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HB 2001 Alaska House · 34th Legislature (2025-2026)

An Act relating to the taxation of certain natural gas project property and related facilities; relating to the determination of the value of taxable real and personal property for purposes of calculating local contributions for public school funding; relating to municipal property taxes; relating to the Alaska Gasline Development Corporation; relating to revenue from a North Slope natural gas project; relating to an alternative volumetric tax on natural gas throughput; relating to agreements and payments related to a natural gas project; relating to community impact grants; relating to the regulation of liquefied natural gas import facilities by the Regulatory Commission of Alaska; relating to an Alaska liquefied natural gas project mitigation fund; and providing for an effective date.

HB 2001 establishes a new tax system for specific natural gas projects in Alaska, including an alternative volumetric tax on gas throughput and rules for valuing project property to calculate local school funding contributions. The bill creates the Alaska Gasline Development Corporation as a public entity to manage pipeline and liquefied natural gas projects, outlining its structure, procurement rules, and conditions for dissolution. Additionally, the legislation sets up a mitigation fund for communities affected by these projects and grants the Regulatory Commission of Alaska authority to oversee liquefied natural gas import facilities.
Issues: ✓ Budget & TaxesSupports Budget & TaxesBill establishes new taxes on natural gas projects and creates a fund for community impact, directly increasing state revenue and funding for public services.85% confidence ✓ EducationSupports EducationBill establishes a tax system for natural gas projects specifically to calculate and fund local contributions for public schools.75% confidence ✓ EnergySupports EnergyBill establishes infrastructure for natural gas projects, creates a development corporation for pipelines, and funds related initiatives, advancing energy production.85% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
May 2026
Committee Review
Floor Vote
Governor
Introduced May 21, 2026 Last action May 21, 2026
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Full legislative history

Actions timeline

Total actions
7
Key actions
0
Committee
1
May 21, 2026
Committee
(H) REFERRED TO FINANCE
lower
0 primary · 0 co-sponsors

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