2002-04-24                     House Journal                      Page 3108
HB 519                                                                                            
The Resources 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(RES)                                                                  
    "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 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; exempting an Alaska North Slope natural                                    
    gas project from state and municipal property taxes during                                      
    construction; and providing for an effective date."                                             
                                                                                                    

2002-04-24                     House Journal                      Page 3109
The report was signed by Representatives Masek and Scalzi, Co-                                      
chairs, with the following individual recommendations:                                              
                                                                                                    
Do pass (5):  Stevens, McGuire, Fate, Chenault, Masek                                               
                                                                                                    
Do not pass (1):  Kerttula                                                                          
                                                                                                    
Amend (3):  Green, Kapsner, Scalzi                                                                  
                                                                                                    
The following fiscal note(s) apply to CSHB 519(RES):                                                
                                                                                                    
1.  Fiscal, Dept. of Natural Resources                                                              
2.  Fiscal, Dept. of Revenue                                                                        
                                                                                                    
HB 519 was referred to the Finance Committee.