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HB 334: "An Act making appropriations for a grant to Arctic Power to promote the opening of the Arctic National Wildlife Refuge for oil and gas exploration and development; and providing for an effective date."

00 HOUSE BILL NO. 334 01 "An Act making appropriations for a grant to Arctic Power to promote the opening of 02 the Arctic National Wildlife Refuge for oil and gas exploration and development; and 03 providing for an effective date." 04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 05 * Section 1. GRANT TO ARCTIC POWER. (a) The unexpended and unobligated 06 balance, not to exceed $800,000, of the appropriation made by sec. 91, ch. 61, SLA 2001 07 (Legislative Budget and Audit Committee - $1,500,000) is reappropriated to the Department 08 of Community and Economic Development for payment as a grant under AS 37.05.316 to 09 Arctic Power for education efforts to open the coastal plan of the Arctic National Wildlife 10 Refuge for oil and gas exploration and development. 11 (b) The sum of $200,000 is appropriated from the general fund to the Department of 12 Community and Economic Development for payment as a grant under AS 37.05.316 to Arctic 13 Power for education efforts to open the coastal plain of the Arctic National Wildlife Refuge 14 for oil and gas exploration and development.

01 * Sec. 2. The appropriations made by this Act lapse June 30, 2006. 02 * Sec. 3. This Act takes effect immediately under AS 01.10.070(c).