Overview of SB 21 – Governor’s Oil Tax Restructuring Bill

A quick look at the impacts and incentives in SB 21 – The Governor’s Oil Tax Restructuring Bill Senate bill 21- Oil Tax Restructuring After several attempts, Governor Parnell finally succeeded in making changes to Alaska’s oil tax structure with the passage of SB 21. What are the fiscal impacts? The Dept. of Revenue estimates ... Read More ...

End of Session Report From Juneau

The Alaska Legislature adjourned at 11:35 pm on Day 90 (April 14th) of a 90-day session. The Republican-led House, Senate and Governor achieved many of the goals they identified going into the session in January. Session Highlights: Operating Budget: With the spring revenue forecast significantly down from last fall, the legislature held the line on operating budget ... Read More ...

REALTORS® Urge Preserving Homeownership Tax Policies

As Congress pursues comprehensive tax reform it should focus on doing no harm to housing and America’s 75 million homeowners by maintaining current tax laws for homeownership and real estate investment, the National Association of REALTORS® said in testimony yesterday. NAR President Gary Thomas testified before the U.S. House Ways and Means Committee concerning Federal ... Read More ...