Alaska Statutes.
Title 43. Revenue and Taxation
Chapter 82. Alaska Stranded Gas Development Act
Section 20. Contracts For Payments in Lieu of Other Taxes and For Royalty Adjustments.
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AS 43.82.020. Contracts For Payments in Lieu of Other Taxes and For Royalty Adjustments.

The commissioner may, under this chapter, negotiate terms for inclusion in a proposed contract with a qualified sponsor or qualified sponsor group providing for

(1) periodic payment in lieu of one or more taxes that otherwise would be imposed by the state or a municipality on the qualified sponsor or members of the qualified sponsor group as a consequence of the sponsor's or group's participation in an approved qualified project under this chapter; and

(2) certain adjustments regarding royalty under AS 43.82.220 .


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