HOUSE BILL NO. 177                                                                                                            
                                                                                                                                
     "An Act  relating to the  Alaska Gasline Inducement  Act;                                                                  
     providing  inducements for the construction  of a natural                                                                  
     gas  pipeline  and  shippers  that  commit  to  use  that                                                                  
     pipeline;  establishing  the  Alaska  Gasline  Inducement                                                                  
     Act reimbursement  fund; providing for an  Alaska Gasline                                                                  
     Inducement    Act    coordinator;    making    conforming                                                                  
      amendments; and providing for an effective date."                                                                         
                                                                                                                                
Co-Chair Chenault  explained that the Governor  had provided a                                                                  
new committee  substitute  for HB  77, drafted  to the  Senate                                                                  
version  of   the  bill.     Legislative  Legal  Services   is                                                                  
currently drafting  a committee substitute incorporating  that                                                                  
language  and   should  arrive   by  the  afternoon   meeting.                                                                  
Amendments can be drafted to that version.                                                                                      
                                                                                                                                
HB  177   was   HEARD  &   HELD  in   Committee  for   further                                                                  
consideration.                                                                                                                  
                                                                                                                                
8:52:19 AM