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GasBuddy News Article

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Senate passes oil tax reform bill

Anchorage Daily News online -- Measure offers 30 percent discount on taxes for bringing new fields on-line.

By RICHARD MAUER
Anchorage Daily News

Published: April 15th, 2012 12:30 AM
Last Modified: April 15th, 2012 07:27 AM

JUNEAU -- The Senate on Saturday grabbed a modest, slow-moving bill encouraging petroleum drilling in the state's Interior, boosted it to the top of its agenda and stuffed it with a key piece of the oil tax reform it had been unable to pass in a much larger bill.

By 6 p.m., the bill, now a stripped-down version of the tax measure that struggled in the bipartisan caucus since Wednesday, passed the Senate floor on a strong 17-3 vote, with all 10 Democrats and seven Republicans voting in favor.

Rather than the broad the tax reform the Senate attempted but couldn't accomplish, the measure was


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Submitted Apr 15, 2012 By: Nitewolf
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REPLIES (newest first)
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roadrunnin
Champion Author Richmond

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Message Posted: Apr 15, 2012 8:16:23 PM

hope they can still operate with low income
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36_ACRES_4_SALE
All-Star Author Appleton

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Message Posted: Apr 15, 2012 7:25:48 PM

:-p
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hubie24
Veteran Author Michigan

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Message Posted: Apr 15, 2012 6:52:38 PM

wow a discounted tax! What a shocker!
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Lugi1967
Champion Author Ohio

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Message Posted: Apr 15, 2012 5:52:49 PM

Took long enough Still not done
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MOREDLEG
Champion Author Missouri

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Message Posted: Apr 15, 2012 11:38:55 AM

Do not be fooled, they will get theirs... outta your pockets!!!!
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kag2010
Champion Author Winnipeg

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Message Posted: Apr 15, 2012 11:08:15 AM

Good grief!
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Rehorsehay
All-Star Author California

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Message Posted: Apr 15, 2012 10:16:36 AM

Not sure the people of Alaska are going to like this?
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Mark8601
All-Star Author Bakersfield

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Message Posted: Apr 15, 2012 10:13:35 AM

Good grief! Govt. at its best!
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olive2trvl
Rookie Author Philadelphia

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Message Posted: Apr 15, 2012 10:09:09 AM

So much nicer what a simple bill is put thrrough rather than lots of congresspeople adding in their won piece that is often not realted to the original bill.
Like the 1099 forms tacked on to the health ins mandate.
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fedupMN
Champion Author Twin Cities

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Message Posted: Apr 15, 2012 10:05:40 AM

Drill-baby-drill!!!!
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dave27johnson
Champion Author Chicago

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Message Posted: Apr 15, 2012 9:23:19 AM

A good incentive to replace current oil fields that are drying up.
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humblepie
Champion Author Toledo

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Message Posted: Apr 15, 2012 9:19:41 AM

GET-R-DONE
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The_DR
Champion Author New Jersey

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Message Posted: Apr 15, 2012 9:13:41 AM

Good
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hoosierva
Champion Author Indianapolis

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Message Posted: Apr 15, 2012 9:02:07 AM

hope it is good for everyone and not just a few
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vtroger
Veteran Author Vermont

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Message Posted: Apr 15, 2012 8:50:58 AM

Yes this sounds like standard politics. This is why the govt needs to back off.
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