
Kari Noor
72:17 - 73:01
"Adding unrelated targeted taxes, project-specific surcharges, or other policy provisions creates uncertainty. Even if those measures are narrowly intended, they send a broader signal that Alaska may change the rules during major investment decisions. That uncertainty affects whether companies choose to invest hire, purchase equipment, and grow in our state."
“Adding unrelated targeted taxes, project-specific surcharges, or other policy provisions creates uncertainty. Even if those measures are narrowly intended, they send a broader signal that Alaska may change the rules during major investment decisions. That uncertainty affects whether companies choose to invest hire, purchase equipment, and grow in our state.”
That is why the Chamber and our coalition partners have consistently urged lawmakers to keep gasline legislation focused on its intended purpose: creating the conditions necessary to advance the Alaska LNG Project. We also want to be clear about what could jeopardize that opportunity. Adding unrelated targeted taxes, project-specific surcharges, or other policy provisions creates uncertainty. Even if those measures are narrowly intended, they send a broader signal that Alaska may change the rules during major investment decisions. That uncertainty affects whether companies choose to invest hire, purchase equipment, and grow in our state.
Hilcorp senior vice president Luke Sargey told the Alaska Gas Line Caucus on Thursday that the company opposes a targeted income tax on Hilcorp, not the gas line, while Glenfarne and business groups urged lawmakers to pass the property tax bill without added taxes.

Enstar president John Sims told the Alaska Gas Line Caucus on Thursday the utility could be 3 billion cubic feet short this winter, equal to 18 midwinter days serving no customers. MEA's Tony Izzo said his gas is contracted for only 2 years and 7 months.
