0:39
Matt Claman
51:03 - 51:43
"The S corp provisions of this legislation continue to trouble me, and it, And that also is reflected in the division that I see within my district."
“The S corp provisions of this legislation continue to trouble me, and it, And that also is reflected in the division that I see within my district.”
- Speaker
- Matt Claman
- Timestamp
- 51:03 – 51:43
- Community
- Alaska News
- Captured at
- July 16, 2026
From the transcript
And the vast majority of the income they provide to of the state for state revenue are in royalties and production taxes, not in any kind of corporate taxes as some of the other providers. So I find myself very, very troubled by that structure. I have always said I'm pro-choice, and part of being pro-choice means a business gets to come to the state and pick what kind of entity they're gonna have. So the S corp provisions of this legislation continue to trouble me, and it, And that also is reflected in the division that I see within my district. I also recognize the importance, Mr. President, as you and I have spoken about, the importance when we— in the majority that we work together.
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Alaska Senate passes HB 381 oil and gas tax bill 11-8, with dissenters signaling more work ahead
The Alaska State Senate passed the conference committee substitute for House Bill 381 on a split 11-8 vote Thursday, advancing legislation that reshapes oil and gas property taxes and governs the Alaska Gasline Development Corporation, but senators who voted no said the S corporation tax provision needs to be fixed before the bill can do what it promises.
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