News from Cook Inlet, Alaska
Governor Mike Dunleavy urged the legislature to pass a payment-in-lieu-of-taxes bill within three weeks, calling it essential to financing what he described as the largest project in Alaska history—an LNG pipeline from the North Slope.
The House Energy Committee heard testimony about fuel supply challenges facing rural Alaska communities and discussed potential expansions to the state's Bulk Fuel Revolving Loan Fund.
The House Special Committee on Fisheries heard House Bill 356, which would create a 'microfisheries' pathway allowing small-scale commercial fishermen to process up to 5,000 pounds of fish onboard and sell directly to consumers with streamlined permitting.
Alaska Oil and Gas Association testified against multiple tax provisions in SB 280, warning that sections decoupling oil and gas lease expenditures and imposing new S-corp taxes could harm current operations and chill investment.
The Senate Resources Committee conducted a confirmation hearing for John Crowther, the governor's nominee for Commissioner of the Department of Natural Resources.
Alaska is applying for federal authority to regulate carbon dioxide storage wells and seeking public comment at a May 14 hearing.
The state is holding a public meeting to review salmon hatchery management plans for the Cook Inlet region.
The Alaska Board of Fisheries voted 4-2 to significantly restrict the Cook Inlet drift gillnet fishery through new fishing windows, area closures, and a 2-mile shoreline buffer to protect struggling northern Cook Inlet coho salmon populations.