Alaska Governor Sean Parnell Thanks House of Representatives for Advancing HB 110 - Oil Tax Reduction Legislation
March 31, 2011, Juneau, Alaska - Governor Sean Parnell issued a statement late tonight following a strong move by the House to advance House Bill 110 (by a vote of 22-16), the governor's oil tax reduction legislation. The bill will be up for a reconsideration vote Friday.
"I appreciate House members taking this bold action," Governor Parnell said. "Representative Anna Fairclough did an impressive job carrying the measure and making the case for the merits of the bill. The House recognizes that a change to increase oil production is critical and 'doing nothing' is not a strategy for future economic growth and not a strategy Alaska can afford. This vote provides us with significant momentum."