Adam Prestidge
139:31 - 140:17
“this tax structure, the alternative volumetric tax, has the benefit of creating alignment. And so the more, the more gas that flows on the pipeline, the greater the revenue to, to the state. The more gas that flows on the pipeline, the lower the cost of gas to the ratepayers.”
- Speaker
- Adam Prestidge
- Timestamp
- 139:31 – 140:17
- Community
- Alaska News
- Location
- Alaska
- Captured at
From the transcript
The other thing that I want to highlight is that this tax structure, the alternative volumetric tax, has the benefit of creating alignment. And so the more, the more gas that flows on the pipeline, the greater the revenue to, to the state. The more gas that flows on the pipeline, the lower the cost of gas to the ratepayers. And structuring this way incentivizes essentially a greater use of of the facility, of the pipeline itself. The last point that I'll make, a bit of a response to one of the points that was raised in the Department of Revenue's presentation, the financial structure of House Bill 381 is very carefully constructed.
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