JUNEAU, Alaska — Gov. Sean Parnell took on critics in the state Legislature about his plans for both oil tax reform and education policies during a press conference on Thursday.
Parnell once again urged the Legislature to pass oil tax reform in the form of the bill he backs: House Bill 110. He says reduced taxes for oil companies would spur development on the North Slope. The bill passed the House last year, but stalled in the Senate -- with some Democrats referring to the bill as an oil company giveaway.
Despite the apparent uphill battle Parnell's bill faces in the Senate, he says he still has hope.
"I think HB 110 is very much alive in the committee process, I'm calling on (the Senate) to hold hearings on House Bill 110, to move it," Parnell said. "If they have a meaningful way to impact investment, I'd really like to hear it."