2002-05-06                     House Journal                      Page 3388
HB 519                                                                                            
The Rules Committee has considered:                                                                 
                                                                                                    
    HOUSE BILL NO. 519                                                                              
    "An Act authorizing priority treatment under the Right-of-Way                                   
    Leasing Act for an Alaska North Slope natural gas project;                                      
    expanding the scope for the kinds of gas development projects that                              
    may become qualified projects under the Alaska Stranded Gas                                     
    Development Act; extending the deadline for submitting                                          
    applications under the Alaska Stranded Gas Development Act;                                     
    exempting an Alaska North Slope natural gas project from state                                  
    property tax and all municipal taxes during construction; and                                   
    providing for an effective date."                                                               
                                                                                                    
and recommends it be replaced with:                                                                 
                                                                                                    
    CS FOR HOUSE BILL NO. 519(RLS)                                                                  
    "An Act authorizing priority treatment under the Right-of-Way                                   
    Leasing Act for an Alaska North Slope natural gas project and                                   
    limiting judicial review of action under that Act relating to that                              
    project; authorizing the Alaska Railroad Corporation to provide                                 
    financing for the acquisition, construction, improvement,                                       
    maintenance, equipping, or operation of facilities for the                                      
    transportation by others of natural gas resources within and                                    
    outside the state and to issue its bonds to finance those facilities;                           
    exempting an Alaska North Slope natural gas project from state                                  
    and municipal property taxes during construction and initial                                    
    operation, eliminating the authority of a municipality to levy a                                
    sales or use tax on property or services used or to be used on the                              
    project, and defining the scope of that project; providing, through                             
    the Department of Community and Economic Development,                                           
    emergency financial assistance for municipalities affected by                                   

2002-05-06                     House Journal                      Page 3389
    natural gas development; expanding the scope for the kinds of gas                               
    development projects that may become qualified projects under                                   
    the Alaska Stranded Gas Development Act, amending the                                           
    definitions of 'qualified sponsor' and 'qualified sponsor group'                                
    under that Act, extending the deadline for submitting applications                              
    under that Act, and modifying the conditions under which an                                     
    application made under that Act may be considered; and providing                                
    for an effective date."                                                                         
                                                                                                    
The report was signed by Representative Kott, Chair, with the                                       
following individual recommendations:                                                               
                                                                                                    
Do pass (3):  Kohring, Porter, Kott                                                                 
                                                                                                    
No recommendation (1):  McGuire                                                                     
                                                                                                    
The following fiscal note(s) apply to CSHB 519(RLS):                                                
                                                                                                    
3.  Fiscal, Dept. of Revenue                                                                        
4.  Fiscal, Dept. of Community & Economic Development                                               
5.  Fiscal, Dept. of Natural Resources                                                              
6.  Fiscal, Dept. of Labor & Workforce Development                                                  
                                                                                                    
HB 519 is on today's calendar.