05/21/13 - 9:18pm
JUNEAU — Gov. Sean Parnell on Tuesday signed into law an overhaul of Alaska’s oil tax structure, hailing it as part of an historic legislative package aimed at moving the state forward.
Parnell, who championed the overhaul as a way to increase oil production and industry investment, repeatedly referred to the bill as the “More Alaska Production Act.”
“It’s been an historic year for our state, it’s been a phenomenal year, a comeback year,” Parnell told a crowd at the Anchorage Chamber of Commerce. He said Alaska’s “energy comeback begins today.”