Although the passage of Senate Bill 138, Gov. Sean Parnell’s gas line bill, was less contentious than the passage of SB21 (last year’s oil tax giveaway), there are several developments that make me equally nervous about Alaska’s fiscal future. When Sen. Bert Stedman, R-Sitka, one of the few consistent fiscal conservatives in the Alaska Legislature votes no on major legislation, I pay attention.
Stedman said his “vote against SB138 was not a vote against a natural gas pipeline. My vote was a statement against the fiscal structure in the bill and misalignment for the state.”