
Dan Stickel
26:07 - 26:42
"the core purpose of the legislation is to create a policy framework for replacing certain state and municipal property taxes with an alternative volumetric tax."
“the core purpose of the legislation is to create a policy framework for replacing certain state and municipal property taxes with an alternative volumetric tax.”
So slide 13, what does this bill do? So the core purpose of the legislation is to create a policy framework for replacing certain state and municipal property taxes with an alternative volumetric tax. And there are several DOR-specific impacts that I will walk through each of those in turn. But that is basically, in a nutshell, what the bill does is it provides an exemption from property taxes for portions of the project and replaces it with this AVT.
Alaska Senate Finance Committee demands actual commercial and financial data for proposed $46.2 billion gas pipeline before considering state investment role
