“under the bill before the committee, we assume that the property tax would remain in place. For the gas treatment plant and for the LNG facility. Municipalities have the authority under the legislation before the committee to negotiate down that property tax or potentially replace it with a negotiated equity share.”
- Speaker
- Dan Stickel
- Timestamp
- 47:43 – 48:30
- Transcript
- House Finance, 5/21/26, 1:30pm
- Community
- Alaska News
- Captured at
From the transcript
So under— this has to do primarily with how the alternative volumetric tax is set up and modeled. So under the bill before the committee, we assume that the property tax would remain in place. For the gas treatment plant and for the LNG facility. Municipalities have the authority under the legislation before the committee to negotiate down that property tax or potentially replace it with a negotiated equity share. For modeling purposes, we've assumed that the property tax will remain or that some arrangement with a similar municipal revenue will be put into place.
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