Grier Hopkins
17:21 - 18:27
“the spur line in this language as it is right now is— it's an eligibility requirement. If the spur line is not being permitted by the developer, by the time that they're getting constructed, they would not get access to the full tax break that is being debated”
- Speaker
- Grier Hopkins
- Timestamp
- 17:21 – 18:27
- Transcript
- House Finance, 5/28/26, 1:30pm
- Community
- Alaska News
- Location
- Anchorage
- Captured at
- May 28, 2026
From the transcript
And then there was an amendment on the House floor that allowed the economic viability language that was put in to be well-defined, that it will work for Fairbanks because some people might not say that the cost of gas would be economic or the volume of gas, but the way we are working today and with access to this line, it would work well. So, you know, the spur line in this language as it is right now is— it's an eligibility requirement. If the spur line is not being permitted by the developer, by the time that they're getting constructed, they would not get access to the full tax break that is being debated, whatever the result of that that comes out of the legislature. That trigger is important to ensure that a spur line gets built and we're not left out in the proverbial cold. If we are relying on the will of the private sector to get this built without that language that triggers the tax break, I don't— I'm not going to hold my breath that we would get access to the gas.
Related Coverage
Alaska House examines $4 billion LNG equity option, Fairbanks spur-line tax break
Alaska House Finance Committee examined a plan letting the state buy 5 to 25 percent equity stakes in Alaska LNG for up to $4 billion total, while conditioning a tax break for the pipeline on building a 30-mile spur line to Fairbanks.
