Alaska House advances gas pipeline tax break to state Senate for further work

The Alaska House of Representatives has voted to advance a multibillion-dollar tax break for the proposed trans-Alaska natural gas pipeline project. The House’s 34-5 action sends the tax break to the state Senate, which is expected to take up the issue next week. Legislators are in a 30-day special session devoted to the issue, and […]

Alaska House appears likely to pass 85% tax cut for proposed gas pipeline

The Alaska House of Representatives is planning to vote as soon as Friday morning on a proposal to cut state taxes in order to encourage construction of the proposed trans-Alaska natural gas pipeline. On Wednesday, the House Finance Committee voted unanimously to advance a bill that would effectively cut taxes on the project by about […]

Alaska gas pipeline developer says it’s open to price controls on natural gas for Alaskans

The firm developing the proposed trans-Alaska natural gas pipeline has proposed limiting the price for natural gas sold through the pipeline to Alaskans. If accepted by legislators, the limit would prevent the cost of gas from rising if the pipeline costs more than expected. The new proposal from pipeline developer Glenfarne comes as the Alaska […]

Proposed Alaska gas pipeline has a narrow window of viability, estimates suggest

The proposed trans-Alaska natural gas line faces a narrow road to profitability, even with Gov. Mike Dunleavy’s proposed multibillion-dollar tax break, according to estimates presented to state legislators. The more the pipeline costs, the more its builders will need to charge for gas shipped through it in order to make money. But if the cost […]

Governor failed Alaska gasline legislation homework

Legislators are being held after school this month and the state is paying for the extra time because the governor did not do his homework. If that seems backward, you’re right. Gov. Mike Dunleavy ordered lawmakers to stay late after the regular legislative session ended because he insists that they approve major big-time relief from […]

Skepticism looms as an obstacle over Alaska Legislature’s special gasline session

The Alaska Legislature on Thursday opened a 30-day special session on a proposal to cut taxes on the proposed trans-Alaska natural gas pipeline in order to encourage its construction. Gov. Mike Dunleavy called the session, but one of the first challenges facing him and other tax-cut proponents is convincing skeptical legislators that a tax break […]

Pipeline-for-pension deal falls apart as the Alaska Legislature’s regular session nears end

A high-stakes quid pro quo deal fell apart in the Alaska Capitol on Monday as legislators failed to approve a tax break for the proposed trans-Alaska natural gas pipeline and Gov. Mike Dunleavy vetoed a bill that would have restored public pensions in the state. The failure leaves public employees with a 401(k)-like retirement system […]

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