Legislature(2023 - 2024)

2024-05-15 Senate Journal

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2024-05-15                     Senate Journal                      Page 2746
HB 223                                                                                                                        
CS FOR HOUSE BILL NO. 223(FIN) am BY THE HOUSE                                                                                  
FINANCE COMMITTEE, entitled:                                                                                                    
                                                                                                                                
          "An Act relating to royalty rates and payments for                                                                    
          certain oil and gas; relating to state loans for oil and                                                              
          gas development projects in the Cook Inlet                                                                            
          sedimentary basin; relating to the creation of                                                                        
          subsidiaries related to development projects in the                                                                   
          Cook Inlet sedimentary basin by the Alaska Industrial                                                                 
          Development and Export Authority; relating to the                                                                     
          Cook Inlet reserve-based lending fund and the                                                                         
          payment of dividends from the fund; relating to a                                                                     
          report to the legislature related to oil and gas                                                                      
          development projects in the Cook Inlet sedimentary                                                                    
          basin; and providing for an effective date."                                                                          
                                                                                                                                
was read the first time and referred to the Finance Committee.