Legislature(2017 - 2018)BARNES 124

03/06/2017 06:30 PM RESOURCES

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06:33:31 PM Start
06:33:49 PM HB111
08:17:08 PM Adjourn
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
-- Please Note Time Change --
Heard & Held
-- Public Testimony --
**Streamed live on AKL.tv**
        HB 111-OIL & GAS PRODUCTION TAX;PAYMENTS;CREDITS                                                                    
                [Contains discussion of HB 133]                                                                                 
6:33:49 PM                                                                                                                    
CO-CHAIR TARR  [announced that the  only order of  business would                                                               
be  HOUSE BILL  NO. 111,  "An  Act relating  to the  oil and  gas                                                               
production tax,  tax payments, and credits;  relating to interest                                                               
applicable  to  delinquent  oil   and  gas  production  tax;  and                                                               
providing for an effective date."]                                                                                              
6:35:25 PM                                                                                                                    
BRAD FAULKNER  stated support for  HB 111, and explained  that he                                                               
has followed  the evolvement  of the  oil tax  structure intently                                                               
since 1973, following  what became known as  the sellout session.                                                               
He said, "I think this is a  good bill, it just doesn't go nearly                                                               
far enough."   Bumping the  minimum from  4 percent to  5 percent                                                               
simply isn't  enough.  The oil  taxes in Alaska have  always been                                                               
written  by the  oil  companies,  he opined,  and  said the  bill                                                               
allows  for interest  free loans  after three  years, which  is a                                                               
provision that  is hard to  understand.   The state is  in crisis                                                               
mode and  the bill  merely tweaks something  that should  have an                                                               
axe  taken to  it.   He reviewed  the credits  exchange from  the                                                               
Point  Thomson site  and said  that  the state  spent about  $1.5                                                               
billion, which, at 5 percent,  represents $75 million per year of                                                               
forgone  interest  to  the  state  on that  project  alone.    He                                                               
suggested that the money would be  better invested if left in the                                                               
6:37:44 PM                                                                                                                    
REPRESENTATIVE  PARISH asked  why Mr.  Faulkner has  followed the                                                               
oil tax structure.                                                                                                              
MR. FAULKNER  answered that working on  the Trans-Alaska Pipeline                                                               
System (TAPS) was how he  paid his way through Harvard University                                                               
to earn  a degree  in economics.   The elephant  in the  room has                                                               
been and  continues to be  the oil  tax structure, he  opined and                                                               
expressed concern that the legislature  has always been for sale,                                                               
cheap.   He maintained, "We're  given them billions  and billions                                                               
of  dollars of  public resource  and  we're being  sold down  the                                                               
river for bags of peanuts."                                                                                                     
6:39:10 PM                                                                                                                    
JERA  STEPHENS stated  support for  HB 111,  and agreed  with the                                                               
previous  speaker that  the tax  measure doesn't  go far  enough.                                                               
It's a step in the right direction, she opined.                                                                                 
6:40:44 PM                                                                                                                    
PAMELA THROOP stated  support for HB 111, and said  the state has                                                               
never  received the  money that  it  should from  oil taxes.  The                                                               
credits don't  make business  sense, and never  have.   She cited                                                               
the report submitted  by Robin O. Brena  [titled "Presentation to                                                               
House Resources  Committee (Alaskans' Fair Share),"  presented to                                                               
the committee 2/3/17]  and expressed 100 percent  support for its                                                               
content.    A   tax  on  the  gross  production   would  be  most                                                               
appropriate  and would  also simplify  the audit  process.   As a                                                               
real estate broker in Fairbanks  she reported that sales are down                                                               
by  30  percent.    The  real estate  devaluation  is  only  just                                                               
beginning,  she cautioned,  and  said this  downturn feels  worse                                                               
than the  last one.  It  feels like Alaska is  a banana republic,                                                               
with  the majority  of  the  populace poor  and  the rich  people                                                               
walking out  with the  state's oil  resources and  money dripping                                                               
out of  their pockets.   Underscoring that  banana republic  is a                                                               
derogatory  term she  said Alaska  fits the  description exactly,                                                               
and offered:                                                                                                                    
     In  political science,  the term  banana republic  is a                                                                    
     pejorative descriptor  for a servile  dictatorship that                                                                    
     abets or  supports, for kickbacks, the  exploitation of                                                                    
     large-scale  plantation agriculture,  especially banana                                                                    
     cultivation.     That's   where  it   started.     More                                                                    
     generally, it is  a derogatory term for  a country that                                                                    
     is considered  to have a  weak economy, a  dishonest or                                                                    
     cruel  government,  and  public services  that  do  not                                                                    
     work.   In economics,  a banana  republic is  a country                                                                    
     operated  as   a  commercial  enterprise   for  private                                                                    
     profit, effected  by a collusion between  the State and                                                                    
     favored monopolies,  in which  the profit  derived from                                                                    
     the  private exploitation  of public  lands is  private                                                                    
     property,  [while  the  debts incurred  thereby  are  a                                                                    
     public responsibility.]                                                                                                    
6:44:32 PM                                                                                                                    
ANDY BOND  stated opposition to  HB 111 and  HB 133, and  said he                                                               
has worked as  an engineer in the Alaska oilfields  for 30 years,                                                               
but may need  to relocate should the industry  suffer a downturn.                                                               
The shale  oilfields in  the Lower 48  are in  direct competition                                                               
with Alaska  projects, which represent  more of a  challenge than                                                               
the southerly  undertakings.  The  potential tax  increases being                                                               
considered  contribute  to the  challenge,  and  put a  chill  on                                                               
investment  dollars being  directed to  the state.   Current  tax                                                               
rates should be  maintained, along with the  tax credit structure                                                               
that has  been in place.   With  that type of  encouragement, the                                                               
industry will  remain, he  opined, and said  he looks  forward to                                                               
his  children   working  in  Alaska's   oil  industry   one  day.                                                               
Retaining the  oil industry  is critical  for Alaska's  long term                                                               
future and viability, he finished.                                                                                              
6:47:28 PM                                                                                                                    
CAROL  FRASER, Regional  Director of  Sales and  Marketing, Aspen                                                               
Hotels of Alaska, stated opposition to  HB 111, and said Aspen is                                                               
