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NEWS: Senate Passes a Balanced Budget with an $84.2 Million Surplus

JUNEAU – Today, the Alaska Senate passed House Bill 39, Fiscal Year 2024 operating and capital budgets. The Senate’s version of the budget increases education funding outside the formula by $174.9 million – the single largest increase in state history, provides Alaskans with a $1,300 permanent fund dividend, and leaves the state with a $84.2

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NEWS: Legislature Passes Bill Removing a Barrier to Entry for Prospective Truck Drivers

JUNEAU – Today, the House of Representatives passed Senate Bill 123 by the Senate Transportation Committee, which repeals the requirement that applicants for a commercial driver’s license (CDL) hold a regular driver’s license for one year. This requirement was enacted in 1985 before state and federal regulators modernized the training and licensing standards for CDLs.

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NEWS: ConocoPhillips Makes More Profit in Alaska Than Anywhere Else in the World in 1st Quarter of 2023 According to Non-Partisan Legislative Research Division

JUNEAU – Today, Sen. Bill Wielechowski, D-Anchorage, released the findings of a research report reviewing profit data recently released by ConocoPhillips. The legislature’s non-partisan research division found that in the first quarter of 2023, Alaska was the most profitable geographical area in the world for ConocoPhillips on a per barrel of oil equivalent (BOE). ConocoPhillips’

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