0:43

Dan Stickel

30:31 - 31:14

"for the conditional— for the conditional effect of the alternative volumetric tax, this is a one-time payment. Of $40 million upfront prior to pipeline construction or pipeline coming into production that is required to trigger the property tax relief."

for the conditional— for the conditional effect of the alternative volumetric tax, this is a one-time payment. Of $40 million upfront prior to pipeline construction or pipeline coming into production that is required to trigger the property tax relief.
Speaker
Dan Stickel
Community
Alaska News
Captured at
May 29, 2026

From the transcript

And is this a one-time program or is this an ongoing program? Sure. Co-chair Hoffman, so for the conditional— for the conditional effect of the alternative volumetric tax, this is a one-time payment. Of $40 million upfront prior to pipeline construction or pipeline coming into production that is required to trigger the property tax relief. And that would be a one-time payment, and then the grants would be managed through Department of Commerce, Community and Economic Development.

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