Politics & Government

April 7, 2010 6:39 AM

Alaska Senate looks at proposed oil drilling tax breaks

Gov. Sean Parnell's proposal to lower oil taxes on companies that drill in Alaska got its first hearing in the state Senate Tuesday afternoon, with less than two weeks remaining in the session. Parnell introduced the bill on Feb. 10, proposing to raise tax credits to 30 percent for all drilling and well-work expenses.

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