Alaska's Pipeline Stalls in Special Session | Anchorage News

Alaska’s legislature kicks off its third special session this year with little momentum, stalled by the governor’s refusal to unveil a concrete plan for the controversial natural gas pipeline. Without a bill ready, lawmakers wait as the governor seeks more time to negotiate, while the developer demands a tax break. A failed attempt to impose a corporate income tax on oil and gas companies has left everyone stuck—lawmakers are even skipping sessions to cut costs, and the “pass-through” tax idea, meant to boost revenue, may actually hurt it long-term. With elections looming, frustration mounts as the project’s future looks increasingly uncertain. 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/103506f1438d8307