
Bert Stedman
85:21 - 86:09
"the concern this morning was to get this legislation adopted on the table here so members could write amendments as needed and we'll have them discussed on the floor. But for the public, you can't write an amendment to a bill that doesn't exist until it gets out of Finance. So we had to get this bill adopted."
“the concern this morning was to get this legislation adopted on the table here so members could write amendments as needed and we'll have them discussed on the floor. But for the public, you can't write an amendment to a bill that doesn't exist until it gets out of Finance. So we had to get this bill adopted.”
So the concern this morning was to get this legislation adopted on the table here so members could write amendments as needed and we'll have them discussed on the floor. But for the public, you can't write an amendment to a bill that doesn't exist until it gets out of Finance. So we had to get this bill adopted. So we can start the amendment process. And of which I'd like to note, Mr. Chairman, that Ledge Finance has been working diligently preparing some of the amendments that they know that's coming because there's been numerous requests from members for inclusions in this bill that— items that were not included that will be put forth in amendments on the floor today.
The Alaska Senate Finance Committee voted 7-0 Friday to advance a rewritten tax bill for the Alaska LNG project, replacing a capital-expenditure formula with fixed per-unit rates and adding termination conditions for the tax abatement that would lapse if developers miss hard deadlines.
