Posted inNews, Alaska Legislature

After governor’s veto threat, Alaska House votes down tax break for proposed natural gas pipeline

The Alaska House of Representatives on Thursday voted down a multibillion-dollar tax break for the proposed trans-Alaska natural gas pipeline project. Glenfarne LLC, the project’s lead developer, has said the tax break is necessary for it to obtain financing from banks and equity investors.  The Alaska Senate voted 11-8 to approve a compromise version of House […]