#amp-mobile-version-switcher{left:0;position:absolute;width:100%;z-index:100}#amp-mobile-version-switcher>a{background-color:#444;border:0;color:#eaeaea;display:block;font-family:-apple-system,BlinkMacSystemFont,Segoe UI,Roboto,Oxygen-Sans,Ubuntu,Cantarell,Helvetica Neue,sans-serif;font-size:16px;font-weight:600;padding:15px 0;text-align:center;-webkit-text-decoration:none;text-decoration:none}#amp-mobile-version-switcher>a:active,#amp-mobile-version-switcher>a:focus,#amp-mobile-version-switcher>a:hover{-webkit-text-decoration:underline;text-decoration:underline}:where(.wp-block-button__link){border-radius:9999px;box-shadow:none;padding:calc(.667em + 2px) calc(1.333em + 2px);text-decoration:none}:root :where(.wp-block-button .wp-block-button__link.is-style-outline),:root :where(.wp-block-button.is-style-outline>.wp-block-button__link){border:2px solid;padding:.667em 1.333em}:root :where(.wp-block-button .wp-block-button__link.is-style-outline:not(.has-text-color)),:root :where(.wp-block-button.is-style-outline>.wp-block-button__link:not(.has-text-color)){color:currentColor}:root :where(.wp-block-button .wp-block-button__link.is-style-outline:not(.has-background)),:root :where(.wp-block-button.is-style-outline>.wp-block-button__link:not(.has-background)){background-color:initial;background-image:none}:where(.wp-block-columns){margin-bottom:1.75em}:where(.wp-block-columns.has-background){padding:1.25em 2.375em}:where(.wp-block-post-comments input[type=submit]){border:none}:where(.wp-block-cover-image:not(.has-text-color)),:where(.wp-block-cover:not(.has-text-color)){color:#fff}:where(.wp-block-cover-image.is-light:not(.has-text-color)),:where(.wp-block-cover.is-light:not(.has-text-color)){color:#000}:root :where(.wp-block-cover h1:not(.has-text-color)),:root :where(.wp-block-cover h2:not(.has-text-color)),:root :where(.wp-block-cover h3:not(.has-text-color)),:root :where(.wp-block-cover h4:not(.has-text-color)),:root :where(.wp-block-cover h5:not(.has-text-color)),:root :where(.wp-block-cover h6:not(.has-text-color)),:root :where(.wp-block-cover p:not(.has-text-color)){color:inherit}:where(.wp-block-file){margin-bottom:1.5em}:where(.wp-block-file__button){border-radius:2em;display:inline-block;padding:.5em 1em}:where(.wp-block-file__button):is(a):active,:where(.wp-block-file__button):is(a):focus,:where(.wp-block-file__button):is(a):hover,:where(.wp-block-file__button):is(a):visited{box-shadow:none;color:#fff;opacity:.85;text-decoration:none}:where(.wp-block-group.wp-block-group-is-layout-constrained){position:relative}@keyframes show-content-image{0%{visibility:hidden}99%{visibility:hidden}to{visibility:visible}}@keyframes turn-on-visibility{0%{opacity:0}to{opacity:1}}@keyframes turn-off-visibility{0%{opacity:1;visibility:visible}99%{opacity:0;visibility:visible}to{opacity:0;visibility:hidden}}@keyframes lightbox-zoom-in{0%{transform:translate(calc(( -100vw + var(--wp--lightbox-scrollbar-width) ) / 2 + var(--wp--lightbox-initial-left-position)),calc(-50vh + var(--wp--lightbox-initial-top-position))) scale(var(--wp--lightbox-scale))}to{transform:translate(-50%,-50%) scale(1)}}@keyframes lightbox-zoom-out{0%{transform:translate(-50%,-50%) scale(1);visibility:visible}99%{visibility:visible}to{transform:translate(calc(( -100vw + var(--wp--lightbox-scrollbar-width) ) / 2 + var(--wp--lightbox-initial-left-position)),calc(-50vh + var(--wp--lightbox-initial-top-position))) scale(var(--wp--lightbox-scale));visibility:hidden}}:where(.wp-block-latest-comments:not([data-amp-original-style*=line-height] .wp-block-latest-comments__comment)){line-height:1.1}:where(.wp-block-latest-comments:not([data-amp-original-style*=line-height] .wp-block-latest-comments__comment-excerpt p)){line-height:1.8}:root :where(.wp-block-latest-posts.is-grid){padding:0}:root :where(.wp-block-latest-posts.wp-block-latest-posts__list){padding-left:0}:root :where(.wp-block-list.has-background){padding:1.25em 2.375em}:where(.wp-block-navigation.has-background .wp-block-navigation-item a:not(.wp-element-button)),:where(.wp-block-navigation.has-background .wp-block-navigation-submenu