Mike Cronk
50:09 - 50:48
"Uncertainty surrounding a potential pass-through entity tax, investor tax treatment, or other unresolved fiscal issues will significantly impact current and prospective investors at a time when certainty is critical to advancing financing, commercial agreements, to and make final investment decisions."
“Uncertainty surrounding a potential pass-through entity tax, investor tax treatment, or other unresolved fiscal issues will significantly impact current and prospective investors at a time when certainty is critical to advancing financing, commercial agreements, to and make final investment decisions.”
- Speaker
- Mike Cronk
- Timestamp
- 50:09 – 50:48
- Community
- Alaska News
- Location
- Alaska
- Captured at
- June 19, 2026
From the transcript
The proposal directly undermines the LNG project it is supposed to advance. The legislation is intended to advance the Alaska LNG project, yet the pass-through S-Corp provision imposes new taxes and new costs costs to upstream producers and the project developers themselves. This is fundamentally at odds with the bill's purpose of improving the project economics. Uncertainty around the S Corp implementation will kill investment. Uncertainty surrounding a potential pass-through entity tax, investor tax treatment, or other unresolved fiscal issues will significantly impact current and prospective investors at a time when certainty is critical to advancing financing, commercial agreements, to and make final investment decisions.
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