Alaska Pipeline Tax Deal Stalls | Anchorage News

Alaska lawmakers are locked in tense negotiations over a $55 billion natural gas pipeline project, with a new tax bill draft still far from final. After a failed first special session and a second round of back-and-forth between the House and Senate, the governor remains unhappy with added taxes and reporting rules. The latest version attempts to appease developer Glenfarne with buyback provisions and delayed tax break deadlines, but key disputes linger—especially over whether private companies must pay Alaska’s corporate income tax. Revenue from the project could boost education funding in affected communities, but lawmakers are divided. With the deadline pushed back and political pressure mounting, the committee is taking a holiday break before returning to the tough talks—because for this colossal project, compromise isn’t just preferred, it’s essential. 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/f55c7e92137616af