At an April 1 House Resources hearing, a Gaffney & Klein consultant said replacing Alaska's property tax regime for AKLNG with a 6'cent alternative volumetric payment (AVP) would expand the project's viability window; AGDC warned high property taxes could still put the pipeline 'out of the money. Lawmakers pressed for more modeling and set an amendment deadline for HB 381.

SB 1329 would create statewide assessment inputs for large-scale solar once the current exclusion ends in 2027; developers and utilities said certainty is needed for continued investment, while county assessors and rural counties argued the bill replaces market-based fair market value with a statutory formula and risks revenue loss.

The committee passed HB309 to apply New Mexico's special valuation method to energy storage assets used in electric generation, which developers said will provide certainty for investment in battery projects.