Legislature(2015 - 2016)BELTZ 105 (TSBldg)
03/31/2016 03:30 PM Senate SPECIAL CMTE ON ENERGY
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| Audio | Topic |
|---|---|
| Start | |
| HB143 | |
| SB193 | |
| Adjourn |
* first hearing in first committee of referral
+ teleconferenced
= bill was previously heard/scheduled
+ teleconferenced
= bill was previously heard/scheduled
| += | SB 192 | TELECONFERENCED | |
| += | SB 193 | TELECONFERENCED | |
| + | HB 143 | TELECONFERENCED | |
ALASKA STATE LEGISLATURE
SENATE SPECIAL COMMITTEE ON ENERGY
March 31, 2016
3:37 p.m.
MEMBERS PRESENT
Senator Click Bishop, Co-Chair
Senator Peter Micciche, Co-Chair
Senator Lyman Hoffman
Senator Dennis Egan
MEMBERS ABSENT
Senator Bert Stedman
COMMITTEE CALENDAR
COMMITTEE SUBSTITUTE FOR HOUSE BILL NO. 143(FIN)
"An Act authorizing the Alaska Industrial Development and Export
Authority to issue bonds to finance the infrastructure and
construction costs of the Sweetheart Lake hydroelectric
project."
- MOVED CSHB 143(FIN) OUT OF COMMITTEE
SENATE BILL NO. 193
"An Act extending the exemption from regulation by the
Regulatory Commission of Alaska for certain facilities or plants
generating energy from renewable energy resources."
- MOVED CSSB 193(NRG) OUT OF COMMITTEE
PREVIOUS COMMITTEE ACTION
BILL: HB 143
SHORT TITLE: AIDEA BONDS, LOANS, FUND; AEA LOAN
SPONSOR(s): REPRESENTATIVE(s) MUNOZ
03/09/15 (H) READ THE FIRST TIME - REFERRALS
03/09/15 (H) FIN
03/31/15 (H) FIN AT 1:30 PM HOUSE FINANCE 519
03/31/15 (H) Heard & Held
03/31/15 (H) MINUTE(FIN)
03/22/16 (H) FIN AT 9:30 AM HOUSE FINANCE 519
03/22/16 (H) Scheduled but Not Heard
03/22/16 (H) FIN AT 1:30 PM HOUSE FINANCE 519
03/22/16 (H) Moved CSHB 143(FIN) Out of Committee
03/22/16 (H) MINUTE(FIN)
03/23/16 (H) FIN RPT CS(FIN) NT 9DP 1AM
03/23/16 (H) DP: SADDLER, PRUITT, GARA, WILSON,
GATTIS, EDGMON, MUNOZ, NEUMAN, THOMPSON
03/23/16 (H) AM: KAWASAKI
03/29/16 (H) TRANSMITTED TO (S)
03/29/16 (H) VERSION: CSHB 143(FIN)
03/30/16 (S) READ THE FIRST TIME - REFERRALS
03/30/16 (S) NRG, FIN
03/31/16 (S) NRG AT 3:30 PM BELTZ 105 (TSBldg)
BILL: SB 193
SHORT TITLE: EXTEND EXEMPTION FOR SMALL POWER PLANTS
SPONSOR(s): SENATOR(s) MCGUIRE
02/22/16 (S) READ THE FIRST TIME - REFERRALS
02/22/16 (S) NRG, L&C
03/15/16 (S) NRG AT 1:00 PM BUTROVICH 205
03/15/16 (S) Heard & Held
03/15/16 (S) MINUTE(NRG)
03/31/16 (S) NRG AT 3:30 PM BELTZ 105 (TSBldg)
WITNESS REGISTER
REPRESENTATIVE CATHY MUNOZ
Alaska State Legislature
Juneau, Alaska
POSITION STATEMENT: Sponsor of HB 143.
TERRY HARVEY, Staff
Representative Munoz
Alaska State Legislature
Juneau, Alaska
POSITION STATEMENT: Provided an overview of changes to HB 143.
KEITH COMSTOCK, CEO and President
Juneau Hydropower, Inc.
Juneau, Alaska
POSITION STATEMENT: Testified in support of HB 143.
STUART GOERING, Assistant Attorney General
Alaska Department of Law
Anchorage, Alaska
POSITION STATEMENT: Announced his availability to answer
questions regarding SB 193.
JESSE LOGAN, Chief of Staff
Senator McGuire
Alaska State Legislature
Juneau, Alaska
POSITION STATEMENT: Explained the changes made in SB 193.
ACTION NARRATIVE
3:37:02 PM
CO-CHAIR PETER MICCICHE called the Senate Special Committee on
Energy meeting to order at 3:37 p.m. Present at the call to
order were Senators Egan, Co-Chair Bishop, and Co-Chair
Micciche.
