“The bill, as introduced by the governor, would be a material increase to the cost of gas. And would definitely make the project more attractive to investors. The version of the bill before the committee is a tax decrease overall, but to a much smaller extent than the bill as introduced by the governor”
- Speaker
- Dan Stickel
- Timestamp
- 92:15 – 93:16
- Transcript
- House Finance, 5/21/26, 1:30pm
- Community
- Alaska News
- Captured at
From the transcript
So Alaska LNG has the potential to provide tens of billions of dollars for the state of Alaska, the federal government and local governments, public and private sector. And beyond just those direct financial benefits that we've, that we've modeled would be an enhancement to energy security for both Alaska and the nation, significant job creation and economic development. The bill, as introduced by the governor, would be a material increase to the cost of gas. And would definitely make the project more attractive to investors. The version of the bill before the committee is a tax decrease overall, but to a much smaller extent than the bill as introduced by the governor, both by having a higher alternative volumetric tax rate for the pipeline and then by essentially carving out the, the treatment plant in the LNG facility and subjecting those to municipal election.
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