Legislature(2001 - 2002)
2002-04-30 House Journal
Full Journal pdf2002-04-30 House Journal Page 3234 HB 519 The Finance 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(FIN) "An Act authorizing priority treatment under the Right-of-Way Leasing Act for an Alaska North Slope natural gas 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 2002-04-30 House Journal Page 3235 North Slope natural gas project from state and municipal property taxes during construction and initial operation, and 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; providing, through the Department of Community and Economic Development, emergency financial assistance for municipalities affected by 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 to natural gas projects, including an Alaska North Slope natural gas pipeline and any spurs; extending the deadline for submitting applications under the Alaska Stranded Gas Development Act; and providing for an effective date." The report was signed by Representatives Mulder and Williams, Co- chairs, with the following individual recommendations: Do pass (4): Bunde, Foster, Mulder, Williams Amend (2): Whitaker, Harris The following fiscal note(s) apply to CSHB 519(FIN): 3. Fiscal, Dept. of Revenue Fiscal note(s) forthcoming. HB 519 was referred to the Rules Committee for placement on the calendar.