Alaska HB284 establishes a sales and use tax, modifies oil and gas production taxes, and creates a pipeline corridor maintenance fund.

HB284 introduces a sales and use tax in Alaska, setting the rate at four percent from April 1 through September 30 and two percent from October 1 through March 31. It also modifies the oil and gas production taxes, introducing different tax rates based on the average price per barrel of Alaska North Slope crude oil. The bill establishes an infrastructure maintenance surcharge on oil production and creates a pipeline corridor maintenance fund to manage collected revenues. The fund's money can be used for maintenance and operation costs along the pipeline corridor.

Alaska HB284 establishes a sales and use tax, modifies oil and gas production taxes, and creates a pipeline corridor maintenance fund.

HB284 introduces a sales and use tax in Alaska, setting the rate at four percent from April 1 through September 30 and two percent from October 1 through March 31. It also modifies the oil and gas production taxes, introducing different tax rates based on the average price per barrel of Alaska North Slope crude oil. The bill establishes an infrastructure maintenance surcharge on oil production and creates a pipeline corridor maintenance fund to manage collected revenues. The fund's money can be used for maintenance and operation costs along the pipeline corridor.