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.”
- Speaker
- Dan Stickel
- Timestamp
- 30:31 – 31:14
- Transcript
- SFIN-260529-0900
- 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.
Related Coverage
Senate Finance Committee: how do you analyze a $46.2 billion pipeline without the numbers?
Alaska Senate Finance Committee halted action on SB 2001 until the state gets the developer's actual cost data and gas sales contracts instead of relying on a model built on guesses.