in the process  of building its seventh hotel in  the state.  The                                                               
company tracks  its annual  clientele and,  speaking specifically                                                               
about the Kenai Aspen Hotel, the  oil industry has been a primary                                                               
support  for  the  last  nine years;  however,  the  oil  company                                                               
business  has  recently  dropped  by 52  percent  and  cannot  be                                                               
supplanted by  other activities  such as  tourism.   She reported                                                               
that, for the first time in  the 19 years of operation in Alaska,                                                               
the Aspen hotel  chain is laying off employees.   Many efficiency                                                               
measures are being taken and  discount web site markets are being                                                               
utilized to offset losses; all  measures save raising room rates.                                                               
Increasing oil taxes at this time  would be akin to Aspen raising                                                               
room  rates,   with  nothing   gained  and   much  lost   in  the                                                               
competitive, global  market place.  She  opined that HB 111  is a                                                               
jobs bill - a jobs reduction bill.                                                                                              
6:49:57 PM                                                                                                                    
MIKE MILLIGAN  stated support for  HB 111 and said  he's followed                                                               
this and  other oil  issues for  25 years.   He pointed  out that                                                               
whenever Texas  and North  Dakota oilfields  are mentioned  it is                                                               
worth remembering that  most of the development  in those locales                                                               
is not on government but rather  private land.  Thus, in addition                                                               
to  a  [state]  tax  structure   there  are  leases  [to  private                                                               
landowners].  He reported that only  25 percent of areas on earth                                                               
are  open to  the oil  companies, which  should be  kept in  mind                                                               
whenever the  topic of the  companies going elsewhere  is brought                                                               
up.   The limiting factor to  development in Alaska is  access to                                                               
TAPS.  If  Alaskans want to develop their oil  on state lands, it                                                               
would  be important  to  ensure access  to TAPS.    The two  most                                                               
stable places on the planet  for oil development are Saudi Arabia                                                               
and Norway, he  reported and suggested that  Alaska adopt similar                                                               
tax structures.                                                                                                                 
6:52:23 PM                                                                                                                    
BOB SHAVELSON  stated support for HB  111, and said it  will save                                                               
Alaska  money, help  to cut  the deficit,  and redirect  Alaska's                                                               
wealth.  Alaska  is still a rich state and  redirecting the money                                                               
is the real problem that needs  to be solved, such as support for                                                               
schools, roads,  seniors, that  will create  jobs.   He explained                                                               
that, for the  last 22 years, he has observed  the tax incentives                                                               
and rollbacks  in the Cook  Inlet area,  which bring to  mind the                                                               
saying, "free markets  are a wonderful thing, we  should try them                                                               
sometimes."  The subsidies and  un-level playing field created in                                                               
the  inlet have  distorted the  free market  and resulted  in bad                                                               
economic   outcomes  for   the  state.     Having   followed  the                                                               
legislative presentations  provided by  industry, and  others, he                                                               
said  that  Robin  Brena  put  it right  in  his  report  [titled                                                               
"Presentation  to  House   Resources  Committee  (Alaskans'  Fair                                                               
Share),"  presented  to the  committee  2/3/17],  to the  effect:                                                               
"The way  you know Alaska's  production tax needs to  be reformed                                                               
is because the  industry says it's working."   The industry comes                                                               
from a self-interested  position and Alaska needs  to move beyond                                                               
what the bill  provides, as suggested by  Mr. Faulkner's previous                                                               
testimony  that pushing  the  minimum  tax to  5  percent is  not                                                               
enough.  The bill is a start, he said, and urged passage.                                                                       
6:54:46 PM                                                                                                                    
LUKE HOPKINS stated support for HB  111, and said many changes in                                                               
the bill will support the  small explorers; although they haven't                                                               
received recent payments  due to the governor's veto.   A primary                                                               
concern  is  the  outstanding  obligations  owed  on  the  legacy                                                               
fields, and  the effort to achieve  a 5 percent tax  floor, which                                                               
are important  factors.  The  current structure,  requiring large                                                               
credit  and production  tax  payments, is  not  sustainable.   He                                                               
opined that  it's a complicated  bill and urged that  both bodies                                                               
concur on  the proposed  changes, as well  as provide  a workable                                                               
fiscal  date.    It  will  be  important  for  the  new,  smaller                                                               
exploration companies to  receive some payments in  order to keep                                                               
investments  leveraged,  which  will   allow  them  to  make  new                                                               
6:59:18 PM                                                                                                                    
BRYAN CLEMENZ,  Spokesman, Bristol  Bay Industrial  (BBI), stated                                                               
opposition to  HB 111,  and said  BBI is  the parent  company for                                                               
five  other  companies across  the  state,  operating as  service                                                               
providers  and contractors  to  the North  Slope  fields.   Since                                                               
2015, reductions have occurred in  the areas of revenues received                                                               
and employees hired,  which in turn has had  a significant impact                                                               
on the  state economy,  he reported, and  said this  represents a                                                               
loss of  "tens of millions of  dollars that would have  gone into                                                               
the pockets  of Alaskans."  The  bill has been crafted  to fill a                                                               
budget   gap  and   will  not   encourage  responsible   resource                                                               
development.   It  is  reactionary and  does  not represent  good                                                               
policy,  he  maintained,  and   predicted  that  exploration  and                                                               
production will be stopped, by passage of HB 111.                                                                               
7:01:34 PM                                                                                                                    
AVES THOMPSON,  Executive Director, Alaska  Trucking Association,                                                               
stated opposition to  HB 111, and said increasing  taxes will not                                                               
increase  oil  production.    The   state  cannot  tax  away  the                                                               
industries  incentive  to  invest  and still  expect  to  have  a                                                               
sustainable  economy,  he opined.    The  bill will  make  Alaska                                                               
ventures less  competitive on the  global market.   Additionally,                                                               
changes this year may be a  harbinger of changes next year and an                                                               
image of  instability will  be perceived.   Alaska  realizes more                                                               
dollars from a barrel of oil  than do the producers, he said, and                                                               
suggested that  Senate Bill 21  [passed in the 28th  Alaska State                                                               
Legislature]   encouraged  increased   oil  production   and  has                                                               
performed as  expected.  He urged  that the tax structure  not be                                                               
changed again.                                                                                                                  