a:not(.wp-element-button)){padding:.5em 1em}:where(.wp-block-navigation .wp-block-navigation__submenu-container .wp-block-navigation-item a:not(.wp-element-button)),:where(.wp-block-navigation .wp-block-navigation__submenu-container .wp-block-navigation-submenu a:not(.wp-element-button)),:where(.wp-block-navigation .wp-block-navigation__submenu-container .wp-block-navigation-submenu button.wp-block-navigation-item__content),:where(.wp-block-navigation .wp-block-navigation__submenu-container .wp-block-pages-list__item button.wp-block-navigation-item__content){padding:.5em 1em}@keyframes overlay-menu__fade-in-animation{0%{opacity:0;transform:translateY(.5em)}to{opacity:1;transform:translateY(0)}}:root :where(p.has-background){padding:1.25em 2.375em}:where(p.has-text-color:not(.has-link-color)) a{color:inherit}:where(.wp-block-post-excerpt){box-sizing:border-box;margin-bottom:var(--wp--style--block-gap);margin-top:var(--wp--style--block-gap)}:where(.wp-block-preformatted.has-background){padding:1.25em 2.375em}:where(.wp-block-search__button){border:1px solid #ccc;padding:6px 10px}:where(.wp-block-search__input){font-family:inherit;font-size:inherit;font-style:inherit;font-weight:inherit;letter-spacing:inherit;line-height:inherit;text-transform:inherit}:where(.wp-block-search__button-inside .wp-block-search__inside-wrapper){border:1px solid #949494;box-sizing:border-box;padding:4px}:where(.wp-block-search__button-inside .wp-block-search__inside-wrapper) :where(.wp-block-search__button){padding:4px 8px}:root :where(.wp-block-separator.is-style-dots){height:auto;line-height:1;text-align:center}:root :where(.wp-block-separator.is-style-dots):before{color:currentColor;content:"···";font-family:serif;font-size:1.5em;letter-spacing:2em;padding-left:2em}:root :where(.wp-block-site-logo.is-style-rounded){border-radius:9999px}:root :where(.wp-block-social-links .wp-social-link a){padding:.25em}:root :where(.wp-block-social-links.is-style-logos-only .wp-social-link a){padding:0}:root :where(.wp-block-social-links.is-style-pill-shape .wp-social-link a){padding-left:.66667em;padding-right:.66667em}:root :where(.wp-block-tag-cloud.is-style-outline){display:flex;flex-wrap:wrap;gap:1ch}:root :where(.wp-block-tag-cloud.is-style-outline a){border:1px solid;margin-right:0;padding:1ch 2ch}:root :where(.wp-block-tag-cloud.is-style-outline a):not(#_#_#_#_#_#_#_#_){font-size:unset;text-decoration:none}:root :where(.wp-block-table-of-contents){box-sizing:border-box}:where(.wp-block-term-description){box-sizing:border-box;margin-bottom:var(--wp--style--block-gap);margin-top:var(--wp--style--block-gap)}:where(pre.wp-block-verse){font-family:inherit}:root{--wp--preset--font-size--normal:16px;--wp--preset--font-size--huge:42px}html :where(.has-border-color){border-style:solid}html :where([data-amp-original-style*=border-top-color]){border-top-style:solid}html :where([data-amp-original-style*=border-right-color]){border-right-style:solid}html :where([data-amp-original-style*=border-bottom-color]){border-bottom-style:solid}html :where([data-amp-original-style*=border-left-color]){border-left-style:solid}html :where([data-amp-original-style*=border-width]){border-style:solid}html :where([data-amp-original-style*=border-top-width]){border-top-style:solid}html :where([data-amp-original-style*=border-right-width]){border-right-style:solid}html :where([data-amp-original-style*=border-bottom-width]){border-bottom-style:solid}html :where([data-amp-original-style*=border-left-width]){border-left-style:solid}html :where(amp-img[class*=wp-image-]),html :where(amp-anim[class*=wp-image-]){height:auto;max-width:100%}:where(figure){margin:0 0 1em}html :where(.is-position-sticky){--wp-admin--admin-bar--position-offset:var(--wp-admin--admin-bar--height,0px)}@media screen and (max-width:600px){html :where(.is-position-sticky){--wp-admin--admin-bar--position-offset:0px}}:root :where(.wp-block-image figcaption){color:#555;font-size:13px;text-align:center}:where(.wp-block-group.has-background){padding:1.25em 2.375em}:root :where(.wp-block-template-part.has-background){margin-bottom:0;margin-top:0;padding:1.25em 