1. United States
2. Alaska
3. Letter

The conference committee must include the Senate's S-Corp provision in the final Alaska LNG tax break bill. A vote is expected around July 16, and this is a line I need you to hold. Handing the pipeline a $16 billion property tax reduction over 30 years while letting privately held companies like Hilcorp continue dodging corporate income taxes that ExxonMobil and ConocoPhillips already pay is indefensible. The fiscal math here is stark. Oil revenue is declining, and the S-Corp provision would generate up to $100 million per year from companies that currently pay nothing. The pipeline itself wouldn't owe a dime under this provision until 2036. The argument that this deters investors doesn't hold up when the state is already offering a multi-billion-dollar tax break. Alaska's treasury needs every tool available to stay solvent as the energy landscape shifts. Pass the bill with the S-Corp provision intact.