
Matt Kissinger
187:40 - 188:00
"we have as AGDC, even prior to Glenfarm coming into the project, we've put out there this assumption of $1.50 and I think we are still confidently within that assumption range."
“we have as AGDC, even prior to Glenfarm coming into the project, we've put out there this assumption of $1.50 and I think we are still confidently within that assumption range.”
Without your reporting it, I guess we wouldn't have this hearing if we weren't there. Representative Josephson, through the chair, we have as AGDC, even prior to Glenfarm coming into the project, we've put out there this assumption of $1.50 and I think we are still confidently within that assumption range.
Alaska Gasline Development Corporation testified to the House Finance Committee that Alaska's property tax structure would impose costs roughly 10 times higher than competing LNG projects, with potential annual taxes exceeding $800 million compared to $50 million at the next-highest jurisdiction. AGDC officials said property tax restructuring has been identified as a critical economic lever since 2020, though they acknowledged waiting until late March 2026 to bring legislation forward was a timing mistake.
