EventJul 15, 11:53 PM

Alaska bill moves LNG pipeline forward, exempts project from corporate tax

A conference committee advanced a substitute bill that exempts the 807‑mile Alaska LNG pipeline from state corporate income tax, replaces its property taxes with a volume‑based gas tax, and extends the tax to private oil‑and‑gas producers. The measure will be voted on Thursday before the special session ends.

Anchorage Daily News
Jul 16, 2026, 3:45 PMLatest report
New bill moves to House and Senate to advance Alaska LNG project(opens in a new tab)
A new substitute bill advances the Alaska LNG megaproject by extending corporate income tax to oil and gas producers while exempting the pipeline project, eliminating property taxes and replacing them with a volume‑based tax. The measure, endorsed by key legislators and Governor Mike Dunleavy but opposed by major industry groups, could unlock $55 B of investment and help meet Alaska’s growing natural‑gas demand.
Alaska Beacon
Jul 16, 2026, 9:15 AM
Amid political division, Alaska lawmakers close in on final compromise gasline bill(opens in a new tab)
A final compromise tax bill that could apply a corporate income tax to privately owned oil and gas companies is poised for a vote on Thursday, with implications for funding the 807‑mile AKLNG pipeline that transports North Slope gas to Cook Inlet.
Anchorage Daily News
Jul 15, 2026, 11:53 PMFirst report
Lawmakers expected to unveil compromise Alaska LNG bill Thursday(opens in a new tab)
Alaska lawmakers are poised to vote on a compromise bill that cuts property taxes for the 800‑mile Alaska LNG pipeline while expanding corporate income tax for pass‑through entities—a decision that could determine whether the project proceeds and affect state revenues.