
Calvin Schrage
4:46 - 5:05
"One question that I would have, which has not been addressed as of yet, is who is able to claim value for any tax abatement that's provided by the legislature. I think I've not heard that issue addressed yet and would appreciate hearing from you on that."
“One question that I would have, which has not been addressed as of yet, is who is able to claim value for any tax abatement that's provided by the legislature. I think I've not heard that issue addressed yet and would appreciate hearing from you on that.”
Very good. Appreciate you addressing this issue on the front end. I know there's been a lot of media attention over it the last few days. One question that I would have, which has not been addressed as of yet, is who is able to claim value for any tax abatement that's provided by the legislature. I think I've not heard that issue addressed yet and would appreciate hearing from you on that.
The Alaska Senate added a corporate income tax on oil and gas pass-through entities like Hilcorp to the AK LNG gas-pipeline bill (HB 381), effective 2028 regardless of the project.

State economist Dan Stickel told a legislative conference committee Friday that the Senate version of HB 381 reduces the Alaska LNG export break-even price from $9.05 to $8.62 per thousand cubic feet — still above current futures market prices near $8 — prompting Rep. Justin Ruffridge to say the project simply "doesn't work."
