Alaska Pipeline Tax Deal in Final Push | Anchorage News

Governor Dunleavy’s latest pipeline bill is sparking heated debate as it offers near-total property tax exemptions to Glenfarne, the company pushing the project—conditions they say are non-negotiable. With the special session winding down, lawmakers are divided: some Senate members warn against rushing a complex tax deal, especially since a similar proposal last year failed in the House. This version includes a small corporate income tax for oil giants like Hilcorp, a concession aimed at appeasing the Senate majority. After decades of failed attempts to unlock Alaska’s natural gas wealth, this push carries high stakes—and critics urge caution to ensure the state, not just corporations, reaps the benefits.

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