“cumulative through 2062 under our baseline assumptions, under current law we show $29.7 billion of cumulative state revenue. Under the bill introduced by the Governor, we show $22.5 billion, and under the version before the committee, we show $25. $1.1 Billion of cumulative state revenue.”
Okay. So again, comparing slides 26, 27, and 28, cumulative through 2062 under our baseline assumptions, under current law we show $29.7 billion of cumulative state revenue. Under the bill introduced by the Governor, we show $22.5 billion, and under the version before the committee, we show $25. $1.1 Billion of cumulative state revenue. Please.
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.
