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24th Alaska State Legislature
The 24th Alaska State Legislature
Alaska State Representative Norman Rokeberg
Opinion-Editorial

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Anchorage, AK 99501
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Effort to Understand Amendments was Mistaken for Hewing to a Plan
by Representative Norman Rokeberg
Alaska State Legislature
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Released:
May 16, 2006
Published:
Anchorage Daily News
Letter to the Editor
May 16, 2006


 

In order to set the record straight, Wesley Loy's story of May 10 ("Oil tax discord gums up last day") stated that Rep. Mike Hawker, others and myself "were seen repeatedly huddling with Murkowski administration staffers and consultants, including former state tax director Dan Dickinson, in the House Chambers during the debate on the PPT oil tax bill, presumably working to craft a plan hewing to the governor's 20 percent tax rate and a 20 precent credit on new exploration or development spending." That is a very inaccurate statement. We where not hewing to the governor's plan.

The tax/credit in the House-passed bill was a 21.5 percent tax rate and a 20 percent tax credit rate, with significant increase (on a progressive sliding scale) when oil prices are high. At $70 a barrel, the House version's tax rate was 7.5 precent higher than the governor's 20/20 proposal and 1.3 percent higher than the final Senate version.

The huddling was to verify the effect and consequences of numerous amendments introduced during our all-nighter.

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