7:02:46 PM                                                                                                                    
RANDALL AKERS stated  opposition to HB 111, and  opined, "To take                                                               
our  spending woes  and simply  pass  them onto  our most  valued                                                               
business  and  resource  is  not  only  wrong  [but]  it's  quite                                                               
foolish."   The  ongoing oil  price decline  has already  taken a                                                               
toll on  jobs and income  in the state,  and to consider  that it                                                               
would  be sound  legislation  to  tax the  oil  and gas  industry                                                               
further is the  wrong thing to do at this  juncture.  He reviewed                                                               
the  changes in  the tax  structure and  found that  it has  been                                                               
altered 7  times in 12 years.   It would be  difficult for anyone                                                               
to  make future  plans  under similarly  changing conditions,  he                                                               
opined.  Following  the passage of Senate Bill 21  [passed in the                                                               
28th  Alaska  State  Legislature], a  slight  revitalization  was                                                               
experienced in  the oil and gas  sector.  Now the  proposal is to                                                               
once again change the structure  and it should be considered what                                                               
message that  sends to  prospective investors,  companies looking                                                               
to enter Alaska, and those already  invested in the state.  It is                                                               
not the time  to introduce a bill that will  send such a message,                                                               
nor  hamper/hinder   or  otherwise  erode  oil   and  gas  sector                                                               
businesses.   Trying to  fill the  deficit hole  with oil  is not                                                               
what  is  needed,  he  maintained, and  finished  by  urging  the                                                               
committee to reject HB 111.                                                                                                     
CO-CHAIR TARR  referred to  the number  of tax  changes mentioned                                                               
and   clarified  that   HB  111   is   introducing  the   seventh                                                               
7:06:15 PM                                                                                                                    
JOHN STURGEON stated opposition to  HB 111, and said the multiple                                                               
changes  made to  the tax  structure sends  a bad  signal.   Such                                                               
changes can  have a chilling effect  on those who want  to invest                                                               
in an industry, he said, and  offered an analogy to banks needing                                                               
more  money and  invoking  similar changes  to mortgages;  people                                                               
would be  put off.   Although  it seems  that whatever  the state                                                               
does,  the oil  companies  will  remain, he  said  when he  first                                                               
arrived  in the  state  the timber  industry was  king  - as  the                                                               
second  largest industry  hosting 6,000  good paying  jobs -  and                                                               
today  only  a shell  of  what  was  remains, due  to  government                                                               
policy, he opined.                                                                                                              
7:09:43 PM                                                                                                                    
RACHEL DISMY stated support for  HB 111, and said it's ridiculous                                                               
to consider  raising taxes  on the  citizens before  taxing those                                                               
who take the resources  out of our state and make  a profit.  The                                                               
state should do everything it can  to hold onto the oil earnings,                                                               
she finished.                                                                                                                   
7:10:43 PM                                                                                                                    
PAMELA MILLER  stated support for  HB 111,  and said the  bill is                                                               
necessary to make changes that  will allow for the development of                                                               
the most important future state  resource:  Alaska's children and                                                               
their  education; as  well as  sustainable resources.   The  bill                                                               
doesn't go  far enough,  she opined, and  suggested that  the oil                                                               
production taxes need to be  recalibrated to correct the mistakes                                                               
that  were  previously  made  and  to  align  with  the  current,                                                               
relatively low oil prices.   The low price scenario was neglected                                                               
and not incorporated  in the early models.   Under Alaska's Clear                                                               
and  Equitable Share  (ACES)  [passed in  the  25th Alaska  State                                                               
Legislature] there was  a straight line of oil  revenue.  Prudhoe                                                               
Bay  and the  satellite fields  should not  be considered  as new                                                               
and, as  such, require no  incentives for  continued development.                                                               
The 5 percent  gross value tax should be a  minimum regardless of                                                               
the  per  barrel price.    Further,  tax  credits should  not  be                                                               
transferable,  she  noted, and  said  it  is appalling  that  $35                                                               
million in tax credit certificates  can be transferred to another                                                               
profitable company in  order to further reduce the  taxes paid to                                                               
the   state.       She   suggested   subsidies    for   broadband                                                               
[communications]  would be  a better  investment for  the state's                                                               
7:13:20 PM                                                                                                                    
TERESA   IMM,  Director,   Resource  Development,   Arctic  Slope                                                               
Regional  Corporation  (ASRC),  stated   opposition  to  HB  111,                                                               
paraphrasing  from a  prepared statement,  which read  as follows                                                               
[original punctuation provided]:                                                                                                
     ASRC has  serious concerns with  the impacts  this bill                                                                    
     will  have in  its current  form. ASRC  is the  largest                                                                    
     Alaskan-owned   company   with   approximately   10,000                                                                    
     employees  nation-wide,  with   nearly  half  of  those                                                                    
     employees in  Alaska. ASRC was established  pursuant to                                                                    
     the Alaska  Native Claims Settlement  Act in 1971  as a                                                                    
     for-profit  business to  utilize our  natural resources                                                                    
     to provide  for the  economic and social  well-being of                                                                    
     our Iñupiat  shareholders. ASRC has a  shareholder base                                                                    
     of  approximately  13,000.Iñupiat. My  testimony  today                                                                    
     will  address  how  ASRC  sees  HB  111  impacting  our                                                                    
     businesses, investments, and shareholders.                                                                                 
     ASRC is  in a  unique position  as the  largest locally                                                                    
     owned Alaskan  business; we  are an  ANCSA Corporation,                                                                    
     land  owner, a  lessor,  a producer,  and an  explorer.                                                                    
     Because of  our various  ties to  the industry,  HB 111                                                                    
     impacts us in  several ways. Like the  State of Alaska,                                                                    
     the  majority of  ASRC's revenue  base and  investments                                                                    
     are associated with  the oil and gas  industry. We feel                                                                    
     the impacts to changing  oil price, production outputs,                                                                    
     TAPS  throughput, and  exploration investments  just as                                                                    
     the State of Alaska  does. These impacts ripple through                                                                    
     the  Alaskan economy.  We all  know  the statistics  on                                                                    
     TAPS  throughput  and  declining production-this  is  a                                                                    
     topic that  is always  on the forefront  of my  mind as                                                                    
