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Legislative Leaders Indicate Dunleavy’s Alaska LNG Bill Is Doomed as Business Groups Pan It

The proposal would cap a new oil and gas income tax at 2% on income above $5 million, but legislative leaders say it lacks support.

The governor proposed a 2% corporate income tax on oil and gas companies that currently pay no state income tax, though the gas line project itself would be exempt.

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Must Read Alaska broke the news in Homer, United States on Wednesday, August 12, 2026.
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