
Lyman Hoffman
83:43 - 84:44
"I believe that there is going to be further deliberation both by the full body of the Senate and anticipate additional amendments at that time. But the reason that we're proceeding today with passing the committee bill out is so that we have ample time for members to draft any amendments that that they may see fit to improve the legislation for consideration of the full body."
“I believe that there is going to be further deliberation both by the full body of the Senate and anticipate additional amendments at that time. But the reason that we're proceeding today with passing the committee bill out is so that we have ample time for members to draft any amendments that that they may see fit to improve the legislation for consideration of the full body.”
It has been the task of this committee to try to concentrate on a piece of legislation specifically to get a gas line built. I believe that there is going to be further deliberation both by the full body of the Senate and anticipate additional amendments at that time. But the reason that we're proceeding today with passing the committee bill out is so that we have ample time for members to draft any amendments that that they may see fit to improve the legislation for consideration of the full body. I would invite any members of the Senate Finance Committee to give comment at this time before we adjourn.
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.
