0:30
Matt Kissinger
43:02 - 43:33
"We had them come in and compare it with every other jurisdiction, especially around the U.S., Canada, but also some overseas jurisdictions. And what they found was that our property tax in Alaska, the way it's structured, assured would result in property taxes a whole order of magnitude, so kind of 10 times higher than the next highest."
“We had them come in and compare it with every other jurisdiction, especially around the U.S., Canada, but also some overseas jurisdictions. And what they found was that our property tax in Alaska, the way it's structured, assured would result in property taxes a whole order of magnitude, so kind of 10 times higher than the next highest.”
- Speaker
- Matt Kissinger
- Timestamp
- 43:02 – 43:33
- Source
- HFIN-260527-1330
- Community
- Alaska News
- Location
- Alaska
- Captured at
- May 27, 2026
From the transcript
Your property taxes are much higher than we see everywhere else." So again, we worked with Gas Strategies. Can you go on to the next slide? Again, we worked with Gas Strategies. We had them come in and compare it with every other jurisdiction, especially around the U.S., Canada, but also some overseas jurisdictions. And what they found was that our property tax in Alaska, the way it's structured, assured would result in property taxes a whole order of magnitude, so kind of 10 times higher than the next highest.
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AGDC tells House Finance that Alaska property tax is 10 times higher than competing LNG projects
Alaska Gasline Development Corporation testified to the House Finance Committee that Alaska's property tax structure would impose costs roughly 10 times higher than competing LNG projects, with potential annual taxes exceeding $800 million compared to $50 million at the next-highest jurisdiction. AGDC officials said property tax restructuring has been identified as a critical economic lever since 2020, though they acknowledged waiting until late March 2026 to bring legislation forward was a timing mistake.
by Bill AlaskaNews1mo ago3 min readAIAlaska
