
Robert Yundt
46:37 - 47:05
"this is arguably the fourth most consequential piece of legislation in the history of the state behind statehood, TAPs, and the PFD."
“this is arguably the fourth most consequential piece of legislation in the history of the state behind statehood, TAPs, and the PFD.”
If you are— Senator Yunt. Ah, thank you, Mr. President, for giving me a brief moment here to visit with you about HB 381 and I think maybe touch on where many of us are at. You know, I really wish that this bill had been given to us last year. I think a lot of us do. Not receiving something— this is arguably the fourth most consequential piece of legislation in the history of the state behind statehood, TAPs, and the PFD.
The Alaska State Senate passed the conference committee substitute for House Bill 381 on a split 11-8 vote Thursday, advancing legislation that reshapes oil and gas property taxes and governs the Alaska Gasline Development Corporation, but senators who voted no said the S corporation tax provision needs to be fixed before the bill can do what it promises.
