
Dan Stickel
106:04 - 106:30
"this bill carves out the property tax for gas treatment plant and LNG plant, and we assume that those would pay the current law property tax. And then the alternative volumetric tax for the pipeline is shared between the state and several municipalities."
“this bill carves out the property tax for gas treatment plant and LNG plant, and we assume that those would pay the current law property tax. And then the alternative volumetric tax for the pipeline is shared between the state and several municipalities.”
And again, the reason for that is that this bill carves out the property tax for gas treatment plant and LNG plant, and we assume that those would pay the current law property tax. And then the alternative volumetric tax for the pipeline is shared between the state and several municipalities.
The Alaska LNG project would struggle to compete in global markets even under the governor's proposed tax relief, with breakeven prices at the high end of current futures markets, according to state modeling presented to the House Finance Committee on Thursday.

The Alaska House Finance Committee heard Thursday that the governor's version of HB 381 would reduce municipal property tax revenue from the Alaska LNG project by over $13 billion compared to current law, while the House Resources version would actually increase municipal revenue by retaining property tax on the gas treatment plant and LNG facility.
