
Marcus Moore
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Jun 14, 2026
Alaska LNG Special Session: HB 381 Volumetric Tax Debate & Hidden Credit Billions – Marcus Moore Analysis
T
2:47ToddHOST
Why did we end up in this special session? And what exactly is House Bill 381 trying to do at its core? So I
M
2:58Marcus MooreGUEST
This is just a prime example of kicking the can down the road, right? We had an entire session to get this bill organized and thought through and passed through committees.
M
3:12Marcus MooreGUEST
And now we're forced into this corner where it's uh they come at us with this this gas crisis it's we're going to freeze to death if we don't get this gas line built energy costs are going to go up if we don't get this gas line built and it's a kind of a a crazy bill in my opinion to start with because a year ago right glenn farn was at the arctic energy conference and claimed they didn't need any any relief they could do this regardless and then fast forward to now, right, June 12th, you're looking at them passing, you know, reducing the property taxes and allowing the cities to basically deal directly with Glen Farn, okay, and their property taxes because a 30%, you know, over cost is what the State Revenue Department says is inoperable to complete this job.
M
4:03Marcus MooreGUEST
And so if the project can't get completed because it went 30% over, you know, Glenn Farrin is now asking for a billion dollars, basically $785 million in tax revenue relief for property taxes.
6 MINS LATER
T
9:56ToddHOST
Yeah.