Alexi Painter
45:25 - 46:05
"AB 4359-030 provides the municipalities will directly collect the tax for the portion of the project property that's located in that municipality, weighted again by the capital costs."
“AB 4359-030 provides the municipalities will directly collect the tax for the portion of the project property that's located in that municipality, weighted again by the capital costs.”
- Speaker
- Alexi Painter
- Timestamp
- 45:25 – 46:05
- Community
- Alaska News
- Location
- Kenai Peninsula
- Captured at
- June 10, 2026
From the transcript
Please proceed, Mr. Painter. So going on to slide 10. So going further in this section, in Section 18, AB 4359-030 provides the municipalities will directly collect the tax for the portion of the project property that's located in that municipality, weighted again by the capital costs. And the next slide will show DOR's projection of what those are. So the state will collect the tax for the unorganized borough, and DOR will adopt regulations to determine how much the state and each municipality may levy by determining that project, the capital project weight.
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