
Bert Stedman
67:51 - 68:20
"This is a significant reduction in the tax burden on this gas line in any way you cut it. And some of us are concerned maybe we are a little too aggressive in that direction."
“This is a significant reduction in the tax burden on this gas line in any way you cut it. And some of us are concerned maybe we are a little too aggressive in that direction.”
We're looking at the treatment plant through Tidewater. We're not looking at upstream. So there is a portion in this bill dealing with the pass-through entity tax that we'll be working on the next few weeks. But this is a significant reduction in the tax burden on this gas line in any way you cut it. And some of us are concerned maybe we are a little too aggressive in that direction.