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Organizations/Alaska Department of Revenue
Alaska Department of Revenue

Alaska Department of Revenue

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Alaska's tax collection agency and home of the Permanent Fund Dividend Division. Manages state investment accounts, oil and gas taxation, and the PFD payout each fall.

Juneau, AK, USA

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House panel hears gas line tax bill with 15-cent volumetric fee

The House Finance Committee heard testimony Thursday on House Bill 381, which would replace traditional property taxes on the Alaska LNG pipeline with a 15-cent per thousand cubic feet volumetric tax, generating an estimated $577 million by 2033 while giving municipalities decision-making authority over gas treatment plants and LNG facilities.

Alaska Newsby Alaska News13h ago4 min readJuneau, Alaska
1 viewAI
Cover image for article: House panel hears gas line tax bill with 15-cent volumetric fee

Gas tax hike could net Alaska $590M over pipeline life, analysis shows

Department of Revenue analysis shows increasing the North Slope gas production tax from 13% to 17% would generate $590 million over 30 years without affecting in-state gas prices due to existing tax ceiling protections.

Alaska Newsby Alaska News3d ago3 min readJuneau, Alaska
4 viewsAI
Cover image for article: Gas tax hike could net Alaska $590M over pipeline life, analysis shows

Senate panel approves $485 million Department of Revenue budget

The Senate Finance Subcommittee on the Department of Revenue forwarded a $485.1 million budget recommendation to the full Finance Committee, including new auditor positions and rejecting structural changes to the Alaska Permanent Fund Corporation.

Alaska Newsby Alaska News1w ago2 min readAlaska
4 viewsAI
Cover image for article: Senate panel approves $485 million Department of Revenue budget

Energy consultant: Alaska LNG tax bill could cut delivered cost by 20 cents

Energy consultant tells House Resources Committee that proposed alternative volumetric tax in HB 381 would reduce delivered cost to Asia by roughly 20 cents per MMBtu compared to current property tax, potentially making the $46+ billion project more competitive globally while still generating stable municipal revenue.

Alaska Newsby Alaska News2w ago4 min readJuneau, AK, USA
4 viewsAI
Cover image for article: Energy consultant: Alaska LNG tax bill could cut delivered cost by 20 cents

House panel hears tax proposal for Alaska LNG project

The House Resources Committee received a Department of Revenue presentation on House Bill 381, which would replace property taxes on the Alaska LNG project with a 15-cent per thousand cubic feet volumetric tax on the pipeline, reducing the project's annual tax burden from nearly $750 million to roughly $200 million by 2033.

Alaska Newsby Alaska News1w ago4 min readJuneau
2 viewsAI
Cover image for article: House panel hears tax proposal for Alaska LNG project

State's $2.9B Reserve Fund Ranks Second Highest Nationally

Alaska's budget reserve fund of $2.9 billion ranks as the second highest among all U.S. states according to analysis presented to the Senate Finance Committee.

Alaska Newsby Alaska News1mo ago2 min readSenate Finance
7 viewsAI

Oil industry opposes tax provisions in Alaska gas pipeline bill

Alaska Oil and Gas Association testified against multiple tax provisions in SB 280, warning that sections decoupling oil and gas lease expenditures and imposing new S-corp taxes could harm current operations and chill investment.

Alaska Newsby Alaska News2w ago4 min readAlaska, USA
2 viewsAI
Cover image for article: Oil industry opposes tax provisions in Alaska gas pipeline bill

House Resources Committee debates LNG equity stakes, rejects wildlife refuge amendments

The House Resources Committee heard testimony on state equity participation in the Alaska LNG project and voted down nine amendments to a wildlife refuge consolidation bill, with most votes splitting 5-4 along party lines.

Alaska Newsby Alaska News2w ago7 min read
3 viewsAI
Cover image for article: House Resources Committee debates LNG equity stakes, rejects wildlife refuge amendments

Senate Finance hears tax modernization bill, sets aside for further review

The Senate Finance Committee heard testimony on House Bill 280, which would shift Alaska's corporate income tax apportionment from cost-based to market-based sourcing, but took no action on the measure.

Alaska Newsby Alaska News3w ago3 min readSenate
2 viewsAI
Cover image for article: Senate Finance hears tax modernization bill, sets aside for further review

Senate Finance hears corporate tax shift targeting online sales to Alaskans

The Senate Finance Committee heard testimony on House Bill 280, which would shift Alaska's corporate income tax to market-based sourcing, a change expected to generate $15 million annually by taxing out-of-state companies based on where Alaska customers receive services.

Alaska Newsby Alaska News3w ago2 min readSenate
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Alaska LNG tax bill could swing state revenue by hundreds of millions

Department of Revenue warns that regulatory interpretations of Senate Bill 280's complex tax provisions could shift Alaska's annual revenue by hundreds of millions of dollars, with the bill creating new taxes while exempting the Alaska LNG project from property taxes.

Alaska Newsby Alaska News2w ago4 min readAlaska
1 viewAI
Cover image for article: Alaska LNG tax bill could swing state revenue by hundreds of millions

State Assessment Review Board to hear property tax appeals in May

The State Assessment Review Board will hear property tax appeals in Anchorage from May 11-15, 2026, with videoconference options available.

Alaska Newsby Alaska News2w ago1 min readAnchorage, AK
1 viewAI

State retirement board to review withdrawal options at April 16 meeting

The Alaska Retirement Management Board's committee will meet April 16 to discuss withdrawal options and funding scenarios for state retirement plans.

Alaska Newsby Alaska News1mo ago1 min readAlaska
2 viewsAI

State seeks public input on Permanent Fund Dividend regulations

Alaska's Department of Revenue is seeking public comment through May 1, 2026, on potential improvements to Permanent Fund Dividend regulations.

Alaska Newsby Alaska News1mo ago1 min readAlaska
1 viewAI