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...
(S) REFERRED TO FINANCE
Summary
SB 3001 would change how natural gas project property and related facilities are taxed, create an Alaska affordable heating fuel fund, and set up a municipal impact grant program. It also addresses local contributions to public schools, municipal property taxes, and reporting for pipeline projects, affecting developers, local governments, schools and residents who need heating.
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