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4/6/12 News - The Senate Finance Committee has released new oil tax legislation; Film tax credit program changes being considered;

By Joaqlin Estus

http://stream.publicbroadcasting.net/production/mp3/kbc/local-kbc-1009234.mp3

Juneau, AK – The Senate Finance Committee releases a bill that would restructure Alaska's oil tax system. Industry representatives say to make Alaska a film-friendly state, Legislators need to put $200 million into a renewed a film tax credit program that has already led to a jump in the number of films being made in Alaska, new jobs, and a boost to rural economies. But they say infrastructure development hinges on the Legislator's decision on whether to renew the program, which is due to sunset in 2013.