State of Alaska

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SB21 - Oil and Gas Production Tax

"An Act relating to the interest rate applicable to certain amounts due for fees, taxes, and payments made and property delivered to the Department of Revenue; relating to appropriations from taxes paid under the Alaska Net Income Tax Act; providing a tax credit against the corporation income tax for qualified oil and gas service industry expenditures; relating to the oil and gas production tax rate; relating to gas used in the state; relating to monthly installment payments of the oil and gas production tax; relating to oil and gas production tax credits for certain losses and expenditures; relating to oil and gas production tax credit certificates; relating to nontransferable tax credits based on production; relating to the oil and gas tax credit fund; relating to annual statements by producers and explorers; establishing an Oil and Gas Competitiveness Review Board; relating to the determination of annual oil and gas production tax value including adjustments based on a percentage of gross value at the point of production from certain leases or properties; and making conforming amendments."

For full bill text please click HERE

Presentations by the Administration

Date: Document Title: Presented To: Author/Organization:
July 24, 2014  Creating Opportunities for Alaskans: A Comparison of the MAP Act (SB 21) to ACES Michael Pawlowski, DOR
June 17, 2014  More Alaska Production Act: Creating Opportunity for Alaskans 

Business Advocacy Coalition

Michael Pawlowski, DOR 
March 13, 2014 Senate Bill 21 in 15 Minutes Southeast Conference Michael Pawlowski, DOR
February 13, 2014 Briefing Paper on Alaska Production Forecast Changes AK Legislature & Public DOR
February 10, 2014 More Alaska Production Act: Creating Opportunity for Alaskans Capital City Republican Women - Juneau, AK Michael Pawlowski, DOR
January 28, 2014 Fall 2013 Forecast Presentation to House Finance Committee House Finance Committee DOR
December 16, 2013 More Alaska Production Act: Creating Opportunity for Alaskans Interior Delegation Michael Pawlowski, DOR
December 4, 2013 Fall 2013 Revenue Forecast Presentation N/A DOR
November 14, 2013 More Alaska Production Act: Creating Opportunity for Alaskans Juneau Chamber of Commerce Michael Pawlowski, DOR
November 6, 2013 More Alaska Production Act: Creating Opportunity for Alaskans Public/ Chamber/ MAC Group Michael Pawlowski, DOR
April 11, 2013 Select Slides From DOR Responses House Finance Committee DOR
April 6, 2013 Oil Tax Reform: Gross Revenue Exclusion House Finance Committee DNR
April 6, 2013 Fiscal Impact HCS CSSB21(RES) House Finance Committee DOR
April 5, 2013 Sectional Review HCS CSSB21(RES) House Finance Committee DOR / LAW
April 5, 2013 Oil Tax Reform - Arresting TAPS Throughput Decline House Finance Committee DNR / DOR
April 2, 2013 Preliminary Fiscal Impact HCS CSSB21(RES) House Resources Committee DOR
March 28, 2013 Oil Tax Reform - Arresting TAPS Throughput Decline House Resources Committee DNR / DOR
March 22, 2013 Gross Revenue Exclusion House Resources Committee DNR
March 14, 2013 DOR Additional Information Requested Senate Finance Committee DOR
March 13, 2013 SB 21 Fiscal Note Presentation & Draft - Provisions in CSSB21(FIN) and their Estimated Fiscal Impact as compared to Fall 2012 Forecast Senate Finance Committee DOR
February 28, 2013 Departments of Revenue and Law: Sectional Review CSSB 21  (RES) 28-GS1647\C Senate Finance Committee DOR / LAW
February 28, 2013 Fiscal Note Slides - CSSB21(RES) Senate Finance Committee DOR
February 28, 2013 Oil Tax Reform- Creating a Durable Production Tax System that is Competitive for the Long Term Benefit of Alaskans Senate Finance Committee DOR
February 28, 2013 Arresting TAPS Throughput Decline and Oil Tax Reform Senate Finance Committee DNR / DOR
February 15, 2013 Progressivity Senate Resources Committee DOR
February 11, 2013 A Durable Tax System That Is Competitive For The Long Term Senate Resources Committee DNR / DOR
February 11, 2013 Overview of SB 21 Oil & Gas Production Tax Senate Resources Committee DOR
January 29, 2013 Overview of SB 21 Oil & Gas Production Tax   DOR
January 22, 2013 Overview of SB 21 Oil & Gas Production Tax TAPS Throughput Committee DOR
January 22, 2013 Arresting TAPS Throughput Decline and Oil Tax Reform TAPS Throughput Committee DNR / DOR

