services which all Alaskans rely upon.
- Alaskans would finally get a fair share of oil tax revenue, compared to what the producers receive elsewhere in the world.
- The legislation provides incentives for new exploration and development - more exploration means more barrels in the pipeline and ultimately more jobs for Alaskans and revenue in the treasury.
And, keep in mind, the production tax is not the only tax paid by oil companies in Alaska. They also pay royalties,
corporate income tax and property tax.
This production tax provides needed revenue today and secures our economic future though facilitating development
of a gas pipeline contract. Tuesday's announcement was a great success - and a great step on the path to a bright
future for Alaska.
Visit the oil tax website for information on the bill. And check back often, new information is added daily:
http://www.gov.state.ak.us/oiltax/
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