Resource Development Council
 
 

Key Votes on Oil Tax Increase

We would like to thank the Alaska Support Industry Alliance for compiling the following information.

Senate
Lease Deductions
Mainten-ance Costs
Standard Deduction
Statute of Limitations
Retro-activity
In-State Requirement
Final Bill
Bunde
YES
NO
NO
YES
YES
YES
NO
Cowdery
 
 
 
 
 
 
 
Davis
YES
NO
NO
YES
NO
YES
YES
Dyson
YES
YES
YES
YES
YES
YES
YES
Ellis
YES
YES
YES
YES
NO
YES
YES
Elton
YES
YES
YES
YES
NO
YES
YES
French
YES
YES
YES
YES
NO
YES
YES
Green
NO
NO
NO
NO
NO
YES
NO
Hoffman
NO
NO
NO
NO
NO
YES
NO
Huggins
NO
NO
NO
NO
NO
YES
NO
Kookesh
NO
NO
YES
NO
NO
YES
YES
McGuire
YES
YES
NO
YES
YES
YES
YES
Olson
YES
NO
YES
NO
NO
YES
YES
Stedman
NO
NO
NO
NO
NO
YES
NO
Stevens
NO
NO
NO
NO
NO
YES
YES
Therriault
YES
YES
YES
YES
YES
YES
YES
Thomas
YES
YES
YES
YES
NO
YES
YES
Wagoner
YES
YES
YES
YES
YES
YES
YES
Wielechowski
YES
YES
YES
YES
NO
YES
YES
Wilken
YES
YES
YES
YES
NO
YES
YES

Indicates
Compromises Future Investment

Amendments:

Lease Deductions - Allows DOR, through regulation, to determine deductible lease costs
Maintenance Costs - Disallows deductions for unscheduled maintenance with lost production
Standard Deduction - Caps PBU, Kup. opex ded. at 2006 level + 3% annual increase
Statute of Limitations - Increases statute of limitations for audits from 4 to 6 years
Retroactivity - Removes retroactive application to July 1, 2007
In-State Requirement - Removes provision limiting deductions to facilities built in-state

House
25% Rate
Transporta-tion Costs
Standard Deduction
Statute of Limitations
TIE Credits
In-State Requirement
Final Bill
Buch
YES
YES
YES
YES
YES
YES
YES
Chenault
NO
YES
NO
NO
NO
NO
NO
Cissna
YES
YES
YES
YES
YES
YES
YES
Coghill
NO
YES
NO
NO
YES
NO
YES
Crawford
YES
YES
YES
YES
YES
YES
YES
Dahlstrom
YES
YES
NO
YES
YES
NO
YES
Doll
YES
YES
YES
YES
YES
YES
YES
Doogan
YES
YES
YES
YES
YES
YES
YES
Edgmon
YES
YES
YES
YES
YES
YES
YES
Fairclough
YES
YES
NO
NO
NO
NO
NO
Foster
NO
YES
NO
NO
NO
NO
  
Gara
YES
YES
YES
YES
YES
YES
YES
Gardner
YES
YES
YES
YES
YES
YES
YES
Gatto
YES
YES
YES
YES
YES
YES
YES
Gruenberg
YES
YES
YES
YES
YES
YES
YES
Guttenberg
YES
YES
YES
YES
YES
YES
YES
Harris
YES
YES
NO
YES
YES
YES
YES
Hawker
NO
YES
NO
YES
NO
NO
NO
Holmes
YES
YES
YES
YES
YES
NO
YES
Johansen
NO
YES
NO
YES
NO
NO
NO
Johnson
NO
YES
NO
NO
NO
NO
NO
Joule
NO
YES
YES
YES
YES
NO
YES
Kawasaki
YES
YES
YES
YES
YES
YES
YES
Keller
YES
YES
YES
YES
YES
NO
YES
Kelly
YES
YES
NO
YES
YES
NO
YES
Kerttula
YES
YES
YES
YES
YES
YES
YES
LeDoux
YES
YES
YES
YES
YES
YES
YES
Lynn
YES
YES
YES
YES
YES
YES
YES
Meyer
NO
YES
NO
NO
NO
NO
NO
Nelson
YES
YES
YES
YES
YES
YES
YES
Neuman
NO
YES
NO
YES
NO
NO
NO
Olson
NO
YES
NO
YES
NO
NO
NO
Ramras
NO
YES
NO
NO
NO
NO
NO
Roses
YES
YES
NO
NO
NO
NO
NO
Salmon
YES
YES
YES
YES
YES
YES
YES
Samuels
NO
YES
NO
NO
NO
NO
NO
Seaton
YES
YES
NO
YES
YES
YES
YES
Stoltze
YES
YES
NO
YES
YES
NO
YES
Thomas
NO
YES
YES
NO
YES
NO
NO
Wilson
NO
YES
NO
NO
NO
YES
NO

Indicates
Compromises Future Investment

Amendments:

25% Rate - Increases base tax rate from 22.5% to 25%
Transportation Costs - DOR sets "just and reasonable" TAPS costs, w/o FERC or RCA
Standard Deduction - Caps PBU, Kup. opex ded. at 2006 level + 3% annual increase
Statute of Limitations - Increases statute of limitations from 4 to 6 years
TIE Credits - Denies deductions for prior investments in fields currently producing
In-State Requirement - Limits deductions to facilities built in-state