0:44
Alexi Painter
43:20 - 44:05
"Starting when this tax takes effect, which would be 5 years after Phase 1 first gas or 500 million per day average throughput. All tax rates grow at a rate equaling CPI, but not less than 1% and not more than 3%."
“Starting when this tax takes effect, which would be 5 years after Phase 1 first gas or 500 million per day average throughput. All tax rates grow at a rate equaling CPI, but not less than 1% and not more than 3%.”
- Speaker
- Alexi Painter
- Timestamp
- 43:20 – 44:05
- Community
- Alaska News
- Location
- Juneau
- Captured at
- June 19, 2026
From the transcript
Starting when this tax takes effect, which would be 5 years after Phase 1 first gas or 500 million per day average throughput. All tax rates grow at a rate equaling CPI, but not less than 1% and not more than 3%. I should note one other change in this— minor change in the CS is that the House version, when the abatement period ends, if it ends due to— the throughput definition, the tax would take place after that 30-day period. This bill goes back and applies the tax on the first day of that 30-day period. There's not essentially a tax-free month of gas once they've hit that throughput method or milestone.