Originates House-side appropriations + operating-budget oversight. The House co-chair pair runs the budget process.
Alaska State Capitol, 120 4th St, Juneau, AK 99801

Ken Alper
“underlying Amendment 10 is, is new to the bill, so it's not amending any existing sections... we're working within the governing statutes of the AGDC themselves that were established back in 2013 with, with House Bill 4, which gave them a lot of autonomy ability to have confidentiality in their contracting”Alaska Legislature: House Finance, 6/10/26, 11am · Jun 10, 2026

Neal Foster
“I think it's a good effort to try to come to some kind of resolution with the North Slope, but I am persuaded by their argument that, you know, the resource comes from the region and they'd like to have more say over what they do within their region”Alaska Legislature: House Finance, 6/10/26, 11am · Jun 10, 2026

Will Stapp
“it removes municipalities' ability to negotiate their own separate tax structure from the volumetric structure of the bill”Alaska Legislature: House Finance, 6/10/26, 11am · Jun 10, 2026

Andy Josephson
“I also think that— I understand that the Kenai Borough Mayor may be in the interest of having the project may be speaking in support, but I think there's an undercurrent of concern by him. Certainly there is with the North Slope Borough”Alaska Legislature: House Finance, 6/10/26, 11am · Jun 10, 2026

Ken Alper
“from talking to him, and now I have secondhand knowledge, I don't think they're particularly thrilled, to be completely honest. They really wanted the autonomy to be able to negotiate their own way”Alaska Legislature: House Finance, 6/10/26, 11am · Jun 10, 2026

Calvin Schrage
“I'm doing what I can to try and enable this project and give it a fighting chance while still protecting the state's interest. I think this amendment moves a significant way in that direction”Alaska Legislature: House Finance, 6/10/26, 11am · Jun 10, 2026
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.

House Finance Committee hears testimony on Alaska LNG property tax reform

The House Finance Committee voted 11-0 Wednesday to advance a major natural gas pipeline bill after adopting amendments that restructure municipal taxes and increase community impact aid to $80 million.

Alaska House Finance Committee caps natural gas prices at $16 per million BTU for Alaskans through statutory amendment to House Bill 381, mirroring Enstar contract terms to protect ratepayers from cost overruns on Alaska LNG project.

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.

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

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.

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.

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

Alaska House Finance Committee voted 6-5 Tuesday to direct the Regulatory Commission of Alaska not to approve contracts that pass Alaska LNG cost overruns to ratepayers. The developer confirmed support for the protection.

The committee adopted an amendment Monday allowing municipalities to collect their share of the alternative volumetric tax directly from the pipeline operator rather than waiting for state appropriation, addressing borough concern about cash-flow delays and legislative control.

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

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.

State Representative Neal Foster filed for re-election in House District 39. The Democrat emphasized his seniority and his work securing higher dividend payments, heating assistance, and electric subsidies for rural Alaska.
