Mayors want tax share scheme for future gasline
Although the proposed Alaska LNG pipeline is still a long way from reality, a state committee is working on a fiscal scheme that would compensate local governments for property taxes they would forfeit under the current agreement with gasline producers.
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The Municipal Advisory Gas Project Review Board is devising a formula to distribute more than $15 billion in anticipated state gasline taxes over a 25-year period to local governments impacted by the project.
The Matanuska-Susitna
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