     I'm  sure it's  on yours.  We  are at  a critical  time                                                                    
     where  we must  reinvigorate the  industry that  we all                                                                    
     depend  on,  not further  burden  it  with taxes.  This                                                                    
     uncertainty  creates  a  high-risk,  unstable  business                                                                    
     environment in Alaska. .  With current production boons                                                                    
     in  the Lower  48, Alaska  must remain  competitive and                                                                    
     attractive to  industry; we cannot achieve  this with a                                                                    
     fickle  tax  structure  and high-cost  exploration  and                                                                    
     production.  It  is  time  for  us  to  start  managing                                                                    
     Alaska's  financial affairs  like  a  business and  not                                                                    
     based on emotions or misguided ideology.                                                                                   
     If the  legislature fails to take  a pragmatic approach                                                                    
     to providing fiscal certainty  for the state's dominant                                                                    
     industry, our financial woes  will continue to conflict                                                                    
     spiral.  This  reckless  behavior   must  stop.  As  an                                                                    
     Alaskan-based  company,  ASRC  will always  operate  in                                                                    
     Alaska;  this  is   our  home  and  the   home  of  our                                                                    
     shareholders. The  Iñupiat thrived  on the  North Slope                                                                    
     long before the discovery  on Prudhoe Bay-and ASRC will                                                                    
     continue to invest in Alaska and our region.                                                                               
     However, even companies like ASRC  who are committed to                                                                    
     operating  in  Alaska  will   have  to  reconsider  our                                                                    
     investments with  the current form  of HB 111  in mind.                                                                    
     Rather  than penalizing  companies committed  to Alaska                                                                    
     who are  riding out the current  economic downturn, the                                                                    
     legislature  should work  to create  a tax  system that                                                                    
     stimulates investments, encourages  business, and works                                                                    
     to brings jobs and production back up.                                                                                     
     Alaskan   companies,   like   ASRC,   should   not   be                                                                    
     disadvantaged  for   our  commitment  to   the  State's                                                                    
     welfare  and to  the  well-being  of our  shareholders.                                                                    
     Instead, we should  work together to create  a fair and                                                                    
     balanced  structure  which incentivizes  companies  and                                                                    
     spurs    increased    production    and    exploration.                                                                    
     Complicating and  increasing the current  tax structure                                                                    
     does  nothing  to  benefit the  State  of  Alaska,  the                                                                    
     Alaskan  economy, ASRC,  Alaskans. Rather,  it sends  a                                                                    
     chill over  the economy  which reverberates  across the                                                                    
     This  inconsistent,  unpredictable,  and  ever-changing                                                                    
     tax  structure in  Alaska  is incredibly  short-sighted                                                                    
     and  will   result  in  additional   lay-offs,  reduced                                                                    
     drilling  rigs, limited  capital investment.  Companies                                                                    
     with  the  ability  to invest  elsewhere  will  do  so.                                                                    
     Meanwhile, nothing  will be done  to repair  our fiscal                                                                    
     gap,   promote  increased   production,  and   increase                                                                    
     throughput  into  TAPS-which  we  all rely  on  as  the                                                                    
     artery of the Alaskan economy.                                                                                             
     Simply put, it  is bad policy to keep  changing the oil                                                                    
     tax regime.  There have been three  changes to Alaska's                                                                    
     oil tax regime since 2013,  seven in the last 12 years.                                                                    
     These  frequent  changes  are reactionary  and  do  not                                                                    
     provide the stability companies  need to make long-term                                                                    
     investment  in our  State.  ASRC  specifically will  be                                                                    
     impacted by  yet another change  to the oil  tax policy                                                                    
     in several ways.                                                                                                           
     First, HB  111 would implement  a Gross Minimum  Tax of                                                                    
     5% for  all production,  this in  an increase  from 4%.                                                                    
     This 25% hike  in tax will impact  capital reserved for                                                                    
     future  investments   and  particularly   impact  small                                                                    
     businesses. With no option for  a Small Producer Credit                                                                    
     or  credits for  New Developments,  this tax  structure                                                                    
     discourages exploration,  investment, small businesses,                                                                    
     and  entrepreneurship.  The  erosion of  these  credits                                                                    
     does not  benefit the State  in the long term.  It will                                                                    
     impact first and foremost  Alaskan businesses like ASRC                                                                    
     who are  putting money into  our economy  and exploring                                                                    
     new opportunities for the State.                                                                                           
     Secondly, Net  Operating Loss, or  NOL credits  will be                                                                    
     reduced from  35% of loss to  15% of loss and  will not                                                                    
     be  eligible  against  the   Gross  Minimum  Tax.  With                                                                    
     current  oil  price  environment,  frozen  investments,                                                                    
     shut down rigs, and thousands  of Alaskans out of work,                                                                    
     it is  nonsensical to reform a  system which alleviates                                                                    
     losses the industry is currently  facing. For ASRC, NOL                                                                    
     credits can  be a  determining factor  as to  whether a                                                                    
     project  proceeds,  and  with   respect  to  the  Gross                                                                    
     Minimum Tax-a producer could be  losing money and would                                                                    
     still need  to pay the  Gross Minimum Tax.  The changes                                                                    
     to  the NOL  credits  eliminate  the mechanism  Alaskan                                                                    
     businesses like  ASRC use  to continue  to invest  in a                                                                    
     low-price   environment  where   companies  will   most                                                                    
     certainly  incur a  loss. To  ASRC and  other companies                                                                    
     working  in  Alaska, this  sends  a  message that  when                                                                    
     times are tough, the State is no longer a partner.                                                                         
     Thirdly,  the State  purchase of  NOL  credits will  be                                                                    
     reduced from  $70 million per  year to $35  million per                                                                    
     year, with eligibility  diminished from those producers                                                                    
     with less than  50,000 BOPD to those  that produce less                                                                    
     than   15,000  BOPD.   With   the   recent  influx   of                                                                    
     independents   and   small  businesses   investing   in                                                                    
     Alaska's  oil  and  gas industry,  as  well  as  Native                                                                    
     Corporations  like ASRC  who are  beginning  to take  a                                                                    
     more  active  role,  the State's  shift  in  policy  is                                                                    
