Bill > HB206

This bill amends Alaska Statute 43.55.890 to enhance the transparency of oil and gas production tax information by expanding the types of data that the state department can publicly disclose. Currently, the department may publish aggregated information about oil and gas production, including production amounts, taxes levied, effective tax rates, gross values, transportation costs, capital expenditures, and tax credits, as long as the data is compiled from three or more producers to protect individual company identities. The new provision additionally requires the department to proactively respond to public requests within 30 days by providing detailed unit-specific information for each working interest owner, including total production amounts, estimated gross value at production, transportation costs, production tax value, estimated tax due, and state royalty assessed. This change aims to increase public access to comprehensive information about oil and gas production and taxation in Alaska, promoting greater transparency in the state's energy industry financial reporting.

Agriculture and Natural Resources

https://www.akleg.gov/basis/Bill/Detail/34?Root=HB206