AGP Executive Report
Last update: an hour agoAlaska LNG Policy Fight: Alaska lawmakers are negotiating a special-session compromise on the Alaska LNG tax break after the House rejected Senate changes and sent the bill to a conference committee, with the dispute centered on how the state’s corporate income tax would apply to project developers and other privately held companies. Pipeline Economics: Alaska’s Department of Revenue estimates the pipeline’s carbon dioxide stream could generate more than $285 million per year for operators via federal tax credits, keeping CO2 injection economics in the spotlight as the project advances. Housing & Construction Incentives: Anchorage Mayor Suzanne LaFrance proposed new tax breaks to spur homebuilding, including a 10-year property tax break for first-time buyers of newly built homes and an exemption aimed at redeveloping underused commercial properties. Fisheries Aid: NOAA says Alaska is set to receive about $99 million in fishery disaster assistance, including major support for Bering Sea snow crab and salmon harvest losses in Chignik and Cook Inlet. Airline Leadership: Alaska Airlines named CFO Shane Tackett as president, expanding his oversight of the airline’s commercial division. Ocean Monitoring: The NSF will keep hundreds of ocean monitoring instruments in place, including those in Alaska waters, after reversing a plan to dismantle parts of the Ocean Observatories Initiative. Power Reliability Watch: GVEA’s board will weigh a major fuel-based generator option in July as members question the next step for generation capacity after a tough winter. Food Safety Alerts: USDA issued Alaska-involved alerts tied to chicken products with undeclared allergens, urging shoppers to check freezers and labels.
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