Legislature(1993 - 1994)
02/23/1994 04:00 PM House ECO
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* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
HB 199 -OIL & GAS EXPLORATION LICENSES/LEASES REPRESENTATIVE JOE GREEN, Chair of the Oil and Gas Subcommittee, gave reasons why House Bill 199 would benefit the state of Alaska. REPRESENTATIVE JAMES asked about the consequences if the bill passed. REPRESENTATIVE GREEN replied that if the bill passed but was not used, there would be no harm done. REPRESENTATIVE VEZEY expressed concern that too much of Alaska would be opened up. REPRESENTATIVE GREEN replied that the Governor would only select one area per year. REPRESENTATIVE JAMES expressed concern that oil companies would just tie up large areas to keep other companies from getting them; prohibiting other industries such as timber and tourism to develop. REPRESENTATIVE GREEN replied that oil exploration created very small footprints and would allow other activities to occur simultaneously. REPRESENTATIVE VEZEY said that it may be too late to attract big dollars back to Alaska, but there was a need to at least try to attract small capital and small block leasing. He suggested seeing if there was an existing House Bill to accomplish this. REPRESENTATIVE JAMES said that, if there were no objections, the Task Force would endorse the Committee Substitute for House Bill 199. Both members agreed.
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