An Act relating to the taxation of certain natural gas pipeline property; relating to municipal taxation limitations; establishing an alternative volumetric tax on natural gas throughput; relating to the allocation of revenue from the alternative volumetric tax; and providing for an effective date.
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Progress
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- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill proposes several changes related to the taxation of natural gas pipeline property and related activities in Alaska. It establishes an alternative volumetric tax on natural gas throughput, creates an Alaska Gasline Community Impact Fund, and modifies existing tax laws to address municipal taxation limitations and oil production. The bill also includes provisions related to the Alaska Gasline Development Corporation, including changes to its governance and investment powers, and aims to support the development of the gasline infrastructure.
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Sponsors
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1 on record
Primary sponsor
Senate Rules by Request of the Governor
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