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ALASKA CHAMBER | It's Your Business July 16-30, 2014


It's Your Business 
July 16-30, 2014 
In this issue
Register to vote
Submit a policy position
Three selected to AEC
Workers' Comp reform
Nominate Alaska's best
Ballot forums kick off
2014 fiscal outlook
Executive Committee
3 p.m., July 17
Alaska Chamber

Membership Committee
4 p.m., July 21
Alaska Chamber
Alaska Business Week
Summer Program
July 27-August 2
Fairbanks, Alaska
Learn more

Alaska Chamber
Policy Forum
October 21
Girdwood, Alaska

Alaska Chamber
Fall Conference &
Awards Gala
Ocotber 22
Girdwood, Alaska
Thank you to 
our valued
Lead Sponsors
ConocoPhillips Alaska
NANA Development Corp.
Pebble Limited Partnership
Caelus Energy, LLC 
Wells Fargo Bank Alaska
Alaska Communications
Holland America
American Chemistry Council
The Boeing Company
Petro Marine Services
Seekins Ford Lincoln
Tesoro Alaska Company
Welcome new members 
Michael Pauley
Peninsula Radiation Oncology Center 
Welcome back 
renewing members
Alaska Financial Company
Alaska Power &
Telephone Company
Alaska Power Association
Alaska Small Business Development Center
Alaska Support
Industry Alliance
City of Valdez
Council of
Alaska Producers
Elgee Rehfeld
Mertz, LLC
Emerald Queen
Casino Hotel
Fairweather LLC
Keithley Consulting, LLC
 KTUU-Channel 2 Logistics, LLC
Port of Tacoma
Sumitomo Metal
Mining Pogo LLC
The Wilson Agency, LLC
Toy Industry Association
Wells Fargo Bank Alaska
Voter registration deadline is Sunday, July 20
Did you know that to vote in the August 19 primary, you must be registered to vote by Sunday, July 20? This is the last day to register to vote or update your registration information.

Voter registration applications are available at any Division of Elections regional office, at municipal clerks' offices, at the Division of Motor Vehicles, and at many public libraries. Registration applications are also available on the Division of Elections website at elections.alaska.gov.
Policy positions submissions due August 1
The clock is ticking to submit a new policy position for this year's Policy Forum to be held on October 21 in Girdwood, Alaska.
Policy position submission period is July 1-August 1.
Like last year, policy positions may be submitted using the online submission form. Members may only bring forward new proposed policy positions for consideration. 

Every Alaska Chamber member has the opportunity to help set the Chamber's advocacy platform. Once adopted, these policy positions become part of Chamber's advocacy program. 
Alaska business leaders named to Arctic Economic Council for U.S.
In response to a request from the Minister of the Arctic Council, the Alaska Chamber and the Alaska Arctic Policy Commission (AAPC) Co-Chairs selected three Alaska business leaders to participate in an inaugural meeting of the Arctic Economic Council (AEC).
  • Lori Davey, General Manager, Fairweather, LLC
  • Bruce Harland, Vice President Business Development, Crowley Marine Services, Inc.
  • Gail Schubert, President and CEO, Bering Straits Native Corporation
In addition to the three business leaders, the U.S. State Department announced the appointment of U.S. Coast Guard Admiral Robert J. Papp Jr. to serve as Special Representative for the Arctic Region and President Obama's Chair of the U.S. Arctic Research Commission Fran Ulmer to serve as Special Advisor on Arctic Science and Policy.

The AEC is intended to foster sustainable development, including economic growth, environmental protection and social development in the Arctic.

Read the Alaska Chamber's full press release here.

Read the AAPC's full press release here.
Workers' Comp reform becomes law
At a joint Kenai Soldotna Chamber luncheon last week, Governor Sean Parnell signed into law multiple pieces of legislation including several supported by the Alaska State Chamber of Commerce. Among the legislation signed was House Bill 316 relating to workers' compensation - a priority issue for the Alaska Chamber and business throughout Alaska.

The Alaska Chamber supports systemic changes to the Alaska workers' compensation insurance statutes to reduce the cost of insurance for employers while emphasizing effective treatment programs that promote injury recovery and the return to full employment for injured workers.

"Enacting comprehensive reform of Alaska's Workers' Compensation system is a top priority for Alaska business and the membership of the Alaska Chamber," said Alaska Chamber President/CEO Rachael Petro.

Read the full press release here.
Awards nominations due August 1
Time is running out to submit a nomination for the Alaska Chamber's Top Business Awards! This year marks the 50th Annual Top Business Awards celebration by the Alaska Chamber.

Nominations are being accepted thru August 1 in three categories: 

The awards acknowledge the accomplishments of leading small businesses, chambers of commerce, individuals, and the contributions they make to our statewide economy.


To nominate, click on any of the above award categories and be redirected to the online submission form.   Winners will be announced Tuesday, October 22 during the Awards Gala at our Fall Conference in Girdwood, Alaska.

Summer ballot measure forums kickoff
Are you confused about how to vote on the referendum of the oil tax? Wondering about the initiatives? Alaska Common Ground is hosting a public forum series with experts presenting on both sides of each ballot measure. Come and learn about the referendum on the August 19 ballot and the initiatives on the November 4 ballot.

Each forum will occur from 7 to 9 p.m. on Wednesdays at the Wilda Marston Theatre Loussac Library located at 3600 Denali Street.

Cosponsored by Anchorage Public Library, League of Women Voters of Anchorage, the League of Women Voters of Alaska, Alaska Integrated Media, and ISER 

CBO releases long-term fiscal projections
On Monday, July 15, tthe Congressional Budget Office (CBO) released its annual Long-Term Fiscal Outlook. The report details the risks to America including:
  • The high and rising amount of federal debt would have "significant consequences for both the economy and the federal budget," noting that "[a]t some point, investors would begin to doubt the government's willingness or ability to pay its debt obligations, which would require the government to pay much higher interest costs to borrow money. Such a fiscal crisis would present policymakers with extremely difficult choices and would probably have a substantial negative impact on the country."  
  • "The large amount of federal borrowing would draw money away from private investment in productive capital in the long term, because the portion of people's savings used to buy government securities would not be available to finance private investment."
  • "Federal spending on interest payments would rise, thus requiring higher taxes, lower spending for benefits and services, or both to achieve any chosen targets for budget deficits and debt."
  • "The large amount of debt would restrict policymakers' ability to use tax and spending policies to respond to unexpected challenges, such as economic downturns or financial crises. As a result, those challenges would tend to have larger negative effects on the economy and on people's well-being than they would otherwise. The large amount of debt could also compromise national security by constraining defense spending in times of international crisis or by limiting the country's ability to prepare for such a crisis."
Read the full report here.


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