Legislature(2009 - 2010)

2009-04-18 House Journal

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2009-04-18                     House Journal                      Page 1089
HCR 12                                                                                                                        
Representative Ramras moved and asked unanimous consent to                                                                      
withdraw the following:                                                                                                         
                                                                                                                                
    HOUSE CONCURRENT RESOLUTION NO. 12                                                                                          
    Requesting that the governor and the attorney general review and                                                            
    reevaluate the license issued to TransCanada Alaska Company,                                                                
    LLC, and Foothills Pipe Lines Ltd., jointly as licensee, under the                                                          

2009-04-18                     House Journal                      Page 1090
    Alaska Gasline Inducement Act to determine whether the project                                                              
    proposed by the licensee sufficiently maximizes the benefits to the                                                         
    people of the state and merits continuing the license, taking into                                                          
    consideration economic changes affecting project financing, the                                                             
    availability of liquefied natural gas and natural gas from                                                                  
    nonconventional sources, the state's risk of paying treble damages                                                          
    associated with an in-state gas pipeline, and the expected budget                                                           
    deficit; and requesting that the governor and the attorney general                                                          
    report the outcome of the review and reevaluation within six                                                                
    months.                                                                                                                     
                                                                                                                                
There being no objection, HCR 12 was withdrawn.