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Legislature Passes In-State Refineries Bill

Press Release

Location: Juneau, AK

Governor Sean Parnell today thanked legislators for passing House Bill 287, his legislation to strengthen Alaska's in-state refineries. In addition to extending the state's contract to sell its royalty oil to Tesoro Refining and Marketing, LLC, HB 287 includes a tax incentives package aimed at keeping Alaska's refining industry healthy.

"Healthy in-state refineries support a strong military presence in Alaska, provide Alaska jobs, and add value to Alaskans' oil by refining it for use by Alaskans," Governor Parnell said. "I appreciate the Legislature's work to pass our incentives package which will keep this vital industry healthy."

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