Alaska To Spend $1B On Gas, Energy Relief

Law360, New York (August 26, 2008, 12:00 AM EDT) -- Alaskans will get to stow some of their cash this winter, thanks to new legislation that will pour nearly $1 billion worth of state funds into energy-saving programs including a yearlong gasoline tax suspension and a statewide rebate program to help residents heat their homes.

Alaska's Governor Sarah Palin signed House Bill 4001 and Senate Bill 4002 into law Monday, effectively closing a special session of the state legislature that was called in order to deal with the looming energy crisis.

That special session also yielded...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.