“total state revenue would be $781 million, and total local revenue would be $583 million. These are under the version 3 version of the bill in front of the committee.”
And so this just lays out the requests and I will walk through each of these in turn. So slide 4 provides a visual breakout of state and local revenue. And what we looked at is the revenue in 2033 once full export operations begin. So total state revenue would be $781 million, and total local revenue would be $583 million. These are under the version 3 version of the bill in front of the committee.
The Alaska LNG project would struggle to compete in global markets even under the governor's proposed tax relief, with breakeven prices at the high end of current futures markets, according to state modeling presented to the House Finance Committee on Thursday.

The Alaska House Finance Committee heard Thursday that the governor's version of HB 381 would reduce municipal property tax revenue from the Alaska LNG project by over $13 billion compared to current law, while the House Resources version would actually increase municipal revenue by retaining property tax on the gas treatment plant and LNG facility.