HB 143-AIDEA BONDS, LOANS, FUND; AEA LOAN
3:38:18 PM
CO-CHAIR MICCICHE announced the consideration of HB 143, the
companion bill to SB 193. He specified that [CSHB 143(FIN),
version: 29-LS0599\S] was before the committee.
REPRESENTATIVE CATHY MUNOZ, Alaska State Legislature, Juneau,
Alaska, explained that the bill would allow Alaska Industrial
Development and Export Authority (AIDEA) to consider conduit-
financing of up to $120 million, and conduit-bonding for the
Sweetheart Lake Hydroelectric Project (SLHP).
REPRESENTATIVE MUNOZ detailed SLHP as follows:
· 43 miles south of Juneau.
· Ties into the Snettisham powerline and brings power to
Juneau.
· Increases Juneau's power capacity by 20 percent.
· 60 percent of SLHP's power would go to the Kensington Mine.
· SLHP would allow the Kensington Mine to displace between
7,000 to 9,000 gallons of diesel fuel per day.
· SLHP would power the Juneau District Heating Project
(JDHP).
She noted that SLHP was in its final stages of permitting. She
specified that permits from the Federal Energy Regulatory
Commission (FERC), US Army Corps of Engineers, and the
Environmental Impact Statement (EIS) were due in the summer of
2016.
3:40:04 PM
TERRY HARVEY, Staff, Representative Munoz, Alaska State
Legislature, Juneau, Alaska, stated that he would go over the
changes made in House Finance to HB 143 and detail the
differences with its companion bill, SB 193.
MR. HARVEY explained that Section 1 was amended to specify
exactly the type of bonding that would be used by AIDEA. He
specified that conduit-issuance bonds would be used, also known
as pass-through or standalone bonds. He pointed out that AIDEA
and the State of Alaska would not be exposed to any further
debt. He added that conduit-issuance bonding would not count
against Alaska's annual bonding cap of $400 million.
He said Section 2 addressed the Lynn Canal transmission line, an
important component to the project. He disclosed that the bill
originally proposed bonding for the transmission line through
the Power Project Loan Fund (PPF) that was administered by the
[Alaska Energy Authority (AEA).] He explained that the PPF was
determined to not be appropriately capitalized for the project
and other means of financing would be used. He specified that
accessing the PPF was removed from the bill.
He explained that a third change was made where the repeal date
was extended from June 30, 2019 to June 30, 2020.
3:44:07 PM
At ease
3:44:14 PM
CO-CHAIR MICCICHE called the committee back to order. He
announced that public testimony was open.
KEITH COMSTOCK, CEO and President, Juneau Hydropower, Inc.,
Juneau, Alaska, stated that HB 143 was important to Juneau
Hydropower. He detailed that Juneau Hydropower started SLHP in
2009, most of the environmental aspects had been addressed, and
the hope was for the project's construction to start in 2016. He
conceded that further due diligence would be required and the
bill was for the possibility of funding, not a commitment.
CO-CHAIR MICCICHE closed public testimony. He announced that HB
143 would be held in committee.
3:46:08 PM
At ease
3:48:38 PM
CO-CHAIR MICCICHE called the committee back to order. He
announced that the committee meeting was the second hearing on
HB 143 and the changes to the bill were minimal. He summarized
that Section 1 was amended to specify the type of bonding,
Section 2 eliminated the Lynn Canal project, and Section 3
extended the [repeal] date by one year.
CO-CHAIR BISHOP moved to report CSHB 143(FIN), [version: 29-
LS0599\S], from committee with individual recommendations and
attached zero-fiscal note from DCCED.
CO-CHAIR MICCICHE announced that seeing no objections, CSHB
143(FIN) passed from committee.
3:50:38 PM
At ease
SB 193-EXTEND EXEMPTION FOR SMALL POWER PLANTS
3:52:05 PM
CO-CHAIR MICCICHE announced the consideration of SB 193. He
declared that a committee substitute (CS) for the bill was
before the committee.
3:52:14 PM
CO-CHAIR BISHOP moved that the committee adopt the CS for [SB
193(NRG), 29-LS1513\W]. He objected for an explanation of
changes.
CO-CHAIR MICCICHE asked that the proposed changes be addressed.
He noted that the bill's sponsor supported the changes.
STUART GOERING, Assistant Attorney General, Alaska Department of
Law, Anchorage, Alaska, announced his availability to address
questions regarding SB 193.
JESSE LOGAN, Chief of Staff, Senator McGuire, Alaska State
Legislature, Juneau, Alaska, said the change in the CS was on
page 1, line 10. He specified that the exemption was extended
from January 1, 2016 to January 1, 2020. He detailed that the
change falls in line with the original intent of the bill that
passed in 2010 to coincide with federal tax exemptions. He noted
that the federal tax exemptions were extended to 2020.
