Good news from Alaska: the Alaska Superior Court has now confirmed the constitutionality of House Bill 331 resolved by the Senate in May 2018.
HB 331 enables payment of the outstanding and still awaited tax credits for all natural gas and oil extraction companies active in Alaska. These amount to around 1 billion US Dollars, to be issued as bonds.
It is anticipated that an appeal will be submitted to the Alaska Supreme Court. The judgement could potentially be passed in summer this year.