0:49
Pete Eklund
51:20 - 52:10
"it adds a new potential termination of the abatement period and the alternative volumetric tax if a final investment decision is not reached by January 1st, 2028, and if construction of the pipeline component is not completed by December 31st, 2032."
“it adds a new potential termination of the abatement period and the alternative volumetric tax if a final investment decision is not reached by January 1st, 2028, and if construction of the pipeline component is not completed by December 31st, 2032.”
- Speaker
- Pete Eklund
- Timestamp
- 51:20 – 52:10
- Community
- Alaska News
- Location
- Juneau
- Captured at
- June 19, 2026
From the transcript
Also, it adds a new potential termination of the abatement period and the alternative volumetric tax if a final investment decision is not reached by January 1st, 2028, and if construction of the pipeline component is not completed by December 31st, 2032. It removes a potential termination based on the start of the construction because it wasn't needed after these two new termination switches were added. There were conforming changes that are made due to moving away from using capital expenditures. And definitions are added for final investment decision. There's definitions for Phase 1 and Phase 2 also included in the bill.