Alaska Legislature passes last-minute oil tax deal, but capital budget is still pending

Alaska Dispatch News: The Alaska Legislature passed a late-night deal Saturday to end cash payments to oil companies, beating a midnight deadline to end its special session with an hour to spare.

The House vote was 33-6 and the Senate's was 18-0, in actions that both came after 10:30 p.m. Saturday. There was no public or industry testimony on the legislation, House Bill 111, which emerged at a joint House-Senate conference committee meeting earlier in the evening after hours of delays.

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