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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Dan Stickel
“It does start with the same effective tax rates as the House version and simply fixes those rates and allocations in, in statute. The Senate version then added in the two doublings of the tax rate that was a major change from the House version.”Alaska Legislature: Joint Conference on HB381, 6/27/26, 10am · Jun 27, 2026
Dan Stickel
“for the first doubling of the tax rate, 100% of that doubling would go to community assistance, and then for the second doubling of the tax rate, 100% of that that next doubling would go to the state unrestricted general fund.”Alaska Legislature: Joint Conference on HB381, 6/27/26, 10am · Jun 27, 2026
Mike Cronk
“if we do nothing, these numbers go away, we have nothing here. There's zero revenue brought to this state. There's zero revenue brought to many communities.”Alaska Legislature: Joint Conference on HB381, 6/27/26, 10am · Jun 27, 2026
Dan Stickel
“The first effective 10 years, after 10 years of LNG export operations, where the tax rate doubles. And then the second effective in 2060, where the tax rate doubles. Again.”Alaska Legislature: Joint Conference on HB381, 6/27/26, 10am · Jun 27, 2026
Dan Stickel
“the Senate version of the bill removes some of the complexity in the calculation that was in the prior version of the bill.”Alaska Legislature: Joint Conference on HB381, 6/27/26, 10am · Jun 27, 2026
Dan Stickel
“But then increase to 52% of the total AVT with the second doubling of the tax rate.”Alaska Legislature: Joint Conference on HB381, 6/27/26, 10am · Jun 27, 2026
HB 381 exempts Alaska LNG project property from municipal taxes, replaces with volumetric splits
HB 381 exempts covered Alaska LNG project property from municipal property taxes and replaces that structure with a phased volumetric tax whose revenue splits shift significantly once LNG exports begin, with the Kenai Peninsula Borough receiving 48.4 percent of base Phase 2 revenue. The tax changes take effect only if specified conditions are met.
by Walter AlaskaNews1mo ago3 min readAI
Alaska's gas-pipeline bill now carries a tax on Hilcorp and others
The Alaska Senate added a corporate income tax on oil and gas pass-through entities like Hilcorp to the AK LNG gas-pipeline bill (HB 381), effective 2028 regardless of the project.
by Walter AlaskaNews1mo ago3 min readAI
Energy consultant tells House Finance that property tax makes Alaska LNG unfinanceable
House Finance Committee hears testimony on Alaska LNG property tax reform
by Bill AlaskaNews2mo ago3 min readAI
Senate Finance hears $18 billion revenue trade-off for Alaska LNG tax break
Alaska Senate Finance Committee reviews fiscal analysis of proposed tax structure for Alaska LNG project, showing $18 billion combined revenue reduction over project life in exchange for improved global price competitiveness.
by Bill AlaskaNews2mo ago2 min readAI
Alaska LNG's cheap-gas promise hinges on exports — and on costs staying in line
New Alaska Department of Revenue analysis shows LNG exports are key to cheap in-state gas — about $5/mcf versus $12.65 without them — but a cost overrun could push the export price above market.
by Walter AlaskaNews1mo ago2 min readAI
Alaska LNG tax bill advances to floor on split conference committee votes
The Alaska Legislature's conference committee voted 2-1 in both chambers Thursday to send a revised Alaska LNG tax bill to the floor, with supporters calling it a necessary step and the lone dissenter in each chamber citing an undefined income tax exemption and a property tax revenue structure he said sets a dangerous precedent.
by Walter AlaskaNews1mo ago1 min readAI
Alaska Supreme Court rules Sleep Clinic owes back taxes, not a small business
The Alaska Supreme Court ruled Friday that Alaska Sleep Clinic does not qualify for the state's small business tax exemption because it performs services in the field of health, upholding the Department of Revenue's denial for tax years 2016, 2017, and 2018 and setting a precedent for how Alaska taxes diagnostic health businesses.
by Walter AlaskaNews4w ago2 min readAI
The $15,000 PFD buy-out that never got a vote
A 2024 House bill would have let Alaskans trade their future Permanent Fund dividends for three years of payments. It cleared one committee with almost no support, stalled in House Finance, and died with the Legislature.
by Alaska News2mo ago2 min readAI
Alaska Energy Conference Highlights Gas Pipeline Progress Amid Legislative Tax Debate
The Alaska Sustainable Energy Conference showcased progress on the Alaska LNG project while the legislature debated competing tax frameworks for the pipeline. Inside: SB 280, consumer-cost concerns, the critical-minerals permitting gap, AI data centers, and rural Alaska's $6.63 gasoline.
by Walter AlaskaNews2mo ago4 min readAI
Alaska gas pipeline tax bill sets $40M milestone test for boroughs, schools, and rural heating fund
A 52-page conference committee substitute for HB 381 restructures how Alaska taxes the proposed North Slope-to-Southcentral gas pipeline, creating a conditional framework where borough revenue, school funding, and a rural heating fund only activate if the developer meets specific milestones by January 1, 2028.
by Walter AlaskaNews1mo ago3 min readAI
The number that quietly sets the state budget: a barrel of oil
Alaska North Slope crude is running above the state's Spring 2026 forecast, hinting at surplus revenue — but the forecast itself assumes a late-year jump to $91 a barrel.
by Walter AlaskaNews1mo ago2 min readAI
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.
by Alaska News3mo ago2 min readAIA pass-through tax, not the pipeline, is the real fight in Juneau
Alaska's gas pipeline tax bill conference committee weighs a new pass-through tax on oil and gas producers and a rewritten volumetric tax splitting revenue with communities.
by Walter AlaskaNewsadded 1mo ago3 min readAI
Alaska House passes corporate income tax bill for digital-era businesses
The Alaska House voted Wednesday to accept Senate changes to a corporate income tax bill updating how certain businesses apportion taxable income to Alaska.
by Walter AlaskaNews2mo ago1 min read
A sleep clinic said it isn't medicine. The court disagreed.