     unsustainable    for   small    companies   and    will                                                                    
     significantly  impact Alaska  Native Corporations.  The                                                                    
     lack  of  certainty  in  Alaska's  tax  regime  is  bad                                                                    
     business    and   disproportionately    impacts   small                                                                    
     businesses  and companies  attempting to  ride out  the                                                                    
     economic downturn in the industry.                                                                                         
     Lastly,  HB  111  impacts the  per-barrel  tax  credits                                                                    
     which were  designed to be a  progressive "credit" tied                                                                    
     to oil  price. HB  111 would  not allow  the per-barrel                                                                    
     tax credit against the Gross                                                                                               
     Minimum Tax  and would alter the  current structure for                                                                    
     "Old Oil."  Previously, the per  barrel tax  credit was                                                                    
     linked to the  price of oil in order  to provide relief                                                                    
     for  industry  in  low-price environment.  By  altering                                                                    
     this credit, the State  is eliminating mechanisms which                                                                    
     encourage production and investments at any price.                                                                         
     More   instability  to   the  oil   tax  regime,   more                                                                    
     burdensome  taxes  to the  oil  and  gas industry,  and                                                                    
     reduction   in  credits   to   Small  Businesses,   Net                                                                    
     Operating Loss,  and other credits  will not  result in                                                                    
     more  jobs,   more  investment,   increase  production,                                                                    
     increased  throughput  to   TAPS,  or  offset  Alaska's                                                                    
     fiscal  deficit.   On  the   contrary,  it   will  most                                                                    
     certainly  result   in  continued  job   loss,  reduced                                                                    
     investment,  production, and  exploration, and  further                                                                    
     suffocate  an already  struggling industry-an  industry                                                                    
     we  ALL  rely on.  For  these  reasons, ASRC  does  not                                                                    
     support  HB 111.  We  support sound  tax  policy and  a                                                                    
     healthy    industry     which    promote    responsible                                                                    
     exploration,   production   and  incentives   to   spur                                                                    
     additional investment throughout the State.                                                                                
     ASRC encourages  the Committee  and the  legislature to                                                                    
     consider our  concerns and engage with  ASRC and others                                                                    
     in the  industry to construct  a fair and  balanced tax                                                                    
     structure   that  works   for  all   Alaskans.  Through                                                                    
     collaboration  with Alaska  businesses, we  can address                                                                    
     the  fiscal   deficit  and  stimulate   growth  without                                                                    
     sacrificing the  lifeblood of our economy.  HB 111 does                                                                    
     not accomplish this,  it would be one  step forward and                                                                    
     five steps  back for Alaska's  economy, at  the expense                                                                    
     of Alaskan businesses and  industry partners. We cannot                                                                    
     control the  price of  oil, but  we can  determine what                                                                    
     kind  of business  environment Alaska  will  have   and                                                                    
     what kind of  partner the State of  Alaska will be-both                                                                    
     of  these factors  are significant  considerations that                                                                    
     will   drive  investment   regardless   of  the   price                                                                    
7:17:06 PM                                                                                                                    
CO-CHAIR TARR pointed out that the bill doesn't address small                                                                   
producer credits.                                                                                                               
7:17:25 PM                                                                                                                    
PAUL D. KENDALL  stated opposition to HB 111,  and suggested what                                                               
measures need to occur, opining:   seal up the Permanent Fund and                                                               
dividends; move  the state  capital from  Juneau; and  invite the                                                               
companies  to  be the  state's  partners  in revenue  generation.                                                               
Situating   the  state   capital   in   Anchorage  will   provide                                                               
opportunities for  productive discussions he suggested,  and said                                                               
that state  management of  other resources  would also  be better                                                               
served by a legislative relocation.                                                                                             
7:23:50 PM                                                                                                                    
ADAM TROMBLEY  stated opposition  to HB  111, and  said companies                                                               
need stability  in order  to do  business.   There are  two major                                                               
factors by  which companies abide:   the price at which  they can                                                               
sell their  product or service,  and the cost of  doing business.                                                               
Oil  is based  on world  markets which  makes the  cost of  doing                                                               
business  the important  factor.   The oil  taxes have  changed 6                                                               
times in 12  years, causing a difficulty,  especially for smaller                                                               
companies endeavoring  to obtain capital  on the open  market for                                                               
exploration  and production  purposes.   By continually  changing                                                               
the game  for industry,  we're damaging  the ability  for smaller                                                               
companies to  push their projects  to those who  provide funding.                                                               
Not  all  oilfields  are  created   equal,  he  said,  and  large                                                               
companies  don't produce  particular  fields because  it may  not                                                               
prove profitable.  However, it  may be profitable for the smaller                                                               
oil and gas companies to develop the same field and fill TAPS.                                                                  
7:25:33 PM                                                                                                                    
LINDA FEILER stated  support for HB 111 and said  the reforms are                                                               
important,  and  although  the  changes  won't  solve  the  state                                                               
deficit they make  sense.  Passing comprehensive  oil tax reforms                                                               
will bolster  other fiscal  reform efforts.   She said,  "How can                                                               
you ask Alaskans to pay an  income tax, or a statewide sales tax,                                                               
or lose  their dividend, so that  they can help pay  for millions                                                               
of  dollars in  direct  cash payments  to  a for-profit  company,                                                               
undertaking  normal,   for-profit  business  operations."     All                                                               
Alaskans have a  right and duty to "tweak the  instruments of oil                                                               
taxation."   The  laws count  and must  be constantly  adapted to                                                               
changing  prices and  political situations.   Further,  she noted                                                               
that not  too many  oil companies  have gone  out of  business in                                                               
Alaska,  if   they  were  initially  well-established   prior  to                                                               
arrival.   The  bill will  help to  decrease the  existing fiscal                                                               
liabilities  and is  a step  in the  right direction.   The  bill                                                               
could  be made  stronger she  suggested.   As  a business  owner,                                                               
there were  times when she took  a cut in her  salary or borrowed                                                               
money  from  employees, but  the  oil  companies are  not  taking                                                               
