JUNEAU, Alaska (AP) - The Latest on a lawsuit over Gov. Bill Walker’s bonding proposal (all times local):
12:05 p.m.
A judge will consider more briefing before deciding whether to dismiss a case challenging the constitutionality of Gov. Bill Walker’s plan to pay Alaska’s oil and gas tax credit obligations.
The state has asked that the case, brought by Juneau resident Eric Forrer, be dismissed.
Superior Court Judge Jude Pate on Monday asked pointed questions of Forrer’s attorney, Joe Geldhof, and asked Geldhof for legal arguments and not policy arguments.
The Legislature earlier this year passed a bill pushed by Walker that would establish a new state corporation that would be empowered to sell up to $1 billion in bonds to pay off the state’s remaining tax credit obligations.
Alaska’s attorney general has said her office is confident that the proposed bonds would be lawful.
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9:15 a.m.
The state of Alaska is asking a judge to dismiss a lawsuit challenging Gov. Bill Walker’s plan for paying off the state’s remaining oil and gas tax credit obligations.
Arguments on the request are scheduled for Monday.
The Legislature earlier this year passed a bill pushed by Walker that would establish a new state corporation that would be empowered to sell up to $1 billion in bonds to pay off the state’s remaining tax credit obligations.
A Juneau man sued, challenging the constitutionality of the proposal.
Alaska’s attorney general has said her office is confident that the proposed bonds would be lawful.
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