The Alaska Supreme Court ruled Alaska Sleep Clinic owes state corporate income tax because diagnostic sleep testing is a service in the field of health.
by Walter AlaskaNewsadded 2w ago2 min readAI
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.
by Alaska News3mo ago4 min readAI
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.
by Alaska News3mo ago3 min readAI
Senate Finance demands Phase 1 pipeline math before Alaska LNG tax vote
Senator Bert Stedman pressed the Alaska Senate Finance Committee to obtain standalone Phase 1 pipeline economics before acting on Alaska LNG tax relief. The special session ends in four days.
by Walter AlaskaNews2mo ago2 min readAI
Alaska gas line faces economic challenge even with tax breaks
The Alaska LNG project would struggle to compete in global markets even under the governor's proposed tax relief, with breakeven prices at the high end of current futures markets, according to state modeling presented to the House Finance Committee on Thursday.
by Walter AlaskaNews2mo ago3 min readAI
Alaska Senate opens special session on natural gas tax overhaul
The Alaska Senate convened Thursday to begin work on Senate Bill 2001, a comprehensive natural gas taxation package that addresses pipeline property taxes, municipal tax limits, and a new volumetric tax system.
by Walter AlaskaNews2mo ago2 min readAI
Senate panel reviews oil tax floor increase projecting $132M annual gain
The Alaska Senate Resources Committee heard Department of Revenue analysis showing that raising the oil production tax minimum floor from 4% to 6% would generate an average of $132 million annually in additional state revenue from fiscal years 2027 through 2036, though complex interactions with tax credits could produce a negative revenue impact in some years.
by Bill AlaskaNews2mo ago4 min readAI
Senate panel advances gas pipeline tax bill after 36 hearings
The Alaska Senate Resources Committee advanced Senate Bill 280, a gas pipeline tax structure bill, after two months of hearings despite concerns about limited project information and lack of administration support.
by Bill AlaskaNews2mo ago3 min readAI
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.
by Alaska Newsadded 4mo ago2 min readAI
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.
by Alaska News3mo ago4 min readAI
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.
by Alaska Newsadded 3mo ago4 min readAI
Senate Finance Committee: how do you analyze a $46.2 billion pipeline without the numbers?
Alaska Senate Finance Committee demands actual commercial and financial data for proposed $46.2 billion gas pipeline before considering state investment role
by Bill AlaskaNews2mo ago3 min readAI
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.
by Alaska News3mo ago4 min readAI
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.
by Alaska Newsadded 3mo ago2 min readAI
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.
by Alaska News3mo ago3 min readAI
State economist: even with tax breaks, the gas line barely works
State economist Dan Stickel told a legislative conference committee Friday that the Senate version of HB 381 reduces the Alaska LNG export break-even price from $9.05 to $8.62 per thousand cubic feet — still above current futures market prices near $8 — prompting Rep. Justin Ruffridge to say the project simply "doesn't work."
by Walter AlaskaNews1mo ago2 min readAI
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.
by Alaska Newsadded 3mo ago7 min readAI
Department of Revenue presents Senate Finance with Alaska LNG breakeven modeling across cost and tax scenarios
Department of Revenue modeling shows that if the Alaska LNG project costs $60 billion instead of the baseline $46.2 billion, the price needed to break even in global markets would jump by $1.60 per thousand cubic feet, significantly affecting project viability and the state's fiscal analysis of competing tax proposals.
by Walter AlaskaNews2mo ago2 min readAI
House Resources gas line bill would cost municipalities $13B under governor's plan
The Alaska House Finance Committee heard Thursday that the governor's version of HB 381 would reduce municipal property tax revenue from the Alaska LNG project by over $13 billion compared to current law, while the House Resources version would actually increase municipal revenue by retaining property tax on the gas treatment plant and LNG facility.
by Walter AlaskaNews2mo ago3 min readAI
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.
by Alaska News3mo ago4 min readAI
Alaska House passes bill removing tax-remittance deductions
The Alaska House passed legislation eliminating tax-remittance deductions for motor fuel, tobacco, and tire fees in a 25-14 vote.
by Walter AlaskaNews2mo ago1 min readAIAlaska Marijuana Control Board denies Anchorage cultivation license renewal over $633,000 tax debt
Alaska Marijuana Control Board denies cultivation license renewal for Alaskasense, LLC due to $633,009 in unpaid marijuana excise taxes, ordering facility closure within ten days
by Grant Robinsonadded 2mo ago1 min readAI
Department of Revenue presents Senate Finance with 25-scenario sensitivity analysis on Alaska LNG fiscal impact
Alaska Department of Revenue modeling shows the Alaska LNG project could cost the state $16.2 billion through 2062 under worst-case production scenarios combining Prudhoe Bay oil losses with Point Thompson underperformance at $100 per barrel oil prices.
by Walter AlaskaNews2mo ago2 min readAI