
Dan Stickel
80:03 - 80:41
"we've heard from some impacted taxpayers that the top end of the range may be an aggressive assumption. And so we continue to present this as a range."
“we've heard from some impacted taxpayers that the top end of the range may be an aggressive assumption. And so we continue to present this as a range.”
Well, for in any given year with a limited number of taxpayers, you can have a loss situation, tax refunds. You could have a situation where there's zero net collections. At the high end of the range, if you have a year where there are none of those refund or loss situations, you could have close to $100 million per year. And we've heard, we've heard from some impacted taxpayers that the top end of the range may be an aggressive assumption. And so we continue to present this as a range.
The Alaska Senate added a corporate income tax on oil and gas pass-through entities like Hilcorp to the AK LNG gas-pipeline bill (HB 381), effective 2028 regardless of the project.

State economist Dan Stickel told a legislative conference committee Friday that the Senate version of HB 381 reduces the Alaska LNG export break-even price from $9.05 to $8.62 per thousand cubic feet — still above current futures market prices near $8 — prompting Rep. Justin Ruffridge to say the project simply "doesn't work."
