0:32
Sarah Vance
40:27 - 41:00
"if we pass this today, all this is is the first step. If ultimately the producer cannot get, or the builder cannot get to final investment decision, what we call FEED, then we are left with an income tax bill."
“if we pass this today, all this is is the first step. If ultimately the producer cannot get, or the builder cannot get to final investment decision, what we call FEED, then we are left with an income tax bill.”
- Speaker
- Sarah Vance
- Timestamp
- 40:27 – 41:00
- Community
- Alaska News
- Location
- Alaska
From the transcript
So if we pass this today, all this is is the first step. If ultimately the producer cannot get, or the builder cannot get to final investment decision, what we call FEED, then we are left with an income tax bill. So we have passed this bill to allow the, the company to go get financing, and if he can't get financing, we're still stuck with the rest of what's in this bill, which is an income tax. Let me be very clear about that. This is why I'm not going to support this.