by Ted Land
Tuesday, January 05, 2010
ANCHORAGE, Alaska -- Some lawmakers say they want to make sure tax breaks for oil companies don't mean a smaller check for Alaskans next October.
As it stands, the PFD is written in a statute, which means it's subject to change, although it's remained virtually untouched for 20-plus years.
Now, two lawmakers say they want the PFD written into the constitution, making it off limits.
At a press conference Tuesday morning, Rep. Harry Crawford and Sen. Hollis French made clear that they want hands off the PFD.
"The big conversation here is about big givebacks for the oil companies," Crawford said.
The two lawmakers are concerned about potential rollbacks to the state's oil tax structure called ACES.
They say they think the legislature might try to dip into the PFD in order to make up any lost revenue.