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Bert Stedman

66:16 - 66:36

"We have a property tax established in 1974 for 20 mils of our oil and gas. And that is a significant tax. And it hasn't been updated."

“We have a property tax established in 1974 for 20 mils of our oil and gas. And that is a significant tax. And it hasn't been updated.”
Community
Alaska News
Location
Alaska
Captured at
July 2, 2026

From the transcript

We have a property tax established in 1974 for 20 mils of our oil and gas. And that is a significant tax. And it hasn't been updated. And it particularly deals with the North Slope. We have eliminated that 20%, or excuse me, 20 mil rate.

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