Alaska Legislature passes operating budget

JUNEAU (AP) — The Latest on action by the Alaska Legislature during the special session (all times local):

4:10 p.m.

The Alaska Legislature has approved a compromise state operating budget, the timing of which was aimed at preventing layoff warnings from being sent to state employees Wednesday.

House and Senate negotiators reached a compromise late Monday that addresses a number of issues that were important to minority House Democrats. Support from the minority was needed in the House to access a reserve fund to cover costs not covered by revenue.

Both the House and Senate approved the compromise Tuesday.

When asked if the governor would accept a budget funded with money from the constitutional budget reserve, Walker spokeswoman Grace Jang said he typically doesn't comment on pending legislation until it reaches his desk.

Several measures proposed by Walker to help address the state's budget deficit were still pending.

4 p.m.

The Alaska Legislature has approved a pared-down state infrastructure budget.

It was one of two budget packages that were being considered by state lawmakers on Tuesday. Lawmakers also took up the state operating budget.

Funding for both would come from the constitutional budget reserve, a state savings account.

Gov. Bill Walker has proposed tax increases, a personal state income tax and structured annual draws from Alaska Permanent Fund earnings as part of a long-term fiscal plan. Those pieces were still pending in the special session

 

Updated: 
05/31/2016 - 4:25pm

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