0:38
Pete Eklund
35:31 - 36:09
"During Phase 2, the committee substitute starts the tax rate at 10.6 cents per 1,000 cubic feet, which matches the effective rate for Phase 2 on slide 40 of Department of Revenue's presentation to this committee on Monday, the 15th. Thank you. The tax rate then doubles after 10 years and doubles again in 2060. The last tax increase is in place of the sunset provision in the other body's version of the bill."
“During Phase 2, the committee substitute starts the tax rate at 10.6 cents per 1,000 cubic feet, which matches the effective rate for Phase 2 on slide 40 of Department of Revenue's presentation to this committee on Monday, the 15th. Thank you. The tax rate then doubles after 10 years and doubles again in 2060. The last tax increase is in place of the sunset provision in the other body's version of the bill.”
- Speaker
- Pete Eklund
- Timestamp
- 35:31 – 36:09
- Community
- Alaska News
- Location
- Juneau
- Captured at
- June 19, 2026
From the transcript
And that many, many gas treatment plants would have been taxed at 13 cents in the other body's version of the bill. During Phase 2, the committee substitute starts the tax rate at 10.6 cents per 1,000 cubic feet, which matches the effective rate for Phase 2 on slide 40 of Department of Revenue's presentation to this committee on Monday, the 15th. Thank you. The tax rate then doubles after 10 years and doubles again in 2060. The last tax increase is in place of the sunset provision in the other body's version of the bill.