2.375em}amp-img.amp-wp-enforced-sizes{object-fit:contain}amp-img img,amp-img noscript{image-rendering:inherit;object-fit:inherit;object-position:inherit}.amp-wp-enforced-sizes{max-width:100%;margin:0 auto}html{background:#0a5f85}body{background:#fff;color:#353535;font-family:Georgia,"Times New Roman",Times,Serif;font-weight:300;line-height:1.75}p,figure{margin:0 0 1em;padding:0}a,a:visited{color:#0a5f85}a:hover,a:active,a:focus{color:#353535}.amp-wp-meta,.amp-wp-header div,.amp-wp-title,.amp-wp-tax-category,.amp-wp-footer p,.back-to-top{font-family:-apple-system,BlinkMacSystemFont,"Segoe UI","Roboto","Oxygen-Sans","Ubuntu","Cantarell","Helvetica Neue",sans-serif}.amp-wp-header{background-color:#0a5f85}.amp-wp-header div{color:#fff;font-size:1em;font-weight:400;margin:0 auto;max-width:calc(840px - 32px);padding:.875em 16px;position:relative}.amp-wp-header a{color:#fff;text-decoration:none}.amp-wp-header .amp-wp-site-icon{background-color:#fff;border:1px solid #fff;border-radius:50%;position:absolute;right:18px;top:10px}.amp-wp-article{color:#353535;font-weight:400;margin:1.5em auto;max-width:840px;overflow-wrap:break-word;word-wrap:break-word}.amp-wp-article-header{align-items:center;align-content:stretch;display:flex;flex-wrap:wrap;justify-content:space-between;margin:1.5em 16px 0}.amp-wp-title{color:#353535;display:block;flex:1 0 100%;font-weight:900;margin:0 0 .625em;width:100%}.amp-wp-meta{color:#696969;display:inline-block;flex:2 1 50%;font-size:.875em;line-height:1.5em;margin:0 0 1.5em;padding:0}.amp-wp-article-header .amp-wp-meta:last-of-type{text-align:right}.amp-wp-article-header .amp-wp-meta:first-of-type{text-align:left}.amp-wp-byline amp-img,.amp-wp-byline .amp-wp-author{display:inline-block;vertical-align:middle}.amp-wp-byline amp-img{border:1px solid #0a5f85;border-radius:50%;position:relative;margin-right:6px}.amp-wp-posted-on{text-align:right}.amp-wp-article-featured-image{margin:0 0 1em}.amp-wp-article-featured-image img:not(amp-img){max-width:100%;height:auto;margin:0 auto}.amp-wp-article-featured-image amp-img{margin:0 auto}.amp-wp-article-content{margin:0 16px}.amp-wp-article-content .wp-caption{max-width:100%}.amp-wp-article-content amp-img{margin:0 auto}.wp-caption{padding:0}.amp-wp-article-footer .amp-wp-meta{display:block}.amp-wp-tax-category{color:#696969;font-size:.875em;line-height:1.5em;margin:1.5em 16px}.amp-wp-footer{border-top:1px solid #c2c2c2;margin:calc(1.5em - 1px) 0 0}.amp-wp-footer div{margin:0 auto;max-width:calc(840px - 32px);padding:1.25em 16px 1.25em;position:relative}.amp-wp-footer h2{font-size:1em;line-height:1.375em;margin:0 0 .5em}.amp-wp-footer p{color:#696969;font-size:.8em;line-height:1.5em;margin:0 85px 0 0}.amp-wp-footer a{text-decoration:none}.back-to-top{bottom:1.275em;font-size:.8em;font-weight:600;line-height:2em;position:absolute;right:16px}.amp-wp-9f55261:not(#_#_#_#_#_){background-color:#0866ff}.amp-wp-0288613:not(#_#_#_#_#_){background-color:#1a1a1a}.amp-wp-1b3bec2:not(#_#_#_#_#_){background-color:#007bb5}.amp-wp-ce7eb4c:not(#_#_#_#_#_){background-color:#888990} /*# sourceURL=amp-custom.css */The Latest: House Narrowly Passes Oil Tax, Credit Overhaul - Radio Kenai
Site icon Radio Kenai

The Latest: House Narrowly Passes Oil Tax, Credit Overhaul

Associated Press

The Alaska House has narrowly passed an overhaul of Alaska’s oil tax and credit system.

 

A Department of Revenue analysis shows the bill would eliminate cashable tax credits for the North Slope and result in a tax increase at oil prices between about $50 and $100 per barrel, among other things.

 

Oil has been around $50-55 a barrel for months.

 

The bill passed 21-19. Independent Rep. Jason Grenn joined minority House Republicans in voting against it.

 

Supporters of the bill say tax credits have become unaffordable. They say the bill addresses that and problems within the tax system.

 

Critics say the bill is too expansive and fear it will hurt the oil industry.

 

Reconsideration was given, meaning the measure could be voted on again before heading to the Senate.

Exit mobile version