0:25
Alexi Painter
47:10 - 47:35
"The other body's version, rather than this, in 2060 had a sunset that returned to the mill rate formula. Instead, this keeps the AVT but at a higher rate. And so again, those earlier shares continue, but as the taxes increase, the increased amount goes to a different place."
“The other body's version, rather than this, in 2060 had a sunset that returned to the mill rate formula. Instead, this keeps the AVT but at a higher rate. And so again, those earlier shares continue, but as the taxes increase, the increased amount goes to a different place.”
- Speaker
- Alexi Painter
- Timestamp
- 47:10 – 47:35
- Community
- Alaska News
- Location
- Juneau
- Captured at
- June 19, 2026
From the transcript
The other body's version, rather than this, in 2060 had a sunset that returned to the mill rate formula. Instead, this keeps the AVT but at a higher rate. And so again, those earlier shares continue, but as the taxes increase, the increased amount goes to a different place. Senator Steadman. Yes, thank you, Mr. Chairman.