06/03/2026 09:00 AM Senate FINANCE

Alaska Senate Finance Committee · June 3, 2026

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3:16:18

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40:00

1:20:00

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2:40:00

3:16:18

Call to order and roll call

17:47 → 19:21(1m 33s)

Committee Chair calls the Senate Finance Committee to order, notes the date (June 3) and lists senators present in the room and online (Chairman Olsen, Stedman, Kiel, Merrick, Kaufman, Cronk, Hoffman; also Bjorgman, Yundt, Meyer; Senator Giesel online). Announces SB 2001 (gas pipeline volumetrics tax) as the lone agenda item and introduces presenters Adam Prestridge and Matt Kissinger.

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The Alaska Senate Finance Committee heard a presentation from Glenfarn Alaska LNG LLC and AGDC on June 3 about Senate Bill 2001, an alternative volumetric property tax tied to gas flow on the proposed Alaska LNG pipeline. Presenters gave updated cost ranges, a phased schedule, customer letters of intent and described contract terms intended to shield Alaska ratepayers from cost-overrun risk.

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