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House panel looks at tax measures in waning days of session


JUNEAU, Alaska (AP) – A co-chair of the Alaska House Finance Committee said he would like to see a proposal to reinstitute a personal state income tax advanced for a floor vote. But it faces opposition in the Senate and Rep. Steve Thompson couldn’t say whether it would even clear the House.

Gov. Bill Walker has proposed an income tax as part of a broader plan to

confront an estimated $4 billion state budget deficit exacerbated by low oil prices. Key pieces of that plan including changes to Alaska’s oil and gas tax credit system and a structured, annual draw from the earnings of the...

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