An Act relating to the taxation of certain natural gas project property and related facilities; relating to local contributions for public school funding; relating to municipal property taxes; relating to the Alaska Gasline Development Corporation and funds of the Alaska Gasline Development Corporation; relating to reporting requirements for natural gas pipeline projects; creating the Alaska affordable heating fuel fund; relating to approval of contracts by the Regulatory Commission of Alaska and inflation adjustment of the maximum price of natural gas; relating to an alternative volumetric tax on natural gas throughput; relating to a municipal impact grant program and fund; relating to agreements and a payment related to a natural gas project; and providing for an effective date.
This bill modifies how natural gas projects are taxed in Alaska and establishes a new fund to support affordable heating fuel. It also changes the calculation for local contributions to public school funding, allowing districts to offset significant enrollment declines over time. Additionally, the legislation updates reporting rules for pipeline projects, adjusts the maximum price of natural gas for inflation, and creates a municipal impact grant program. The bill specifically targets the Alaska Gasline Development Corporation and aims to balance state revenue from energy projects with protections for local communities and school budgets.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jun 2026
Committee Review
Floor Vote
Governor
Introduced Jun 20, 2026
Last action Jun 20, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
0
Committee
1
Jun 20, 2026
Committee
(S) REFERRED TO FINANCE
upper
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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