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flag Alaska Senate committee passes bill altering property tax for LNG project to increase revenue.

flag The Alaska Senate Resources Committee passed a substitute bill altering Governor Mike Dunleavy’s property tax proposal for the Alaska LNG project. flag The new measure introduces an $800 million community impact fee, a new income tax on oil producers, and cost caps on in-state gas, aiming to increase state revenue. flag Governor Dunleavy’s office opposes the changes, warning they could jeopardize the project and delay construction.

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