similar measures.                                                                                                               
7:28:20 PM                                                                                                                    
KEN HALL stated  opposition to HB 111, and said  it will not help                                                               
to increase  oil production.   The bill  is totally  baffling, he                                                               
opined,  and said  it only  serves  to create  instability.   The                                                               
current  government  take  of  about 50  percent  appears  to  be                                                               
appropriate, he opined,  based on the numbers  he calculated; the                                                               
state may be the greedy party.   A radical change in the price of                                                               
oil may not be forthcoming but oil  needs to be in TAPS, which HB
111 will  not accomplish.   He agreed the subject  is complicated                                                               
and credits do work, as demonstrated in Cook Inlet.-                                                                            
7:32:08 PM                                                                                                                    
PETE STOKES stated opposition to HB  111, and reported that, as a                                                               
licensed  petroleum engineer,  he's worked  for 30  years in  the                                                               
global  oil  and  gas  industry.   Currently,  he  works  for  an                                                               
Alaskan-owned consulting firm, which has  had to lay off about 40                                                               
percent of  its professional  staff, due to  the downturn  in oil                                                               
prices.  The  trend can be turned around, if  the oil prices turn                                                               
around  and a  stable  oil  tax environment  is  available.   The                                                               
number of  fiscal changes made  to Alaska's oil tax  structure is                                                               
unprecedented, he  opined.  Increasing the  taxes and eliminating                                                               
the credits,  given the current  economic climate, will  serve to                                                               
drive  away   investments  and  major  new   developments.    The                                                               
possibilities for  future projects needs  to be ensured,  as they                                                               
represent  jobs  for  the  next generations  of  Alaskans.    The                                                               
passage  of Senate  Bill  21  [passed in  the  28th Alaska  State                                                               
Legislature] provided  attractive fiscal terms and  resulted in a                                                               
period of increased production in 2016.                                                                                         
7:34:52 PM                                                                                                                    
TOM WALSH, Managing Partner,  Petrotechnical Resources of Alaska,                                                               
LLC  (PRA), stated  opposition  to HB  111,  paraphrasing from  a                                                               
prepared statement,  which read as follows  [original punctuation                                                               
     I   am  a   geophysicist   and   managing  partner   of                                                                    
     Petrotechnical Resources of Alaska,  or PRA, an Alaskan                                                                    
     oil and gas consulting company  founded 20 years ago in                                                                    
     Anchorage.  PRA  employs a broad cross  section of very                                                                    
     talented  and respected  oil and  gas experts,  and our                                                                    
     clients  include major  oil companies,  independent oil                                                                    
     companies,  small  E&P  companies, federal,  state  and                                                                    
     local agencies, and Alaska  native corporations.  Early                                                                    
     last  year,  PRA  employed over  100  consultants,  and                                                                    
     since early  2016 we have  downsized 40-50% due  to low                                                                    
     oil prices, and diminished activity.                                                                                       
     While  the oil  and gas  industry  in the  lower 48  is                                                                    
     rapidly  recovering,  with   rig  count  climbing,  and                                                                    
     production on  the rise, we  Alaskans are still  in the                                                                    
     grip of  a recession.   Our major fields  are naturally                                                                    
     declining,   and   our  exploration   and   development                                                                    
     opportunities are far more expensive  than those of our                                                                    
     competitors in  the lower  48 and  elsewhere.   We have                                                                    
     rejoiced in the welcome news  of new discoveries on the                                                                    
     North  Slope  this  year,   but  development  of  those                                                                    
     resources  is   extremely  expensive,   and  commercial                                                                    
     decisions  regarding  their development  require  tight                                                                    
     cost   controls  at   every  level   of  planning   and                                                                    
     development.     Changes  in  tax  structure   are  not                                                                    
     typically treated as  variables in commercial modeling,                                                                    
     but perhaps  they should  be, based  on the  history of                                                                    
     our ever-changing taxation of the oil industry.                                                                            
     We  Alaskans are  extremely  dependent  on the  revenue                                                                    
     from  oil  production,  and  we  act  as  though  these                                                                    
     resources and  the revenue they  generate are  dials we                                                                    
     can turn up  when we need cash.   Unfortunately, we are                                                                    
     now  at a  decision  point  at which  we  can turn  the                                                                    
     screws tighter on the oil  industry and drive ourselves                                                                    
     out of business,  or we can think longer  term and take                                                                    
     action  to  accelerate  our  recovery  from  the  price                                                                    
     collapse.  Please  ask yourselves if we  really want to                                                                    
     be the only  government in the world  foolish enough to                                                                    
     increase taxes on a challenged  industry, one which has                                                                    
     provided  80-90%  of  our   general  fund  revenue  for                                                                    
7:37:26 PM                                                                                                                    
ROBERT GORDON VERNON stated support for  HB 111, and said the oil                                                               
companies  spent  $200 million  to  get  the tax  structure  they                                                               
wanted passed  under Senate  Bill 21 [passed  in the  28th Alaska                                                               
State Legislature],  but still one-third of  oil industry workers                                                               
are out of work, which can be  attributed to the price of oil not                                                               
the  tax  structure.    He maintained  that  there  are  negative                                                               
outcomes  often   created  by  tax  credits,   when  fly-by-night                                                               
operations are attracted  to the state, which can  easily fold to                                                               
the detriment of  all involved, and he provided an  example of an                                                               
Australian  firm.   Companies should  be carefully  vetted before                                                               
being  allowed  entrance, he  said  and  suggested that  the  tax                                                               
credit  money  could be  better  spent  by hiring  public  safety                                                               
officers,  medical  workers,  and  other  areas  of  employ  that                                                               
contribute directly to the needs of Alaskan communities.                                                                        
7:42:48 PM                                                                                                                    
J.R.  WILCOX,  Chairman,  Alaska   Chamber  of  Commerce,  stated                                                               
opposition to  HB 111, and  acknowledged the hard times  that the                                                               
state  is under  and the  difficulties  being faced  by the  30th                                                               
Alaska  State Legislature  regarding the  need to  find ways  and                                                               
means for stabilizing the budget.   Oil tax raises are a uniquely                                                               
destructive  way  to  raise  revenue, he  opined,  and  said  the                                                               
