All, It is a bit of a nightmare trying to find current or historical views of Alaskan statutes. Here is the relevant section of the statute paragraphs (a) through (o) which outline the tax credits:
http://www.legis.state.ak.us/basis/statutes.asp#43.55.023
SB21 which is up for repeal added paragraphs (p) through (u) which placed restrictions on the above tax credits (and added a bunch of non-exploration tax credits benefiting the big oil producers with legacy fields):
http://ballotpedia.org/Alaska_Ballot_Measure_1_(2014),_Full_Text_of_SB_21#Section_15
Unless anyone has evidence to the contrary, our tax credits are not under threat.
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