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flag Lawmakers advance revised Alaska LNG tax bill with 20-cent rate and Fairbanks pipeline requirement.

flag Alaska lawmakers advanced revised versions of a volumetric tax bill for the Alaska LNG project, increasing the tax rate to 20 cents per 1,000 cubic feet while adding new conditions. flag The Senate and House versions include a six-year tax abatement and require developers to build a spur pipeline to Fairbanks and negotiate community benefit agreements. flag Officials estimate the changes could save households about $1,450 annually, though the governor and developers raised concerns about the higher tax rates potentially undermining the project's viability.

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