production  tax   method  should   not  be  changed,   as  future                                                               
production  is  directly based  on  today's  tax structure.    He                                                               
suggested  that  a  punitive  tax  structure  was  adopted  under                                                               
Alaska's  Clear and  Equitable Share  (ACES)[passed  in the  25th                                                               
Alaska State  Legislature], resulting in  less oil in  TAPS today                                                               
and contributing  to the  dire fiscal  situation.   Continuing to                                                               
raise  or  adjust   the  production  tax  system   is  likely  to                                                               
discourage investment decisions and mark  Alaska as a risky place                                                               
to do business.   The business community in  general is suffering                                                               
under  the current  economic  climate  and injecting  uncertainty                                                               
into the production  tax structure is the last  thing that should                                                               
happen; investments need  to be encouraged to  turn the situation                                                               
around and  fill TAPS.  He  urged the committee to  leave the tax                                                               
system in place and close the fiscal gap by other measures.                                                                     
7:45:47 PM                                                                                                                    
SCOTT    HAWKINS,    President/CEO,   Advanced    Supply    Chain                                                               
International (ASCI), stated opposition to  HB 111, and said ASCI                                                               
provides services  to the oil  and gas  sector.  Like  many other                                                               
companies, significant  reductions are being experienced  both in                                                               
service activity and employment  numbers; perhaps 20 percent down                                                               
in Alaska operations and continuing  to decline.  The only recent                                                               
industry growth has  been in the regions of  North Dakota, Texas,                                                               
and Pennsylvania.  Despite previous  comments, he opined, oil and                                                               
gas companies  have many options for  optimal operation locations                                                               
outside  of  Alaska.    Alaska's   economy  is  in  a  recession,                                                               
experiencing a  loss of 10,000 jobs  in the last 18  months.  The                                                               
bill will  exacerbate all  of Alaska's  economic issues,  he said                                                               
and  urged rejection  of  HB  111 in  order  to  send a  positive                                                               
message to industry.                                                                                                            
7:48:24 PM                                                                                                                    
SUE  CHRISTIANSEN stated  support for  HB 111,  and said  she has                                                               
worked in  Alaska's oilfields  for many  years.   She underscored                                                               
the  need to  stop  paying  millions of  dollars  in direct  cash                                                               
payments  to businesses  operating  with losses.   Oil  companies                                                               
make big  profits and  can afford  to be  taxed, she  assured the                                                               
committee.  The average oilfield  worker making $150,000 per year                                                               
generally lives Outside, and the  average working Alaska resident                                                               
makes about  $50,000.  The  bill leaves a generous  tax structure                                                               
in place, she opined and suggested  that, if anything needs to do                                                               
more and be stronger.                                                                                                           
7:51:00 PM                                                                                                                    
MERRICK PEIRCE  stated support for HB  111, and said it's  a good                                                               
start  in reforming  Senate Bill  21 [passed  in the  28th Alaska                                                               
State  Legislature] to  provide a  fair return  on the  state oil                                                               
resources.   The state budget cannot  be fixed as long  as a fair                                                               
return is  not required and  corporate welfare continues.   The 5                                                               
percent floor is not nearly  enough, especially for legacy fields                                                               
where the infrastructure is established  and TAPS costs have been                                                               
paid.  The myth of oil  prices can be countered by recalling that                                                               
at one time a barrel of oil  was worth $10.00.  Having oil prices                                                               
at $50.00  per barrel represents  $28 million of oil  leaving the                                                               
state  every day,  $800 million  per month,  and $10  billion per                                                               
year.  He pointed out Norway has  very high oil and gas taxes and                                                               
has almost $900  billion in its sovereign wealth fund.   The bill                                                               
provisions  regarding   interest  on   delinquent  taxes   is  an                                                               
important  reform  aspect  to  allow   a  higher  rate  than  the                                                               
currently  imposed  zero  percent   rate.    Alaska's  long  term                                                               
obligations,  such as  retirement fund  liabilities, will  not be                                                               
met  if the  decision is  to continue  to give  away the  oil, he                                                               
maintained, and urged passage of HB 111.                                                                                        
7:53:40 PM                                                                                                                    
MIKE SALLEE stated support for HB  111, and said it could be made                                                               
stronger.  The oil companies  and subcontractors make profits off                                                               
of  Alaska's oil  resources that  are  among the  highest in  the                                                               
world  and obtained  under  safe conditions.    A recent  British                                                               
Petroleum  (BP) promotional  video highlighted  that the  company                                                               
operates happily  in Iraq,  where the proceeds  are divided  at a                                                               
rate  of 2  percent and  98 percent,  respectively.   Seeing that                                                               
type  of contrast,  he  said doesn't  instill  confidence in  the                                                               
complex,  confusing,  and  convoluted  explanations  by  the  oil                                                               
industry in  Alaska.  The  oil belongs  to all Alaskans,  and all                                                               
Alaskans have  the right  to see  appropriate rates  collected on                                                               
sales.  Lucrative profits should  not be provided to any company.                                                               
He suggested that there is no harm  in allowing TAPS to slow to a                                                               
trickle  until oil  prices improve,  as the  oil is  safe in  the                                                               
ground.   There are costs held  by the public common  that remain                                                               
unaddressed by  the oil  companies, which  include:   growing CO2                                                               
levels  in the  atmosphere,  the health  cost  of pollution,  and                                                               
climate change.  He urged passage of HB 111.                                                                                    
7:56:39 PM                                                                                                                    
REED  CHRISTENSEN,  President,   Dallinbach  Corporation,  stated                                                               
opposition to  HB 111, and said  two years ago Dallinbach  had 32                                                               
employees  but today  there  are only  26.   Due  to the  current                                                               
economic situation  some are now part-time  workers, while others                                                               
are on a reduced  work week of 32 hours.  Now is  not the time to                                                               
increase taxes  on the oil  industry as it doesn't  make economic                                                               
sense,   he  said.     It's   expected  that   the  new   federal                                                               
administration  will   reduce  regulation,   promote  responsible                                                               
resource  development, and  reduce taxes  to bolster  the economy                                                               
across  America,  he  pointed  out  and  said  Alaska  should  be                                                               
following that  example to  bring optimism and  jobs back  to the                                                               
state.  The focus should be  to identify means for increasing oil                                                               
production and  to align  with the  producers and  developers, in                                                               
