
Alexi Painter
42:47 - 43:12
"So 6% goes off the top to North Slope Borough because that'll be the location of the mini gas treatment plant. And then the remaining revenue is split equally to municipalities by pipeline mileage. And then to community assistance."
“So 6% goes off the top to North Slope Borough because that'll be the location of the mini gas treatment plant. And then the remaining revenue is split equally to municipalities by pipeline mileage. And then to community assistance.”
So 6% goes off the top to North Slope Borough because that'll be the location of the mini gas treatment plant. And then the remaining revenue is split equally to municipalities by pipeline mileage. And then to community assistance. So that's a small change from the previous, the House version. In the House version, it went to other, to local governments throughout the state by the per capita calculation with community assistance.
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.
