KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

Back to Alaska

HB206 • 2026

OIL AND GAS DATA

An Act relating to disclosure of oil and gas production tax information.

Energy Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
REPRESENTATIVE MEARS
Last action
2025-05-15
Official status
(H) RES
Effective date
Not listed

Plain English Breakdown

The official status indicates the bill passed the legislature, but no effective date is provided in the source material.

Oil and Gas Tax Data Disclosure Act

This law allows Alaska state officials to share grouped tax and production data about oil and gas companies, and requires them to release specific details for individual owners within a unit upon request.

What This Bill Does

  • Allows the department to publish monthly or yearly data on oil and gas amounts, taxes paid, effective tax rates, gross value at production, transportation costs, capital spending, exploration costs, lease expenditures, adjustments, and tax credits if grouped among three or more producers or explorers.
  • Requires the department to release detailed information for each working interest owner within a specific unit when someone asks for it.
  • Mandates that requested details about production amounts, gross value, transportation costs, tax values, estimated taxes due, and state royalties be made public within 30 days of the request.

Who It Names or Affects

  • The Alaska Department responsible for collecting taxes under this chapter
  • Oil and gas producers or explorers operating in the state
  • Working interest owners who share ownership of a specific production unit

Terms To Know

Aggregated data
Information combined from three or more companies so that no single company can be identified.
Working interest owner
A person or group listed in the bill as owning a share of production within a specific unit for which data is requested.

Limits and Unknowns

  • Public data for individual companies is only available after a specific request is made, not automatically posted online.
  • General tax information can be published without identifying single producers if the numbers are grouped with at least two other operators (three total).
  • The text does not state when this law officially takes effect.

Bill History

  1. 2025-05-15 Min

    (H) Minutes (HRES)

  2. 2025-05-15 Text

    (H) Heard & Held -- Please Note Time Change --

  3. 2025-05-15 Text

    (H) RESOURCES at 01:00 PM BARNES 124

  4. 2025-05-14 Min

    (H) Minutes (HRES)

  5. 2025-05-14 Text

    (H) Heard & Held -- Delayed to a Call of the Chair --

  6. 2025-05-14 Text

    (H) RESOURCES at 01:00 PM BARNES 124

  7. 2025-04-22 847

    (H) REFERRED TO RESOURCES

  8. 2025-04-22 847

    (H) RES, FIN

  9. 2025-04-22 847

    (H) READ THE FIRST TIME - REFERRALS

Official Summary Text

OIL AND GAS DATA
An Act relating to disclosure of oil and gas production tax information.

Current Bill Text

Read the full stored bill text 
HB0206a -1- HB 206
New Text Underlined [DELETED TEXT BRACKETED]

34-LS0720\N

HOUSE BILL NO. 206

IN THE LEGISLATURE OF THE STATE OF ALASKA

THIRTY-FOURTH LEGISLATURE - FIRST SESSION

BY REPRESENTATIVE MEARS

Introduced: 4/22/25
Referred: Resources, Finance

A BILL

FOR AN ACT ENTITLED

"An Act relating to disclosure of oil and gas production tax information." 1
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 2
* Section 1. AS 43.55.890 is amended to read: 3
Sec. 43.55.890. Disclosure of tax information. Notwithstanding any contrary 4
provision of AS 40.25.100, and regard less of whether the inform ation is considered 5
under AS 43.05.230(e) to constitute s tatistics classified to prevent the identification of 6
particular returns or reports, the department 7
(1) may publish the following information under this chapter, if 8
aggregated among three or more producers or explorers, showing by month or 9
calendar year and by lease or property, unit, or area of the state: 10
(A) [(1)] the amount of oil or gas production; 11
(B) [(2)] the amount of taxes levi ed under this chapter or paid 12
under this chapter; 13
(C) [(3)] the effective tax rates under this chapter; 14
(D) [(4)] the gross value of oil or gas at the point of production; 15
34-LS0720\N
HB 206 -2- HB0206a
New Text Underlined [DELETED TEXT BRACKETED]

(E) [(5)] the transportation costs for oil or gas; 1
(F) [(6)] qualified capital expe nditures, as defined in 2
AS 43.55.023; 3
(G) [(7)] exploration expenditures under AS 43.55.025; 4
(H) [(8)] production tax values of oil or gas under 5
AS 43.55.160; 6
(I) [(9)] lease expenditures under AS 43.55.165; 7
(J) [(10)] adjustments to lease expenditures under 8
AS 43.55.170; 9
(K) [(11)] tax credits applicable or potentially applicable 10
against taxes levied by this chapter; 11
(2) shall, within 30 days after a request, make public the fol lowing 12
information under this chapter, by unit and by month: 13
(A) the total amount of oil and gas produced by each 14
working interest owner in the unit; 15
(B) the estimated gross value at the point of production of 16
oil and gas produced by each working interest owner in the unit; 17
(C) the estimated transportation costs attributable to oil 18
and gas produced by each working interest owner in the unit; 19
(D) the estimated production tax value of oil and gas 20
produced by each working interest owner in the unit; 21
(E) the estimated tax due under this chapter on oil and gas 22
produced by each working interest owner in the unit, as calcula ted under 23
AS 43.55.020; 24
(F) the amount of state r oyalty assessed on oil and gas 25
produced by each working interest owner in the unit. 26