
Dan Stickel
60:27 - 61:24
"we look at, under our baseline modeling, 2031 is the first year of exports when the first train comes online, and that would be the first year of tax liability for the alternative volumetric tax with a total of $39 million paid in, and that would increase to $131 million by 2033, which would be the first year of the full export operations. Under this version of the bill, the state would receive about 9% of the total AVT revenue, with the remainder allocated to the various municipalities and communities as outlined in this bill."
“we look at, under our baseline modeling, 2031 is the first year of exports when the first train comes online, and that would be the first year of tax liability for the alternative volumetric tax with a total of $39 million paid in, and that would increase to $131 million by 2033, which would be the first year of the full export operations. Under this version of the bill, the state would receive about 9% of the total AVT revenue, with the remainder allocated to the various municipalities and communities as outlined in this bill.”
We look at, under our baseline modeling, 2031 is the first year of exports when the first train comes online, and that would be the first year of tax liability for the alternative volumetric tax with a total of $39 million paid in, and that would increase to $131 million by 2033, which would be the first year of the full export operations, and that $131 million which then would increase by the, the 2% annual inflation adjustment thereafter. Under this version of the bill, the state would receive about 9% of the total AVT revenue, with the remainder allocated to the various municipalities and communities as outlined in this bill. And so the net unrestricted revenue to the state would be $4 million in 2031, increasing to $12 million in 2037. $131 Million by 2033. Senator Steadman.
Senator Bert Stedman pressed the Alaska Senate Finance Committee to obtain standalone Phase 1 pipeline economics before acting on Alaska LNG tax relief. The special session ends in four days.
