0:39

Erik Gunderson

26:04 - 26:44

"The removed language would have sunset the required RLC for the AVT 5 years after the final investment decision, also known as FID, on Phase 2. Modeling from Director Payne Painter and the Department of Revenue indicated this sunset would have effectively prevented any RLC from being paid on the AVT."

The removed language would have sunset the required RLC for the AVT 5 years after the final investment decision, also known as FID, on Phase 2. Modeling from Director Payne Painter and the Department of Revenue indicated this sunset would have effectively prevented any RLC from being paid on the AVT.
Speaker
Erik Gunderson
Community
Alaska News
Location
Alaska
Captured at
July 2, 2026

From the transcript

This is language added on the Senate floor returning to the structure, and this returns to the structure in version, version S. The removed language would have sunset the required RLC for the AVT 5 years after the final investment decision, also known as FID, on Phase 2. Modeling from Director Payne Painter and the Department of Revenue indicated this sunset would have effectively prevented any RLC from being paid on the AVT. Moving to Section 11, this is—. Are we going to wait to the end to ask questions, or is that something we can do in, in between? Yeah, thank you for the question, Representative Ruffridge.

Related Coverage

Alaska LNG tax bill advances as working draft, disputes unresolved

The Alaska Legislature's conference committee on HB 381 adopted a new working draft Thursday, with members raising disputes over how the alternative volumetric tax applies to required local contributions, among other provisions. Chair Schrage said the committee would take a few days off for the holiday weekend before reconvening to refine the bill further.

Walter AlaskaNewsby Walter AlaskaNews1mo ago3 min readAI
Alaska
Cover image for article: Alaska LNG tax bill advances as working draft, disputes unresolved