The "Supporting a Gasline for Alaskans Act" seeks to enhance oil and gas regulation in Alaska, focusing on taxation, valuation of properties, and funding for public schools. Key provisions include exempting certain natural gas utility spur lines from municipal taxation, establishing an income tax on oil and gas production entities, and creating an infrastructure maintenance surcharge on oil. The bill also introduces a community impact fund for gasline projects, clarifies that taxable property value excludes qualified properties under AS 43.59.100, and prohibits municipalities from taxing these properties if they are subject to an alternative volumetric tax. Additionally, it mandates the inclusion of spur lines to Fairbanks in gas pipelines and sets limits on utility rates for natural gas.

The legislation amends various sections of Alaska's tax code, introducing a tiered tax structure for oil produced from specific leases and establishing a new infrastructure maintenance surcharge. It also clarifies tax credit calculations and defines "qualified property" while creating the Alaska Gasline Community Impact Fund to manage appropriations related to the gasline project. The fund will have two accounts: one for construction impacts and another for statewide impacts, with specific funding allocations and reporting requirements. Overall, the bill aims to streamline the tax structure for oil and gas projects, enhance transparency, and ensure that local communities benefit from the associated revenues.

Statutes affected:
SB0280A, AM SB 280, introduced 03/20/2026: 14.17.510, 43.56.027, 14.17.990, 43.56.023, 29.45.080, 43.56.022, 29.45.090, 29.45.050, 43.56.010, 43.56.021, 29.45.030, 43.56.020, 31.25.390
SB0280B, AM CSSB 280(RES), introduced 05/18/2026: 14.17.510, 43.59.100, 29.45.050, 29.45.080, 43.59.010, 29.45.090, 29.60.860, 44.33.850, 43.59.040, 31.25.010, 31.25.005, 31.25.030, 44.62.310, 44.62.319, 31.25.130, 31.25.040, 36.30.321, 36.30.175, 31.25.080, 31.25.120, 09.55.240, 09.55.460, 31.25.100, 31.25.110, 31.25.090, 31.25.125, 40.25.220, 31.25.390, 31.25.160, 31.25.260, 43.56.010, 43.56.020, 38.05.180, 43.20.144, U.S.C, 43.20.021, 43.20.036, 43.20.011, 40.25.100, 43.05.230, 43.55.165, 43.20.030, 43.20.031, 43.55.011, 43.55.020, 43.55.170, 43.55.160, 43.55.024, 43.55.023, 43.55.201, 43.55.299, 43.55.300, 43.55.320, 43.55.014, 43.55.025, 46.04.030, 38.05.132, 46.03.826, 38.05.081, 38.95.400, 38.95.499, 41.06.160, 41.06.175, 38.05.700, 38.05.795, 41.06.120, C.F.R, 43.55.310, 43.55.325, 43.55.900, 43.56.030, 43.56.060, 43.56.210, 42.05.221, 43.59.015, 43.59.020, 43.05.225, 43.59.030, 43.20.270, 43.59.050, 42.05.711, 31.25.145, 31.25.280, 31.25.285, 43.20.019, 43.05.220, 43.05.245, 43.05.290, 44.62.240