Legislature(2011 - 2012)

2012-03-14 Senate Journal

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2012-03-14                     Senate Journal                      Page 1828
SB 153                                                                                                                        
The Resources Committee considered SENATE BILL NO. 153 "An                                                                      
Act relating to a gas storage facility; relating to the tax credit for a gas                                                    
storage facility; relating to the powers and duties of the Alaska Oil and                                                       
Gas Conservation Commission; relating to the regulation of natural                                                              
gas storage as a utility; relating to the powers and duties of the director                                                     
of the division of lands and to lease fees for a gas storage facility on                                                        
state land; and providing for an effective date" and recommended it be                                                          
replaced with                                                                                                                   
                                                                                                                                
          CS FOR SENATE BILL NO. 153(RES) "An Act                                                                               
          relating to an above-ground liquefied natural gas                                                                     
          storage facility; relating to the tax credit for an                                                                   
          investment in an above-ground liquefied natural gas                                                                   
          storage facility; relating to the regulation of gas                                                                   
          storage as a utility; relating to the powers and duties                                                               
          of the director of the division of lands and to lease                                                                 
          fees for a liquefied natural gas storage facility on                                                                  
          state land; and providing for an effective date."                                                                     
                                                                                                                                
Signing do pass: Senator Paskvan, Cochair; Senators McGuire,                                                                    
French, Wielechowski. Signing no recommendation: Senators                                                                       
Stedman, Stevens.                                                                                                               
                                                                                                                                
The following fiscal information was published today:                                                                           
 Fiscal Note No. 1, indeterminate, Department of Natural                                                                        
      Resources                                                                                                                 
 Fiscal Note No. 2, Department of Natural Resources                                                                             
 Fiscal Note No. 3, indeterminate, Department of Revenue                                                                        
 Fiscal Note No. 4, zero, Department of Administration                                                                          
 Fiscal Note No. 5, zero, Department of Commerce, Community                                                                     
      and Economic Development                                                                                                  
                                                                                                                                
The bill was referred to the Finance Committee.