Natural gas pipeline tax break lacks needed Senate votes, Alaska lawmakers say
AI Summary
The Alaska Senate’s majority coalition revealed that a proposed tax break for the trans-Alaska natural gas pipeline is falling short of the necessary votes to pass, potentially jeopardizing its advancement before the special session ends on Friday. This setback could stall the project, which has been touted as a key economic driver for the state. The tax break was intended to reduce financial burdens on developers, but legislative opposition suggests significant hurdles remain before the pipeline can move forward.
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