Name: Alexi Painter: 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.
Uploaded: 2026-06-19T17:01:00+00:00
Duration: 26 s
Description: 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.

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
Source: Alaska Legislature: Senate Finance - June 19, 2026 9:01am
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.

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