Alaska LNG Stuck on Property Taxes | Anchorage News

Alaska’s massive LNG project hangs in the balance over a crushing property tax burden—potentially $750 million annually by 2033—that could derail financing before it starts. The state’s Department of Revenue says easing this tax pressure would make the project financially viable while still delivering huge revenue if built. The House already passed a bill to address this, but some lawmakers are trying to sneak in a separate debate about income taxes for oil and gas companies—diverting focus from the core issue. With the project promising $800 million in annual state revenue for 30 years, plus critical energy security and local job creation, the urgency is clear: fix the tax problem first, don’t complicate it. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/ece90cf323f5493a