order to ensure economic health.                                                                                                
8:00:18 PM                                                                                                                    
GEORGE  PIERCE   stated  support  for   HB  111,  and   said  the                                                               
legislature changed the  oil tax structure at the  request of the                                                               
oil industry.   He said, "When  is enough, enough?"   Further, he                                                               
thanked the current  members for authoring the  bill, rather than                                                               
allowing it to  be written by the oil industry.   It represents a                                                               
good  start, but  it's  not  enough.   The  last  tax policy  was                                                               
modeled on  oil selling  at $100 per  barrel and  doesn't reflect                                                               
the current  situation.  Even  though the price began  falling in                                                               
2013, nothing's been  done to curb the "giveaways."   The current                                                               
production tax and  large cash payments have  crippled the state,                                                               
representing nothing more than a  redistribution of money, rather                                                               
than gains.   Raising the tax  from 4 to 5  percent will actually                                                               
only serve  to recoup  lost revenue  accrued under  the stackable                                                               
credits, which, he  opined should be removed.   He suggested that                                                               
the  tax  floor be  set  at  a minimum  of  at  least 8  percent.                                                               
Alaska's oil  industry has  become a  welfare recipient  with the                                                               
state  paying  35  percent  to   85  percent  of  costs  for  new                                                               
exploration  and  development,  respectively.     The  state  tax                                                               
director estimates  that the  credits equal  at least  $24.00 per                                                               
barrel, making  the state  better off if  funds were  invested in                                                               
the stock market.                                                                                                               
8:05:37 PM                                                                                                                    
DEBORAH BROLLINI  stated opposition  to HB  111, and  opined that                                                               
Alaska's future  is in increased  oil production.  She  related a                                                               
history of  testifying on the  past oil tax reform  bills, before                                                               
the various  committees.  Following  the previous oil  crash, her                                                               
career  entailed foreclosing  on  homes and  in today's  economic                                                               
downturn, the situation is beginning to  be repeated.   Alaska is                                                               
still  a world  class  oil  producing area,  she  said and  urged                                                               
partnering with the  oil producers.  The proposed  bill will lead                                                               
to  more layoffs  in  the oil  industry and  end  the six  figure                                                               
salaries  that  are  currently  flowing  into  Alaska's  economy.                                                               
Alaska needs more oil flowing through TAPS, she finished.                                                                       
8:07:37 PM                                                                                                                    
BRENDA DOLMA  stated support for  HB 111,  and said, "It  is time                                                               
that  oil  pays  their  fair  share."   She  opined  that  Alaska                                                               
industry should be further  diversified, renewable energy sources                                                               
explored, and  the oil  kept in the  ground with  the expectation                                                               
that its  value will increase in  the future.  The  bill will end                                                               
corporate welfare, and  serve to protect the state,  she said and                                                               
urged  passage  of  HB  111.     She  restated  her  support  for                                                               
diversifying   the  economy   to  create   more  jobs   in  other                                                               
8:10:55 PM                                                                                                                    
LISA  HOUGHTON stated  opposition to  HB 111,  pointing out  that                                                               
Prudhoe Bay  is celebrating  40 years of  operation, which  is 10                                                               
years  beyond  the lifespan  predicted  at  startup.   The  major                                                               
fiscal  problem Alaska  is facing  requires more  than the  short                                                               
term fix  that the  bill represents via  imposing taxes.   Higher                                                               
taxes  will  not increase  oil  production,  jobs, or  create  an                                                               
economic boost.   She suggested passage of the  bill would derail                                                               
a  number  of  economic  possibilities, such  as  additional  oil                                                               
discoveries, and business startups.    People will lose jobs, and                                                               
families will be  forced to leave the state, she  predicted.  The                                                               
preservation  of  continued oil  investment  and  a good  working                                                               
climate for  doing business is  important through a  stable price                                                               
environment.   Alaska needs to  be viewed  as the best  place for                                                               
oil companies to invest, she  stressed, and urged rejection of HB
8:13:59 PM                                                                                                                    
LAURIE FAGNANI stated opposition to  HB 111, and said the company                                                               
she owns  employs 23 Alaskans  whose jobs dependent on  a healthy                                                               
oil and gas  economy.  The company is down  about 20 percent this                                                               
year, and  the profit  margins have  been drastically  reduced in                                                               
the oil and gas sector.  The bill will jeopardize the recent up-                                                                
tick in production  levels to TAPS, and  discourage investment by                                                               
producers in the  North Slope, she opined.  This  is an important                                                               
time  to  partner with  and  incentivize  companies, and  not  to                                                               
impose punitive taxes, she said, and urged rejection of HB 111.                                                                 
8:15:49 PM                                                                                                                    
CO-CHAIR TARR announced HB 111 was held over, with public                                                                       
testimony open.                                                                                                                 

Document Name Date/Time Subjects
HB111 ver O 2.8.17.PDF HRES 2/13/2017 1:00:00 PM
HRES 2/17/2017 1:00:00 PM
HRES 2/20/2017 1:00:00 PM
HRES 2/22/2017 1:00:00 PM
HRES 2/22/2017 6:30:00 PM
HRES 2/24/2017 1:00:00 PM
HRES 2/27/2017 1:00:00 PM
HRES 3/1/2017 1:00:00 PM
HRES 3/1/2017 6:00:00 PM
HRES 3/6/2017 6:30:00 PM
HRES 3/8/2017 1:00:00 PM
HB 111
HB111 Fiscal Note DOR-TAX 2.12.17.pdf HRES 2/13/2017 1:00:00 PM
HRES 2/17/2017 1:00:00 PM
HRES 2/22/2017 1:00:00 PM
HRES 2/22/2017 6:30:00 PM
HRES 2/24/2017 1:00:00 PM
HRES 2/27/2017 1:00:00 PM
HRES 3/1/2017 1:00:00 PM
HRES 3/1/2017 6:00:00 PM
HRES 3/6/2017 6:30:00 PM
HRES 3/8/2017 1:00:00 PM
HRES 3/13/2017 1:00:00 PM
HB 111
HB111 Sectional Analysis 2.12.17.pdf HRES 2/13/2017 1:00:00 PM
HRES 2/17/2017 1:00:00 PM
HRES 2/20/2017 1:00:00 PM
HRES 2/22/2017 1:00:00 PM
HRES 2/22/2017 6:30:00 PM
HRES 2/24/2017 1:00:00 PM
HRES 2/27/2017 1:00:00 PM
HRES 3/1/2017 1:00:00 PM
HRES 3/1/2017 6:00:00 PM
HRES 3/6/2017 6:30:00 PM
HRES 3/8/2017 1:00:00 PM
HB 111
HB111 Sponsor Statement 2.12.17.pdf HRES 2/13/2017 1:00:00 PM
HRES 2/17/2017 1:00:00 PM
HRES 2/20/2017 1:00:00 PM
HRES 2/22/2017 1:00:00 PM
HRES 2/22/2017 6:30:00 PM
HRES 2/24/2017 1:00:00 PM
HRES 2/27/2017 1:00:00 PM
HRES 3/1/2017 1:00:00 PM
HRES 3/1/2017 6:00:00 PM
HRES 3/6/2017 6:30:00 PM
HRES 3/8/2017 1:00:00 PM
HRES 3/13/2017 1:00:00 PM
HB 111
HB111 Supporting Document - Letters in Support 3.1.17.pdf HRES 3/1/2017 6:00:00 PM
HRES 3/6/2017 6:30:00 PM
HB 111
HB111 Supporting Document - Support Letter 2.22.17.pdf HRES 2/22/2017 6:30:00 PM
HRES 3/6/2017 6:30:00 PM
HB 111
HB111 Opposing Document - Letters in Opposition 3.1.17.pdf HRES 3/1/2017 6:00:00 PM
HRES 3/6/2017 6:30:00 PM
HB 111
HB111 Supporting Document - Letters in Support 3.3.17.pdf HRES 3/6/2017 1:00:00 PM
HRES 3/6/2017 6:30:00 PM
HB 111
HB111 Opposing Document - Letters in Opposition 3.3.17.pdf HRES 3/6/2017 1:00:00 PM
HRES 3/6/2017 6:30:00 PM
HB 111
HB111 Opposing Document - Letter in Opposition 3.2.17.pdf HRES 3/6/2017 1:00:00 PM
HRES 3/6/2017 6:30:00 PM
HB 111
HB111 Opposing Document - Letter in Opposition NANA 3.2.17.pdf HRES 3/6/2017 1:00:00 PM
HRES 3/6/2017 6:30:00 PM
HB 111
HB111 Opposing Documents - Letter of Oppostion- North Slope Borough 3.3.17.pdf HRES 3/6/2017 1:00:00 PM
HRES 3/6/2017 6:30:00 PM
HB 111
HB111 Opposing Document - Letters in Opposition 3.3.17.pdf HRES 3/6/2017 1:00:00 PM
HRES 3/6/2017 6:30:00 PM
HB 111
HB111 Opposing Document - Letters in Opposition 3.6.17.pdf HRES 3/6/2017 6:30:00 PM
HB 111
HB111 Opposing Document - Letter in Opposition ARSC 3.6.17.pdf HRES 3/6/2017 6:30:00 PM
HB 111
HB111 Opposing Document - Letters in Opposition 3.6.17 Part Two.pdf HRES 3/6/2017 6:30:00 PM
HB 111
HB111 Supporting Document - Letters in Support 3.6.17.pdf HRES 3/6/2017 6:30:00 PM
HB 111