01/29/1998 10:06 AM House O&G

        HOUSE SPECIAL COMMITTEE ON OIL & GAS                                   
                  January 29, 1998                                             
                     10:06 a.m.                                                
                                                                               
                                                                               
COMMITTEE CALENDAR                                                             
                                                                               
PIPELINE MAYORS                                                                
                                                                               
TAPE(S)                                                                        
                                                                               
98-5, SIDE(S) A&B                                                              
                                                                               
CALL TO ORDER                                                                  
                                                                               
Representative Hodgins, Chairman, convened the House Special Oil               
and Gas meeting at 10:06 a.m.                                                  
                                                                               
PRESENT                                                                        
                                                                               
Committee members present at the call to order were Representatives            
Hodgins, Ryan and Bunde.  Representative(s) Rokeberg, Kemplen and              
Brice arrived as the meeting was in progress.  Other legislators               
present were Representative Kubina and Senator Wilken.                         
                                                                               
SUMMARY OF INFORMATION                                                         
                                                                               
HANK HOVE, Mayor of Fairbanks, testified regarding the potential               
social economic impacts of a project the scale of the gas pipeline             
from Prudhoe Bay to Valdez.  He discussed possible tax structures              
to increase the economic feasibility of the gas project.                       
                                                                               
DAVE COBB, Mayor of Valdez, testified regarding the potential                  
social economic impacts of a project the scale of the gas pipeline             
from Prudhoe Bay to Valdez.  He discussed possible tax structures              
to increase the economic feasibility of the gas project.                       
                                                                               
COMMITTEE ACTION                                                               
                                                                               
The committee took no action.                                                  
                                                                               
ADJOURNMENT                                                                    
                                                                               
The meeting adjourned at 11:08 a.m.                                            
                                                                               
NOTE:                                                                          
                                                                               
The meeting was recorded and handwritten log notes were taken.  A              
copy of the tape(s) and log notes may be obtained by contacting the            
House Records Office at 130 Seward Street, Suite 211, Juneau,                  
Alaska  99801-1182, (907) 465-2214, and after adjournment of the               
second session of the Twentieth Alaska State Legislature, in the               
Legislative Reference Library.