2026-05-18                     House Journal                      Page 2807
Nays:  Allard, Bynum, Costello, Coulombe, Elam, Frier, Jimmie,                                                                  
Johnson, Kopp, McCabe, Moore, D.Nelson, G.Nelson, Prax,                                                                         
Ruffridge, Saddler, Schwanke, St. Clair, Stapp, Stutes, Tomaszewski,                                                            
Underwood, Vance                                                                                                                
                                                                                                                                
And so, Amendment No. 7 to Amendment No. 2 as amended was not                                                                   
adopted.                                                                                                                        
                                                                                                                                
Amendment No. 8 to Amendment No. 2 as amended was offered by                                                                    
Representative Holland:                                                                                                         
                                                                                                                                
Page 1, line 10 of the amendment, following "facilities":                                                                     
     Insert "and utility rates approved"                                                                                      
                                                                                                                                
Page 6, following line 18 of the amendment:                                                                                     
     Insert a new subsection to read:                                                                                           
         "(j)  An owner or operator of a gas pipeline advanced,                                                                 
     operated, or owned, in whole or in part, by the corporation, or a                                                          
     subsidiary of the corporation,                                                                                             
              (1)  may not recoup cost overruns from the construction                                                           
     of the first phase of a gas pipeline by increasing the rates charged                                                       
     to a utility; in this paragraph,                                                                                           
                   (A)  "cost overrun" means a cost in excess of                                                                
         $15,000,000,000;                                                                                                       
                   (B)  "first phase of a gas pipeline" means at least 730                                                      
         miles of 42-inch pipeline constructed to transport natural gas                                                         
         from the North Slope and deliver the natural gas to in-state                                                           
         consumers;                                                                                                             
              (2)  may not charge a utility in the state more than                                                              
                   (A)  $12 for each 1,000 cubic feet of natural gas after                                                      
         completion of the gas pipeline, but before the completion of a                                                         
         related liquefied natural gas plant;                                                                                   
                   (B)  $5 for each 1,000 cubic feet of natural gas after                                                       
         completion of a liquefied natural gas plant related to the gas                                                         
         pipeline."                                                                                                             
                                                                                                                                
Page 12, following line 26 of the amendment:                                                                                    
     Insert a new bill section to read:                                                                                         
"* Sec. 19. AS 42.05 is amended by adding a new section to read:                                                              
         Sec. 42.05.387. Rates charged by Alaska Gasline                                                                      
     Development Corporation gas pipeline. (a) An owner or