Lt. Governor Certifies Oil and Gas Tax Initiative

October 15, 2019 (Anchorage, AK) – Alaska Lieutenant Governor Kevin Meyer today certified the initiative application entitled “An Act relating to the oil and gas production tax, tax payments, and tax credits,” (19OGTX) based upon the recommendation from the Alaska Department of Law. According to a letter to 19OGTX initiative sponsors, the proposed initiative was found to be in the required form with a sufficient number of qualified sponsors.

19OGTX, submitted to the Office of the Lieutenant Governor on August 16, 2019, was reviewed by Division of Elections and the Department of Law to confirm the proposed bill is in the required form, the application is substantially in the required form, and there is a sufficient number of qualified sponsors, as outlined in AS 15.45.070.

The Alaska Division of Elections will begin the process of preparing petition booklets to allow full circulation throughout the state. 19OGTX sponsors will have one year to file the initiative petition from the date notice is given that the petition booklets are ready.

To read Attorney General Kevin Clarkson’s formal opinion of 19OGTX, click here.

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Division of Elections Contact: Gail Fenumiai, (907) 465-4611 gail.fenumiai@alaska.gov

Department of Law Contact: Cori Mills, (907)465-2132 cori.mills@alaska.gov