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Organizations/Alaska House of Representatives/Alaska House Finance Committee
A

Alaska House Finance Committee

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Originates House-side appropriations + operating-budget oversight. The House co-chair pair runs the budget process.

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0:25

Alyse Galvin

“in other words, if it's $18 Japan market and then at $1 shipping plus $3 to $5 for LNG facilities, then are we talking 22 to $24?”

Alaska Legislature: House Finance, 6/1/26, 1:30pm · Jun 1, 2026

0:50

Brandy Baker

“we have to make a decision third quarter this year of which way to go if there's going to be a gas pipeline, we don't need to import, but we need to know that because we're running out of Runway to have enough time time for an import facility to be built in time to meet our gas requirement.”

Alaska Legislature: House Finance, 6/1/26, 1:30pm · Jun 1, 2026

0:19

John Sims

“This contract expires in 2033 and we have to find a replacement for 162 million a day. And there's no one in the cooking that can provide that today.”

Alaska Legislature: House Finance, 6/1/26, 1:30pm · Jun 1, 2026

0:28

John Sims

“When you look at our arrears or the folks that haven't been able to pay their bills, compared to prior years, we have a $7 million balance compared to what used to be a $1 million balance. So they're already struggling, and that's without the price of gas going up.”

Alaska Legislature: House Finance, 6/1/26, 1:30pm · Jun 1, 2026

0:29

John Sims

“Because of the cold temperatures that we had over this past winter, we were not able to get gas from any other location that we needed for our customers. Hilcorp provided that gas. They provided half a BCF and the price was $16.”

Alaska Legislature: House Finance, 6/1/26, 1:30pm · Jun 1, 2026

0:35

John Sims

“The cost for that LNG terminal infrastructure is between 3 to 5 dollars per mcf depending on participating volumes during that time. So right off the get go you have nearly $20 gas, potentially even more for that LNG solution.”

Alaska Legislature: House Finance, 6/1/26, 1:30pm · Jun 1, 2026

Tuesday, June 2, 2026Tue, Jun 2, 2026

ENSTAR says it locked in a price for Alaska LNG

ENSTAR announces $16/MCF North Slope gas contract price, comparing favorably to LNG imports but representing significant increase over current Cook Inlet costs; Southcentral utilities face 2026-2029 contract expiration deadlines requiring pipeline or import facility decisions.

Bill AlaskaNewsby Bill AlaskaNews1d ago2 min readAI
Anchorage
Cover image for article: ENSTAR says it locked in a price for Alaska LNG
Wednesday, May 27, 2026Wed, May 27, 2026

Energy consultant tells House Finance that property tax makes Alaska LNG unfinanceable

House Finance Committee hears testimony on Alaska LNG property tax reform

Bill AlaskaNewsby Bill AlaskaNews1w ago3 min readAI
Juneau
Cover image for article: Energy consultant tells House Finance that property tax makes Alaska LNG unfinanceable
Saturday, May 30, 2026Sat, May 30, 2026

North Slope, Kenai mayors negotiate gas line property tax as House Finance delays bill deadline

Alaska House Finance Committee postpones gas line tax bill amendment deadline as North Slope and Kenai Peninsula Borough mayors negotiate property tax structures with Alaska LNG developers

Walter AlaskaNewsby Walter AlaskaNews4d ago4 min readAI
Juneau, Alaska
Cover image for article: North Slope, Kenai mayors negotiate gas line property tax as House Finance delays bill deadline
Wednesday, May 27, 2026Wed, May 27, 2026

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.

Bill AlaskaNewsby Bill AlaskaNews1w ago3 min readAI
Alaska
Cover image for article: AGDC tells House Finance that Alaska property tax is 10 times higher than competing LNG projects
Friday, May 29, 2026Fri, May 29, 2026

Alaska House examines $4 billion LNG equity option, Fairbanks spur-line tax break

Alaska House Finance Committee reviews optional state equity investment in Alaska LNG project and property tax relief tied to Fairbanks spur-line construction

Bill AlaskaNewsby Bill AlaskaNews5d ago2 min readAI
Anchorage
Cover image for article: Alaska House examines $4 billion LNG equity option, Fairbanks spur-line tax break
Thursday, May 21, 2026Thu, May 21, 2026

Alaska House approves three day recess for Memorial Day weekend during gas line special session

The Alaska House of Representatives voted Thursday to allow recesses longer than three days during the special session on natural gas taxation, immediately adjourning until June 4.

Walter AlaskaNewsby Walter AlaskaNews1w ago2 min readAI
Juneau, Alaska
Cover image for article: Alaska House approves three day recess for Memorial Day weekend during gas line special session
Friday, May 22, 2026Fri, May 22, 2026

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.

Walter AlaskaNewsby Walter AlaskaNews1w ago3 min readAI
Juneau, Alaska
Cover image for article: Alaska gas line faces economic challenge even with tax breaks
Friday, May 22, 2026Fri, May 22, 2026

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.

Walter AlaskaNewsby Walter AlaskaNews1w ago3 min readAI
Juneau, Alaska
Cover image for article: House Resources gas line bill would cost municipalities $13B under governor's plan
Thursday, May 21, 2026Thu, May 21, 2026

Alaska House passes pay-card wage bill after fee provision removed

The Alaska House passed Senate Bill 79 allowing employers to offer pay cards for wages after removing a provision on credit card interchange fees.

Walter AlaskaNewsby Walter AlaskaNews1w ago1 min readAI
Alaska
Cover image for article: Alaska House passes pay-card wage bill after fee provision removed