Alaska State House of Representatives
Interim: 145 Main St. Loop, Suite 223
Kenai, AK 99611 Phone: (907) 283-7223 Fax: (907) 283-7184 Toll-Free: (800) 469-3779 |
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Session: Rep. Mike Chenault State Capitol, Room 208 Juneau, AK 99801-1182 Phone: (907) 465-3779 Fax: (907) 465-2833
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News & Information from: House Majority Press
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| FOR IMMEDIATE RELEASE: March 30, 2009 |
CONTACT: Rep. Mike Chenault 465-3779
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Chenault Intro's Oil Export Surcharge LegislationHB 209 Filed in Response to Washington State Fuel Tax Legislation |
(Juneau) - House Speaker Mike Chenault, R-Nikiski, today filed legislation to counter-act a bill floated by Washington State's Legislature that targets Alaska's motor fuel imports from their state. House Bill (HB) 209 would levy a $15.70 surcharge per barrel of oil produced in Alaska that is delivered to a state that taxes Alaska for refined fuels.
HB 209 has 26 co-sponsors, including every member of the Alaska State House Majority Caucus.
The Washington bill, HB 2277, would remove the exported fuel tax exemption, which equates to 37.5 cents per gallon. A fiscal analysis prepared along with the bill estimates that the Washington treasury would stand to gain $490 to $540 million per year with passage of the bill. Of that, $11 to $15 million would come from Alaska.
"HB 209 was introduced following the State of Washington introducing a bill wanting to apply a tax of 37.5 cents on every gallon of refined fuel that left the state," Chenault said. "That would translate to roughly $11 to $15 million that consumers in Alaska would have to pay. We just didn't feel like it was the right thing to do, so we put together HB 209, which would take and in-turn only tax states that receive oil from Alaska and tax us for fuel."
HB 209 has been referred to the House Resources and Finance Committees.
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