Alaska Senate unanimously urges Congress to restore Alaska’s 90/10 resource revenue split from federal lands

Alaska Senate unanimously urges Congress to restore Alaska’s 90/10 resource revenue split from federal lands

The Alaska State Senate unanimously passed Senate Joint Resolution 19 on May 5, encouraging Congress to honor what it called “Alaska’s birthright” of the 90/10 split of revenue from mineral production on federal lands. The arrangement is guaranteed by the Alaska Statehood Compact.

Legislators push for stronger oversight of oil tax collection - The Alaska Current

The Alaska Senate on Monday unanimously approved a law strengthening the state’s oversight of the oil tax system, a move that lawmakers say is crucial to ensure the state is collecting the taxes it’s due. Senate Bill 183 was sparked after the Alaska Department of Revenue in 2019 stopped sharing detailed information about the oil and gas tax audit data, which left the Legislature’s auditor unable to give a full picture of the system to legislator…