3:54:30 PM
CO-CHAIR BISHOP removed his objection.
CO-CHAIR MICCICHE found no comments.
3:54:47 PM
SENATOR HOFFMAN joined the committee.
CO-CHAIR BISHOP moved to report CSSB 193(NRG), [version: 29-
LS1513\W], from committee with individual recommendations and
attached fiscal note from DCCED.
CO-CHAIR MICCICHE announced that hearing no objection, CSSB
193(NRG) passed from committee.
3:55:44 PM
There being no further business to come before the committee,
Co-Chair Micciche adjourned the Senate Special Committee on
Energy at 3:55 p.m.
| Document Name | Date/Time | Subjects |
|---|---|---|
| SB 193 SB277 Supporting Documents Letter CIRI Response to APA letter 3-19-10.pdf |
SNRG 3/15/2016 1:00:00 PM SNRG 3/31/2016 3:30:00 PM |
SB 193 SB 277 |
| SB 193 Supporting Document letter APA 2-29-16.pdf |
SNRG 3/15/2016 1:00:00 PM SNRG 3/31/2016 3:30:00 PM |
SB 193 |
| SB193 Sponsor Statement.pdf |
SNRG 3/15/2016 1:00:00 PM SNRG 3/31/2016 3:30:00 PM |
SB 193 |
| SB 193 Leg Research Report on Regulation Sb277 3-5-10.pdf |
SNRG 3/15/2016 1:00:00 PM SNRG 3/31/2016 3:30:00 PM |
SB 193 SB 277 |
| SB 193 Letter of Support- AIPPA 3-4-16.pdf |
SNRG 3/15/2016 1:00:00 PM SNRG 3/31/2016 3:30:00 PM |
SB 193 |
| SB 193 APT Letter of Support 3-11-16.pdf |
SNRG 3/15/2016 1:00:00 PM SNRG 3/31/2016 3:30:00 PM |
SB 193 |
| SB 193 Letter of Support- CIRI 3-4-16.pdf |
SNRG 3/15/2016 1:00:00 PM SNRG 3/31/2016 3:30:00 PM |
SB 193 |
| SB 193 Fiscal Note-DCCED-RCA-3-11-16.pdf |
SNRG 3/15/2016 1:00:00 PM SNRG 3/31/2016 3:30:00 PM |
SB 193 |
| CS SB 193 (NRG) version W.pdf |
SNRG 3/31/2016 3:30:00 PM |
SB 193 |
| CSHB143 FIN.pdf |
SNRG 3/31/2016 3:30:00 PM |
HB 143 |
| HB 143(FIN) Sponsor Statement.pdf |
SNRG 3/31/2016 3:30:00 PM |
HB 143 |
| HB143(FIN) Explanation of Changes.pdf |
SNRG 3/31/2016 3:30:00 PM |
HB 143 |
| HB143 Fiscal Note-CED-AIDEA-3-24-16.pdf |
SNRG 3/31/2016 3:30:00 PM |
HB 143 |
| HB143 AIDEA Springsteen.pdf |
SNRG 3/31/2016 3:30:00 PM |
HB 143 |
| HB143 CBJ Support March 22 2016.pdf |
SNRG 3/31/2016 3:30:00 PM |
HB 143 |
| HB143 Letters of Support.pdf |
SNRG 3/31/2016 3:30:00 PM |
HB 143 |
| HB143 Support Letter - First Things First - 3-25-16.pdf |
SNRG 3/31/2016 3:30:00 PM |
HB 143 |
| HB143 Resolutions of Support.pdf |
SNRG 3/31/2016 3:30:00 PM |
HB 143 |
| AIDEA due diligence slides for HB 143 hearings.pdf |
SNRG 3/31/2016 3:30:00 PM |
HB 143 |
| HB143 Operating Engineers Support Letter.pdf |
HFIN 3/22/2016 9:30:00 AM SNRG 3/31/2016 3:30:00 PM |
HB 143 |
| SB192 and HB 143 Letter of Support-AEA SFG 3-16-15.pdf |
SNRG 3/15/2016 1:00:00 PM SNRG 3/31/2016 3:30:00 PM |
HB 143 SB 192 |
| SB192 and HB 143 Letter of Support- AIDEA Leonard 3-11-15.pdf |
SNRG 3/15/2016 1:00:00 PM SNRG 3/31/2016 3:30:00 PM |
HB 143 SB 192 |
| HB143 Letter of Support-Juneau Hydropower-Letter 3-4-16.pdf |
SNRG 3/31/2016 3:30:00 PM |
HB 143 |