0:38
Erik Gunderson
34:14 - 34:53
"We amend Section 3509-020 to clarify when the alternative volumetric tax takes effect. Based on a Department of Revenue request for clarification, this clarification makes clear when the annual inflation adjustment begins, which is the year after Phase 1 begins for both the 6.2 cents starting rate for Phase 1 and 10.6, um, for Phase 2. This also changes Alaska CPI to US CPI to conform with changes made in Section 24."
“We amend Section 3509-020 to clarify when the alternative volumetric tax takes effect. Based on a Department of Revenue request for clarification, this clarification makes clear when the annual inflation adjustment begins, which is the year after Phase 1 begins for both the 6.2 cents starting rate for Phase 1 and 10.6, um, for Phase 2. This also changes Alaska CPI to US CPI to conform with changes made in Section 24.”
- Speaker
- Erik Gunderson
- Timestamp
- 34:14 – 34:53
- Community
- Alaska News
- Location
- Alaska
- Captured at
- July 2, 2026
From the transcript
In Section 29— this is Section 30 in version S.A. We amend Section 3509-020 to clarify when the alternative volumetric tax takes effect. Based on a Department of Revenue request for clarification, this clarifi— clarification makes clear when the annual inflation adjustment begins, which is the year after Phase 1 begins for both the 6.2 cents starting rate for Phase 1 and 10.6, um, for Phase 2. This also changes Alaska CPI to US CPI to conform with changes made in Section 24.