0:43
Bert Stedman
122:18 - 123:02
"You may conclude from AGDC's point that it is a, you know, marginal project to go forward. My concern is Department of Revenue may conclude like has been referenced here at the previous meeting. It could go negative, net negative revenue against the state. So that is a significant concern at the table."
“You may conclude from AGDC's point that it is a, you know, marginal project to go forward. My concern is Department of Revenue may conclude like has been referenced here at the previous meeting. It could go negative, net negative revenue against the state. So that is a significant concern at the table.”
- Speaker
- Bert Stedman
- Timestamp
- 122:18 – 123:02
- Community
- Alaska News
- Captured at
- June 1, 2026
From the transcript
And it is a concern and has been a concern of the legislature for years that we look at the entire, the aggregation of all of the capital infrastructure and how it's, how it affects our revenue stream and our deductibility. So you may conclude from AGDC's point that it is a, you know, marginal project to go forward. My concern is Department of Revenue may conclude like has been referenced here at the previous meeting. It could go negative, net negative revenue against the state. So that is a significant concern at the table.
Related Coverage
Senate Finance hears $18 billion revenue trade-off for Alaska LNG tax break
Alaska Senate Finance Committee reviews fiscal analysis of proposed tax structure for Alaska LNG project, showing $18 billion combined revenue reduction over project life in exchange for improved global price competitiveness.
by Bill AlaskaNews1d ago2 min readAIState Capitol
