Members of the Alaska Senate have killed, at least temporarily, a plan to end a tax policy worth more than $100 million for one of the state’s largest oil companies.
Within the Capitol, the last-days maneuvering is creating an atmosphere of brinksmanship and grudging compromise mostly opaque to outsiders. Sen. Bill Wielechowski, D-Anchorage, has written several bills on the topic and successfully inserted the latest one into the carbon bill. Soon after Boyle’s testimony, the House Rules Committee scheduled a meeting and listed 13 Senate-sponsored bills on its agenda.
Over Wielechowski’s opposition, the Senate Finance Committee removed the Hilcorp item — and all the other bills inserted into the carbon bill.