Tax proposal would reward in-state hiring

Posted: Wednesday, February 10, 2010

JUNEAU - A House committee has agreed to consider a revamped oil and gas measure that would create tax breaks for companies whose work forces are comprised of at least 80 percent Alaskans.

The in-state hiring incentive was attached Monday to a bill sponsored by Republican Rep. Craig Johnson. His measure would partially roll back industry taxes created in 2007 under the Alaska Clear and Equitable Share, or ACES. Discussions on the overall bill are expected in the coming weeks.

The jobs incentive appeared to have bipartisan support in the House Resources Committee, though partisan lines are forming on the overall bill.

Anchorage Democratic Rep. Chris Tuck says he would prefer the in-state hiring incentive stood as its own bill so it would be more likely to pass.

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