
Andy Josephson
83:46 - 85:01
"I also think that— I understand that the Kenai Borough Mayor may be in the interest of having the project may be speaking in support, but I think there's an undercurrent of concern by him. Certainly there is with the North Slope Borough"
“I also think that— I understand that the Kenai Borough Mayor may be in the interest of having the project may be speaking in support, but I think there's an undercurrent of concern by him. Certainly there is with the North Slope Borough”
I, I'm going to object to the amendment. I, um, fundamentally— and I talked about some of these things in previous hearings— it's difficult for me to know whether this much foregone revenue is required to make the project economical, and I don't have— we've had lots of consultant offerings as to that, but I don't feel like I'm comfortable with that. And I also think that— I understand that the Kenai Borough Mayor may be in the interest of having the project may be speaking in support, but I think there's an undercurrent of concern by him. Certainly there is with the North Slope Borough. And I also don't know the justification for a 30-year AVT that would be in place until —well, say 2060—whether that's necessary.
The House Finance Committee voted 11-0 Wednesday to advance a major natural gas pipeline bill after adopting amendments that restructure municipal taxes and increase community impact aid to $80 million.

The Alaska House Finance Committee voted 7-4 Wednesday to strip municipalities of their ability to negotiate separate tax structures for the proposed gas pipeline. The change drew opposition from committee leadership despite passing. North Slope Borough officials said they wanted to keep control over resources in their region.
