After governor’s veto threat, Alaska House votes down tax break for proposed natural gas pipeline

By: James Brooks, Corinne Smith

Outlets: Alaska Beacon

Published: July 17, 2026

Words: 2,083

Last Updated: 1 day, 17 hours ago

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The Alaska House of Representatives on Thursday voted down a multibillion-dollar tax break for the proposed trans-Alaska natural gas pipeline project. Glenfarne LLC, the project’s lead developer, has said the tax break is necessary for it to obtain financing from banks and equity investors.

The Alaska Senate voted 11-8 to approve a compromise version of House Bill 381, which contains the tax break. But after that vote and as the House gaveled in, …

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