
Peter Micciche
18:43 - 19:06
"I currently have the statutory right under Title 29 to negotiate a deal. If you take that right away, please make sure you protect our community from harm."
“I currently have the statutory right under Title 29 to negotiate a deal. If you take that right away, please make sure you protect our community from harm.”
Our hands are ready to go to work through a partnership with a reasonable entity that has demonstrated willingness to accept our reasonable terms and not further stress the economy of our community. I currently have the statutory right under Title 29 to negotiate a deal. If you take that right away, please make sure you protect our community from harm.
Kenai Peninsula Borough Mayor Peter Micciche told the Alaska Senate Finance Committee Wednesday that the House version of the Alaska LNG tax bill provides a workable 70% property tax reduction, while the original 90% cut would have left local taxpayers subsidizing the project.

Legislative Finance Division analysis shows the alternative volumetric tax structure in Senate Bill 2001 would generate approximately $124 million annually when the full Alaska LNG project is operational, with Kenai Peninsula Borough receiving $55 million and North Slope Borough receiving $40 million based on capital expenditure weights.
