Volume 31, Number 5
Alaska Business Publishing Co.
Jim Martin, Publisher
Managing Editor Susan Harrington
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FROM THE EDITOR
May Day! May Day! I remember writing about that a few years ago when Alaska was in jeopardy of losing big oil investments due to disagreeable taxation. That was eventually resolved at
great cost, and investments started up again. Then the bottom fell out
of the price of oil, so now we’re faced with another problem: insufficient funds to carry on the way we were. We’re still waiting to find
out what’s next in that realm from the Alaska Legislature.
The print deadline for the May issue is a few days before the end of
session, so I can’t comment on how it all ends because as I write this
our elected leaders are still in Juneau legislating.
A few things could have dramatic consequences. There is a very real
risk that 42,000 working adults will not have access to healthcare;
128,000 K- 12 students will not be adequately funded in their public
schools; thousands of miles of roads, rail, and runways will not be repaired or maintained; and 800 miles of natural gas pipeline will not get
As of April 14 it’s not looking too good for Medicaid expansion,
public school funding, transportation spending, or pipeline consensus
between the first session of the 29th Legislature and the governor.
April 14 stats in the table below are from the Legislature’s website. It
will be interesting to compare with the session’s final stats. So far nothing had been signed, little had been passed, and a veto was threatened.
House Senate Totals
Intro Passed Intro Passed Intro Passed
Both Both Both
Bills 196 5 108 2 304 7
JointResolutions 25 8 17 0 42 8
ConcurrentResolutions 12 2 13 2 25 4
Resolutions 4 4 3 3 7 7
*No Special Concurrent Resolutions were introduced.
It all depends on some unknowns: failure or success in the passage
of bills, whether the governor’s veto powers are exercised or overridden, and general action or inaction by legislators on the budget and
bringing introduced bills to a vote. I get the impression from lawmakers, and from the governor, that they are worried that if certain bills
pass or don’t pass, or pass and get vetoed, or get vetoed and overridden, then hundreds of millions of dollars are at risk of evaporating into
thin air. It doesn’t appear that any have accepted the fact that billions
of dollars already have.
Of course we’ll all know the outcome of the session before this May
issue of Alaska Business Monthly is published and you’re reading it—
among the various ways—the print edition or the digital edition on
your computer or laptop or via the mobile app on your tablet, reader,
or phone. And the mystery will already be solved because you will
have been kept up to date on our website with everything and anything done by the Legislature and governor. Politics aside, the team
has put together another really great magazine, enjoy!
—Susan Harrington, Managing Editor
No Chicken Little, The Sky is Not Falling
It only seems to be