Wielechowski says oil tax credit bill fails constitutional test

posted by Michael Ortega - 

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An Anchorage senator says a plan by Gov. Bill Walker to pay off nearly $1 billion in tax credits runs afoul of the state constitution.

In February, Walker proposed selling up to $1 billion in bonds so the state can buy back the outstanding oil and gas exploration credits.

But Sen. Bill Wielechowski says Walker’s plan does not pass constitutional muster. 

Wielechowski says oil tax credit bill fails constitutional test

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