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HB 261: "An Act relating to the financing and issuance of bonds for a liquefied natural gas production system and natural gas distribution system; and providing for an effective date."

00                             HOUSE BILL NO. 261                                                                          
01 "An Act relating to the financing and issuance of bonds for a liquefied natural gas                                     
02 production system and natural gas distribution system; and providing for an effective                                   
03 date."                                                                                                                  
04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
05    * Section 1. The uncodified law of the State of Alaska enacted in sec. 11(f), ch. 26, SLA                          
06 2013, is amended to read:                                                                                               
07 (f)  The authorization to issue bonds this section grants expires on June 30,                                       
08 2023 [JUNE 30, 2018], if the authority does not issue bonds before that date.                                       
09 Expiration of the authorization to issue bonds does not affect bonds that the authority                                 
10       issues under this section before July 1, 2023 [JULY 1, 2018].                                                 
11    * Sec. 2. This Act takes effect immediately under AS 01.10.070(c).