Presentations by Consultants to the Administration

Date: Document Title: Presented To: Author/Organization:
April 11, 2013 Analysis of HCS CS SB21(FIN) for House Finance Committee House Finance Committee Econ One Research
April 10, 2013 SB 21 Alberta Benchmark Slides February 13, 2013 - Analysis of Alaska's Tax System, North Slope Investment and The Administration's Proposal House Finance Committee Econ One Research
April 10, 2013 Modified Slides House Finance Committee Econ One Research
April 9, 2013 Additional Comments on HCS CS SB21(RES) House Finance Committee Econ One Research
April 6, 2013 ACES, SB21/HB72 and HCS CS SB21(RES) for House Finance Committee House Finance Committee Econ One Research
April 3, 2013 HRES HCS CSSB21 Amended Backup Slide - Tax Rate Under SB 21 Vs. Amendment #8 (K.9) House Resources Committee Econ One Research
April 3, 2013 HRES HCS CSSB21 Amended Backup Slide - Tax Rate Under SB 21 Vs. Amendment #7 (K.22) House Resources Committee Econ One Research
April 3, 2013 HRES HCS CSSB21 Amended Backup Slide - Tax Rate Under SB 21 Vs. Amendment #6 (K.11)    
April 3, 2013 HRES HCS CSSB21 Amended Backup Slide - Tax Rate Under SB 21 Vs. Amendment #5 (K.24) House Resources Committee Econ One Research
April 3, 2013 HRES HCS CSSB21 Amended Backup Slide - Tax Rate Under SB 21 Vs. Amendment #4 (K.25) House Resources Committee Econ One Research
April 3, 2013 HRES HCS CSSB21 Amended Backup Slide - Average Government Take for All Existing Producers House Resources Committee Econ One Research
April 2, 2013 ACES, CS SB21(FIN) and HCS SB21(RES) Working Draft House Resources Committee Econ One Research
March 25, 2013 ACES, SB21/HB72 and CS SB21(FIN) Analysis House Resources Committee Econ One Research
March 14, 2013 Comments on Senate Finance CS SB21 Senate Finance Committee Econ One Research
March 12, 2013 Comments on Senate Finance CS SB21 Senate Finance Committee Econ One Research
March 6, 2013 Comments To Senate Finance SB21 / SRES CS SB21 Senate Finance Committee Econ One Research
March 1, 2013 Analysis of Alaska's Tax System, North Slope Investment & The Administration's Proposal - SB21 / SRES CS SB21 Senate Finance Committee Econ One Research
February 13, 2013 Analysis of Alaska's Tax System, North Slope Investment & The Administration's Proposal Senate Resources Committee Econ One Research
January 24, 2013 Analysis of Alaska's Tax System, North Slope Investment & The Administration's Proposal TAPS Throughput Committee Econ One Research

In the News

Date: Document Title: Prepared For: Author/Organization:
November 18, 2013 State publishes analysis of LNG export project fiscals Public DNR

Letters of Response from the Administration

Date: Document Title: Prepared For: Author/Organization:
April 10, 2013 SB 21 DOR Response to April 9th Committee Questions House Finance Committee DOR - Deputy Commissioner
April 8, 2013 Tangeman to HRES response to April 2nd Committee Questions House Resources Committee DOR - Deputy Commissioner 
April 7, 2013 SB 21 DOR Response to Committee Questions House Finance Committee DOR - Deputy Commissioner
April 7, 2013 SB 21 DOR Response to Committee Questions - Part 2 House Finance Committee DOR - Deputy Commissioner
March 27, 2013  Tangeman to Hoffman response to March 18th email  Senator Lyman Hoffman  DOR - Deputy Commissioner 
March 27, 2013  Tangeman to Cole response to March 22nd email  Dermot Cole, Fairbanks Daily News Miner  DOR - Deputy Commissioner 
March 26, 2013  Tangeman to Tuck response to February 22nd Letter  Representative Chris Tuck  DOR - Deputy Commissioner 
February 26, 2013  Butcher to Gara response to February 6th Letter  Representative Les Gara  DOR - Commissioner 
February 21, 2013 SB 21 DOR Answers to Committee Questions Senator Cathy Giessel / Senate Resources Committee DOR - Commissioner
February 7, 2013 SB 21 DOR Response to Sen. Gardner's Questions Senator Berta Gardner DOR - Deputy Commissioner

Miscellaneous Supporting Documents from the Administration

Date: Document Title: Prepared For: Author/Organization:
September 11, 2013 Notice Regarding Alaska Corporate Income Tax Credit for Qualified Oil & Gas Service Industry Expenditures   DOR- Tax Division
April 7, 2013 SB 21 DOR Handout 2013 Analyst Meeting Transcript House Finance Committee Thomson Reuters Streetevents
April 6, 2013 SB 21 Oil Tax Provisions Comparison - Major Provisions Under Proposed and Current Oil Production Tax Systems for North Slope Production House Finance Committee DOR - Commissioner's Office
April 5, 2013 HCS CSSB21(RES) Sectional Analysis House Finance Committee DOR / LAW
March 22, 2013 CSSB 21(FIN) Sectional Review for House Resources House Resources Committee DOR / LAW
March 12, 2013 SB 21 Oil Tax Provisions Comparison - Major Provisions Under Proposed and Current Oil Production Tax Systems for North Slope Production Senate Finance Committee DOR - Commissioner's Office
February 28, 2013 Committee Substitute for Senate Bill 21 (RES) Section Analysis Senate Resources Committee DOR / LAW
February 21, 2013 SB 21 Memo to Muni on Revenue Sharing Alaska Municipal League DOR - Deputy Commissioner
January 15, 2013 Oil Tax Transmittal Letter President of the Senate Governor Parnell
January 11, 2013 SB 21 Sectional Analysis   DOR - Tax Division

Fiscal Notes

Date: Document Title: Prepared For: Author/Organization:
January 15, 2013 SB 21 Fiscal Note DOR/TAX Governor DOR
January 14, 2013 SB 21 Fiscal Note DNR/DOG Governor DNR