
Ken Alper
26:49 - 27:46
"the portion that would be attributed to the gas treatment plant would say 90% of that would be going specifically to the North Slope Borough where that's located, and 10%, a portion, would be retained by the state"
“the portion that would be attributed to the gas treatment plant would say 90% of that would be going specifically to the North Slope Borough where that's located, and 10%, a portion, would be retained by the state”
And the other important thing that this amendment is doing is it really delves into, Mr. Chairman, the mechanics of the allocation of that money among the municipalities. The underlying amendment, which was my understanding, Representative Staff's amendment, is really drawn from House Bill 2001, the governor's special session bill. Talks about allocation to the location where the, where the assets are located, which becomes another kind of keeping track of like, how do you do the pipeline portion? So what this amendment does is it breaks the tax itself into 3 separate components and divides it up a little more clarity. So the, for example, The portion that would be attributed to the gas treatment plant would say 90% of that would be going specifically to the North Slope Borough where that's located, and 10%, a portion, would be retained by the state.
The House Finance Committee voted 11-0 Wednesday to advance a major natural gas pipeline bill after adopting amendments that restructure municipal taxes and increase community impact aid to $80 million.

The Alaska House Finance Committee voted 7-4 Wednesday to strip municipalities of their ability to negotiate separate tax structures for the proposed gas pipeline. The change drew opposition from committee leadership despite passing. North Slope Borough officials said they wanted to keep control over resources in their region.
